What's up everybody welcome back to the channel every day, I feel like I'm doing a lot of research for you guys as far as stimulus check updates and all that today's update is going to be about the 2000 a month, the emergency money for the people act And did a video of this few weeks ago, but now it looks a little bit more clear and honestly, it looks like we might have something go here, guys, let's get right into this video. If you are new here, my name is Walter. We talk about personal finances, talk about travel, we talk about credit, how to maintain, build and rebuild your credit, regardless of age or whatever. So, there's something that you're interested in you make sure you subscribe to the channel notification bell as well and we're also doing the Emma's.

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Alright! So for those of you who don't know with the emergency money for the people Act is, let me quickly go over it and also put a screenshot up here for you guys, so you guys can actually read with it with me. Alright, so here's the eligibility and what it entails - okay, so pretty much it's gon na be two thousand a month, two thousand a month for anybody and I'm gon na go over the eligibility requirements, but two thousand per month pretty much until this coronavirus. This pandemic is just gone, it's crazy, but until that's over it's typically 2,000 per month, so let's get into what the eligibility is. So we every American age, 16 or older, making less than 130,000, would receive at least 2,000 per month, which is a good amount of money.

It's definitely a lot better than 1200 hours. Are we getting now and we're sorry we're not even getting it. We received it. Some of us have received - I don't know some of you have not received this, so it's kind of like.

Why are we talking about the second one and we haven't received the first one the first ones are coming out. Unfortunately, it's you know a lot longer than we expected, but they're coming, but this one is something that's going to happen every month like clockwork, and so they just decide that you know we've kind of got ourselves out the whole two thousand per month for a 16 Year old, it's a lot of money and making a you obviously have to make on your hundred thirty thousand dollars or less married couples. Earning less than 260 would receive at least 4000 per month. That's a good amount of money.

That starts a really good amount of money 4,000 per month and a qualifying family, so let's say a married couple: who's already receiving 4,000. Let's just put that in there we'll receive an additional 500 per child. Family family will receive funds for up to 3 children. So 3 times 5 is 15.

That's $ 1,500, okay plus the 4,000. If you're a married couple, that's $ 5,500, you can be receiving per month like clockwork guys. I think you know I'm not coming anybody's pockets, but I think that's more than enough, when a per monthly basis to really help out with bills and expenses and yeah I mean, I think, that's a really good amount of money. Those who had no earnings were or were unemployed or currently unemployed would also be eligible and those who were not eligible, 2019 2018, but would be eligible in 2020 because submit at least two consecutive months of paychecks to verify, which is really good.

So let's say you were making so much money in 18 and 19 and 20 comes around you're, not making anything. Well yeah I mean you should qualify right. I think the stimulus check that we got this now kind of messed it up in that sense because based off of 18 and 19, but we're in a new year now, so this is really good, so I love it all right now. Here is why I did a video on this before here is why I think this is going to be a lot better and we have a better chance of getting this past.

This is not official. We have a better chance to get the past. So if you don't know, we have two representatives, I did this bill. We have a representative rope, higher Rokon up and tim ryan are the two that proposed this bill and when this originally started, I've been on a lot of research.

It only had 17 co-sponsors, so 17 people in office were Democrats. Unfortunately, just only Democrats - and I'm not going to say if I'm Democrat, a Republican, I'm really not either, but it was 17 Democrats that co-sponsor now we have an additional 10 who have co-sponsored and one of the biggest ones is Suzanne Bonamici. I put the screen shot right here. She just put on here May 2nd 2021.

Her Twitter account thank you, rep Tamara and I'm proud to join you monthly payments of at least 2,000 during this crisis would provide more security for families in Oregon and across the country, and I 100 % agree 1,200 again. It was a nice gesture. Just wasn't enough! I'm lucky and I'm thankful that I'm in a position where I'm not affected, but I have people, many members, loved ones who are affected and you know I'm doing the best I can to support. But you know it's affecting everybody in some way.

I mean you're. Thinking about businesses when this whole thing is over and everybody gets back to work if they can't get back to work, which is hard to say, nobody's gon na want to put money into this economy. You're not gon na want to go on vacation, not because you don't want to, but you can't afford to I've been out of a job for six months. I've been out of a job for four months.

I can't afford to go on vacation. I want to, I just can't afford it so, even though, let's say they open all these places back up and I can only open Texas back up, I think George, I might open back up a little bit. I'm gon na Philadelphia, Philadelphia juries in the earth. All the tri-state - I don't see it opening up right now, but you know these places get opened back up and there's no money to go around into the economy.

There's no money to going on there, crews there's no money to going on vacation to Jamaica in Mexico. There's no money to take a flight, we just don't have the money right, so we definitely have to get money to put money back into it. You know you have to have the funds to get the funds and being behind on you know, electric bills and rent, and just everything is just not going to make sense once it's all said and done when we get back to work, because when we get back To work guys we're going to be working to get caught up, not not working to spend, so it's gon na be still very low spin. But that's why again, at the same time with all the companies - and I put a video with this to companies like cruises and Airlines, the truth I say they believe in - like I love Delta, I believe in Delta's strength.

They've done it before and you know. I definitely could see them doing it again. It's the best time to invest. I mean that's kind of a different subject, but this is the best time to invest.

If you can, if you want to invest and get free stocks, click the Robinhood link in my description by the way, no better free stock just for clicking it - and I think you maybe have to deposit, maybe like 20 or 25 bucks - maybe not, but you get A free share and it can be like app or something you can get an Apple share, possibly so for free just for signing up so definitely check that out too. But what do you guys think again? No, some of you have not received your money, I'm student or research everyday, for you guys and I do videos daily, so it makes you or I subscribed with that. I think it's a great proposal. This was a propose that I actually liked it makes sense to me it's 2,000 per month.

It's not just two thousand one time it's two thousand a month and it really helps out, and hopefully, if this is approved, which I really do, I hope it is. It's a lot easier and a lot smoother than what we're going through right now, where you have so many people in different situations. If you have direct deposit, if your SSI Social Security or you're a veteran or your real benefits, it's just so many things, and then you have two checks being sent out after 20 weeks. It's just so many I just wish they were so much more prepared for something like this.

So hopefully this time around with this proposal, it's a lot more prepared and the money like Canada just has no issues right now. Canada is getting, I believe, 2,000 a month and they've already been getting it for a few months. Now, like there's no issues, we need to be better, we need to be more, you know proactive. We need to be more efficient.

In 2020 we got ta have that technology. We got to figure out something. So that's just my personal opinion and, like I said guys during this tough time, I'm gon na be going when I can to get back. So you make sure you are subscribed and giving away money - I'm not rich, but I'm giving away money and I'm gon na announce how, on my video on Friday so make sure you are subscribe to the channel.

So you can get that stuff and you know have a chance at winning for free. You know get some groceries get some gas whatever you want to do it, the money I'll be sending it via cash. Yet if you find this video helpful, let me know, let me know how you guys. Are you guys receiving your checks and let me know what you think about this proposal and is it likely to get approved? I thought you guys soon stay safe,.