Stimulus Update: What Having an Influx of Extra Money Felt Like for Many
CNBC spoke with a mother of three from Florida named Denise. Denise co-directs a nonprofit called Central Florida Jobs With Justice, and between the three rounds of economic impact payments, received more than $10,000 in stimulus funds.
According to Denise, she used the money to pay off her car loan and a credit card. She built an emergency fund, something she'd never been able to do before. As her debt was reduced, Denise's credit score improved.