 TITLE: Experian Survey: How Is the Pandemic Affecting Personal Finances? CONTENT: Nearly Half of Consumers Who Received Stimulus Check Put Some in Savings\n------------------------------------------------------------------------\nIn response to the unprecedented economic impact of the pandemic, Congress passed the Coronavirus Aid, Relief and Economic Security (CARES) Act in March. Among other things, the bill included funding for a one-time cash payment of $1,200 to Americans making less than $99,000.\nMany U.S. consumers who received a stimulus payment in 2020 reportedly used the money for a host of things other than essential purchases, including paying down debt and contributing to investments and savings.\nWhen asked if they were able to use a portion or all of their stimulus check to contribute to their savings, 48% said they were able to save some or all of their check, while 33% answered that they weren't able to save any. The remaining portion of respondents said they did not receive a stimulus check at all. END