Stimulus checks: Many Ohioans paying off debt, saving money
By Cornelius Frolik - Dayton Daily News, Ohio (TNS)
Many Ohioans are using their most recent stimulus checks to pay off debt or add to their savings, according to recent studies.
A Household Pulse Survey conducted between Jan. 6 and Jan. 18 found that more than half of Ohioans who recently received a stimulus check ― which would be part of the second round of payments ― would use the money to pay off debt (54%).
More than a quarter of Ohioans (28%) said they would mostly save the money, and one in six residents expected to mostly spend it.