Newsweek cites doxo’s data in a personal finance article about how to spend one’s $1,400 stimulus check, Here’s The Smartest Way to Spend Your $1,400 Stimulus Check, If It Passes:
The majority of the recipients of the $600 stimulus checks, sent out at the end of December and beginning of January, will be spending it on necessities too,” reporter Kerri Anne Renzulli writes. “Six in 10 Americans will use the money to immediately pay household bills, such as utilities, cable/internet, rent, mortgage and mobile phone bills. Another 11 percent intend to use the payment to feed their families, according to a survey from bill pay service doxo.”