8 Good Ways to Use Your Stimulus Check

12 Oct 2020
Updated on 21 Jan 2025
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Toy car in between stacks of car title loan cash from Delaware Titles Loans, Inc.

The stimulus check might have been one of the most helpful initiatives during challenging financial times. For many, it provides much-needed relief when extra cash is hard to come by. Whether you’re managing bills, investing in education, or seeking emergency cash, this guide will help you make the most of your stimulus check.

And if you find yourself needing extra funds, Delaware Title Loans, Inc. can help you get quick cash through online title loans.

8 Great Uses for Your Check

1. Start an Online Class

Education represents one of the best investments one can make because, when leveraged properly, it will help you for years to come. New jobs that require certain qualifications open up often and taking the time to learn something new can help make you a viable candidate for your dream position.

2. Invest in Your Child’s Education

The only thing that beats learning is helping someone you love to learn. By giving your child access to higher education, you give them access to opportunities. You know how expensive education can be, especially if you’ve pursued it yourself, and storing money away for this purpose is a great way to ensure that these high costs aren’t sneaking up on you.

3. Buy Books

A great way to educate yourself without the hefty price tag of formal schooling is by buying and reading books that will help you develop skills. According to recent surveys, almost 25% of Americans haven’t read a book in the last 12 months, but you can change that statistic yourself by purchasing a book that can further develop your skills. While formal schooling comes with a degree or a certificate of completion that you can use on a resume, books are a cheaper option of expanding knowledge.

4. Relax

Hustling is hard and hustling for long periods of time can lead to burnout. It’s important to remember that life is a marathon, not a sprint, and if you’re starting to feel burnout from working longer hours or stressing over, well, everything, using your stimulus to take a night off or to treat yourself to dinner isn’t a bad way to spend this money.

5. Hire a Personal Trainer

Your health is important, especially with COVID running amuck in the world, and hiring a personal or wellness trainer can be a vital component to ensuring you’re taking care of yourself.

6. Pay Outstanding Bills

If you are having a hard time paying your bills, like almost everyone nowadays, the stimulus check is a great way to ensure you have enough money to pay the important bills like your rent/mortgage, your power bill, and utilities. While many places are allowing you to pay when you can, these bills will roll over and begin to accrue.

7. Put Money In Your Retirement Fund

Making sure that you are going to have a packed savings account when you retire will be your ticket to comfort. Old age shouldn’t make you stuck, it should mean that you have become free to do whatever you want, and wherever you want.

8. Bolster Your Emergency Fund

Did you know that the average American has $400 in their savings account to deal with an emergency? This number has dropped even lower with the impact of COVID. If you don’t already have one, you should have many set aside to handle all of the miscellaneous emergencies that like top pop up unannounced.

When these happen, you’re probably left wondering where you can find fast emergency cash in a pinch? Thanks to our easy-to-follow application process, you can find and use car title loans in Delaware in no time. Here’s how they work!

 

 Man driving his car from Delaware Titles Loans, Inc. holding his piggy bank from title loan

Need Extra Cash? Turn to Delaware Title Loans

If your stimulus check doesn’t cover all your expenses, Delaware Title Loans, Inc. offers a fast and simple solution. With online title loans, you can secure up to $15,000 based on your vehicle's value. Here’s how it works:

  1. Complete an Online Form: Visit our website and fill out a short application form.
  2. Provide Necessary Documents: Bring your driver’s license, lien-free vehicle title, and the car for inspection.
  3. Get Approved Quickly: After approval, receive your cash the same day or the next business day.

For smaller amounts, we also offer installment loans in Delaware up to $1,500.

Find Title Loan Locations in Delaware

We serve several cities throughout the state, making it easy to find Delaware Title Loans near you. Whether you need emergency cash or are exploring your options, our loan associates are here to help.

Explore more about our process on our Title Loans Process page or check out the Title Loans FAQs to learn why this option might be perfect for you.

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

June Mckaig

June Mckaig writes articles on finance and budgeting, hoping to provide insight amidst the overwhelming crowds of information on the internet. She feels that with all this accessibility comes a lot of false data, and she would like to contribute astute, helpful input that she knows can help others. If you would like to learn more about June's research, read more here.

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