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AND SECOND, BE AWARE THAT THE THOSE WHO QUALIFY FOR THE MONEY WILL BE DIFFERENT THAN LAST TIME. DOUG: THE TAXABLE INCOME THRESHOLD WILL BE $75,000 FO INDIVIDUALS AND $150,000 FOR A MARRIED COUPLE, BASED ON YOUR 2019 INCOME. PAUL LANE IS A CERTIFIED FINANCIAL PLANNER FOR THE ARMSTRONG ADVISORY GROUP IN NEEDHAM. HE SAYS THEY LEARNED A LOT ABOUT WHO DOES WHAT WITH THEIR STIMULUS CHECK BASED ON THE FIRST GO ’ROUND. >> STUDIES HAVE SHOWN FROM THE FIRST STIMULUS PAYMENT THAT HALF OF THE PEOPLE WHO RECEIVED IT, ALMOST 50%, THEY HAD LESS TH -- IF THEY HAD LESS THAN $500 IN THEIR BANK ACCOUNT, THE MONEY WENT OUT RIGHT AWAY. DOUG: IF YOU ARE IN THAT GROUP, PAUL SUGGESTS USING YOUR EXTRA CASH TO TAKE CARE OF THOSE IMMEDIATE AND NEAREST TERM OBLIGATIONS. >> WE’VE GOT THE EVICTION MORATORIUM THAT WAS PUSHED BACK A LITTLE BIT FURTHER, BUT THERE IS A LOT OF PEOPLE WHO ARE BEHIND MONTHS ON RENT. SO ANYTHING YOU CAN DO, GO TO YOUR LANDLORD, GO TO SOMEONE, AND SAY, "I GOT THIS MONEY. CAN YOU JUST BUY ME SOME EXTRA TIME?" DOUG: FOR THOSE FORTUNATE ENOUGH WHO MAY ALREADY HAVE A FEW MONTHS OF A FINANCIAL CUSHION, PAUL SAYS IT’S NEVER TOO LATE TO INVEST IN YOURSELF. >> HAVE 6-12 MONTHS OF EMERGENCY EXPENSES SET ASIDE. LOOK AT POTENTIALLY INVESTING IT. WHETHER THAT’S IN BONDS OR STOCKS, DEPENDS ON YOUR RISK TOLERANCE, BUT MAKE YOUR MONEY WORK FOR YOU. DOUG: PRESIDENT-ELECT JOE BIDEN HAS REFERRED TO THIS LATEST ROUND OF HELP AS A, QUOTE, FIRST STEP AND DOWN PAYMENT, SUGGESTING A LARGER BILL AFTER HE’S SWORN INTO OFFICE, WHICH HE HOPES WILL INCLUDE A THIRD STIMULUS CHECK. I’M DOUG MEEHAN, WCVB NEWSCENTER