The IRS will be doling out a whopping $600 to Americans as part of their plan to mitigate the economic impact of the WuFlu pandemic. You heard that correctly: $600 for every American will save the economy. Forget about going back to work. Forget about allowing small businesses to operate to get the economy moving again.
Before you go spending that $600 on frivolous accoutrements, you may want to look into the following suggestions.
Cryptocurrency
If you have been paying attention to the cryptocurrency markets, you may have noticed that Bitcoin (BTC) has recently surpassed its all-time high. With Bitcoin having a price in the $30,000’s at the time of this writing, purchasing the digital currency may seem prohibitive. Remember, however, that you can buy fragments of Bitcoin, and there are other cryptocurrencies (altcoins) that may yield even better returns.
Coinbase is a cryptocurrency exchange that can be used to purchase crypto using your bank account or debit card. Once you have set up your Coinbase account, you will be able to purchase and trade Bitcoin, Ethereum, Litecoin, and more. It is suggested to use this referral link to get an extra $10 worth of Bitcoin after your first $100 purchase. This will give you a 10% return on investment immediately.
Make your money work for you; in this job market, that wagecuck paycheck may not be guaranteed.
Food Supply
It is strongly advised to stock up on food just in case shit hits the fan (SHTF). Feeding yourself and your family is paramount, and with the nation undergoing its current turmoil, you never know when the supply chain may fall apart.
I would advise storing food for short, medium, and long-term timeframes. Fresh food can be stocked up for the short term. Canned food is a reasonable investment for the mid-term and can be stocked up on cheaply at dollar stores or wholesale venues such as Costco.
For long-term food supplies, freeze-dried foods are a good choice. Depending on the venues in your area, you may be able to purchase them locally for affordable prices. If you cannot purchase freeze-dried foods locally, there are numerous options on Amazon.
Water
The average human can probably go without food for about a month, but one can only go without water for about three days. Aside from hydration, water is vital for cleanliness and cultivation of crops. If you purchase freeze-dried food, water will be necessary for its preparation.
Water storage, collection, and purification instruments may prove vital in an SHTF situation. If you are familiar with local waterways, LifeStraws may prove effective in a bugout situation. LifeStraws are lightweight, making them an appropriate addition to your bugout bag, and can be purchased from Amazon.
Ammunition
If you can find ammo at your local firearms shops, it would be a good idea to stock up if you can. Due to the ammo shortage, a single box of .22 long rifle might eat up your entire stimulus check. It will be worth it though if it comes down to hunting to feed yourself or preventing yourself from being prey.
Start Your Own Business
Starting your own business can be a daunting endeavor, especially when consumers have less expendable income. Lockdowns in certain communistic states also make opening a brick-and-mortar impossible.
Thankfully, it is easier than ever to start an online business. You may even want to take up blogging or affiliate marketing. Whatever your online business model may be, it is advised to invest in a Web domain. NameSilo offers secure, affordable domains which can be easily connected to e-commerce platforms such as Shopify, or webhost.
Once again, solely relying on a wagecuck paycheck is inadvisable in 2021.
Conclusion
The best ways to spend that measly $600 stimulus check is on prepping and investments. Ensure that you and your family are squared away in terms of food, water, and protection. Next, make the money work for you, or at the very least, hedge against job loss and other potential calamities.
If you have any additional suggestions as to how our pissant pauper stimulus money can be spent, let us know in the comment section below.