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More than a third of Americans plan to save their next stimulus check rather than spend it, new survey finds

stimulus checks

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34% of Americans said they will save the next round of $1,400 stimulus checks that President Joe Biden is pushing Congress to pass, which will lower household debt and stimulate the economy.

In a survey conducted by Morning Consult, which was commissioned by Bloomberg, it found that compared to the first round of $1,200 stimulus payments, 11% more Americans plan on putting the third payment right into savings. Spending on food, housing, and credit card debt followed close behind, at 30%, 22%, and 18%, respectively, reflecting other priorities of Biden’s plan to provide increased food details ⇒

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