Many people around the country are getting some much needed funds from this government right now. The American Rescue Plan provides households with $1,400 for each adult, child, and adult dependent, including college students or elderly relatives. How exciting!

If you have even a modest-sized family you can expect several thousand dollars to be direct deposited into your account. What are you going to spend your money on? The intent of these checks is to provide relief to the American population and also to boost the economy. You're not supposed to save it; you're supposed to spend it! It's natural to want to keep it in your account for a rainy day, but our economy really needs you to spend it. Small businesses all around Georgia are hurting and could really use the cash influx of people spending their checks. Remember, money spent means jobs are kept and more taxes are paid. These taxes make our schools and roads better. It's a cycle we all depend on!

That being said, it's still a good idea to spend it wisely. Don't blow it all in a way that once it's gone you cannot even remember what you spent it on! Financial gurus and other experts recommend a few ways to do this:

#1 Spend it cleaning up and fixing your home. Money put into your home is never wasted. This check will go a long way towards carpet cleaning, AC repairs in Richmond Hill, GA, a new coat of paint, and some landscaping. Anything that boosts the value of your home means you'll be getting more on your investment. That's right, you can think of air conditioner repairs in Richmond Hill, GA and finally hiring a plumber to fix the sink as an investment!

#2 Pay down your mortgage principal. If you don't own your home outright, you are paying interest every month in addition to the actual money you owe on your loan. Every little bit you put toward the principal part of your loan can help reduce the amount of interest you pay over time. Eventually, you will either pay off your house early or get more cash in your pocket when you sell your home and move on.

#3 Upgrade your appliances. Spending more time at home means more wear-and-tear on your fridge, washing machine, HVAC, hot water heater, and dishwasher. That may be why you needed AC repairs in Richmond Hill, GA in the first place! Replace an aging appliance you would have otherwise kept around another year or two longer. That's what the check is for after all!

Has something on this list really jumped out at you? "Oh! I have been wanting to do something about the landscaping for a while now!" you may say. No matter what you do with your check, the only thing you shouldn't do is waste it. You'll be proud of yourself for putting into your home and making it more valuable.