What to do With New Money [Bread & Wine]

Will you be receiving money from the Child Tax Credit?

Based on our income this year, we will be receiving the tax credit and could be upwards of $500 per month starting in July.

Once again, Nicole and I completely disagree with what to do with this new money. We debate how we should use it and options for other families to figure out their plans for the stimulus money.

RESOURCES

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Advance Child Tax Credit Payments in 2021 (IRS): https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021

Child Tax Credit 2021 (USA Today): https://www.usatoday.com/story/money/2021/05/03/child-tax-credit-2021-covid-payments-start-july-update/4893305001/

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