What to do with $600 payments? CNBC asks financial advisers, gets dragged for tone-deaf & clueless tips ...News

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What to do with $600 payments? CNBC asks financial advisers, gets dragged for tone-deaf & clueless tips
Unsolicited financial advice on how Americans should spend their meagre Covid-19 stimulus payments has put a target on CNBC’s back as visions of pitchforks and torches dance in readers’ heads. The outlet asked financial advisers, landlords, and other well-heeled professionals how ordinary Americans should use the $600 stimulus payments Congress agreed on Sunday that will go out to all Americans making less than $70,000 per year and the $300 weekly unemployment boost. Their answers, delivered in a Tuesday article, were seen by many as insulting, lacking in empathy, or just clueless – not exactly surprising, considering most financial a

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