Search
  • Naked Proverbs

Midweek Quickie: COVID-19 Economic stimulus checks


In Episode 038 of the Naked Proverbs podcast, Rich and Nik Scott talk about the COVID-19 economic stimulus checks many Americans are receiving.



Nik:

Welcome back to the Naked Proverbs podcast where we unclothe the truth about Black love family and marriage. My name is Nik Scott, one of your hosts, and I'm here with my husband,

Rich:

What's going on? It's your boy Rich.

Nik:

Right at the start of every episode, we always remind our listeners that we are not trained, licensed or professional therapists or counselors. We have been married for a long time. And we use Naked Proverbs as our platform to share our stories, our advice, our experience, and our opinions. If you haven't already, make sure that you are following Naked Proverbs on whatever podcasting platform you listen to your podcasts on. And if you like what you hear, make sure you stop and show us your love and support by giving us a five-star review on Apple podcasts.

Rich:

As we do every week. We want to take a moment and say thank you to our listeners, as well as those that have been tuning in to our Talkback Live. Thank you.

Rich:

I'm about sick of talking about COVID and Coronavirus and being locked down. I'm just ready to be free. Free me. But we were talking the other day and I realized that there's the possibility that there are people that are receiving stimulus checks or possibly even unemployment, and because of the Cares Act, there's the possibility that people could actually be making more money right now than they normally make.

Nik:

When people get extra money. They look at it just as that like extra money. Like this is a bonus. This isn't money that I was counting on and they treat it as such. Instead of using it to make wise investments, or to save in their savings account, they really look at it like, oh, look, I found this on the street. Let me see how fast I could spend it.

Rich:

And I think that's a great point. Because like I said, in the beginning, there are some people that are actually still able to work. They have not lost any income because of the shutdowns and the things that are going on across the country, across the world. And I know here in America, everybody's receiving, you know, what is it $1200 per individual adult, up to $2400 for a married couple, or $500 per each child that's under the age of 16 or 17 or 18, I don't know whatever the age is. And for those people that are still working, you could be getting, you know, a decent amount of money. It's not a huge amount of money but a decent amount of money that you could use to really invest in yourself. Whether it be paying down or paying off a credit card. or choosing to invest in stocks that are extremely low right now. But there are all kinds of options outside of just buying the newest set of whatever.

Nik:

But I think we should recognize the fact that the $1200 that you're talking about per individual or whatever the amount is, this is called an economic stimulus check. And when you think about the word stimulus, it's from stimulate, the economy. It's not an economic relief check. Right. So, the whole purpose that the government is giving us these checks here in the United States is so we can turn around and go stimulate the economy. So, it is not a coincidence, y'all, that malls and everything are opening up just as money as hitting your bank account or your mailbox, because that is what they want you to do. That doesn't mean that's what you have to do.

Rich:

And especially in our community. I mean, we are some spenders. We have to have the newest shoes, the newest purse the newest gadget. Instead of taking this money and just blowing it like we are good for doing, think about investing in yourself.

Nik:

Thank you so much for tuning in to this week's episode of the Naked Proverbs podcast. We truly want you to have a happy marriage. We want you to continue to thrive in your marriages and indulge in your spouses on a regular basis. Don't forget to follow the Naked Proverbs on whatever podcasting platform you listen to your podcasts on. And until next time, y'all

Rich:

Peace.

GET OUR FREE EBOOK:

30 DATE IDEAS FOR BLACK COUPLES

  • Facebook
  • Instagram
  • YouTube
HOME     |     PODCAST     |    SHOP     |      EBOOK     |     SUPPORT     |     REVIEW     |     TRANSCRIPTS     |     ABOUT     |     CONTACT

Denver, CO

© 2019-2020  by Scott Media, LLC.