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Americans Are Saving Part of Their COVID-19 Stimulus Checks

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Americans Are Saving Part of Their COVID-19 Stimulus Checks
Blank Social Security checks are run through a printer at the U.S. Treasury printing facility in Philadelphia, Pa., on Feb. 11, 2005. William Thomas Cain/Getty Images
Tom Ozimek
By Tom Ozimek
4/28/2020Updated: 4/28/2020

Many Americans who have received their COVID-19 economic impact payments, also referred to as stimulus checks, have chosen to save at least some of the money rather than spend it, a new poll shows.

The most popular answer (38 percent) given by people who responded to a recent Axios/Ipsos survey about what they’ve done with the funds from the stimulus payments is that they’ve tucked them away for a rainy day.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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Related Topics
spending
COVID-19
stimulus check
economic impact payment
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