Fed money on the way: a U of M expert explains how to prioritize windfalls
This week, the first deposits from the Economic Stimulus Act will arrive in Americans bank accounts in an attempt to catalyze the troubled economy. But, as a consumer, what are the best ways to spend or save that windfall?
Rosemary Heins, University of Minnesota Extension educator, family resource management
Heins can discuss the best ways to prioritize the spending of windfalls, whether it be towards reduction of debt, savings or pure consumer spending. She also stresses to be vigilant of scam artists claiming to be with the IRS and needing personal information. As a family resource management educator, she can also explain how to get out of debt and use credit wisely.
To interview this expert, contact the University News Service, (612) 624-5551.