Bill Wood, senior lecturer and coordinator of the Financial Services Degree Program in the Raj Soin College of Business, talked to News Center 7 about what people should do with their stimulus checks.
The checks are intended for basic needs: food, medication costs, rent, mortgages, etc.
Once those basic needs are met, Woods encourages setting up an emergency fund. The fund should be three to four weeks of living wages.
Another option is to support local businesses, food banks and local charities to spread the wealth.
Many people on social security have expressed concern over whether or not they qualify to get a stimulus check.
Wood says that those on social security will among the first to get their checks as the government already has their direct deposit information.
Wright State’s Tom Hanks Center for Motion Pictures adds director, plans to grow 
Wright State departments create powerful collaboration researching threats to expectant mothers, babies 
Wright State nursing students to offer Stop the Bleed training in Wilmington 
Joyful connections 
Wright State’s MBA program ranked among the best for entrepreneurs by Princeton Review 