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What You Need More Than a Stimulus Check

Times are tough right now, and many Americans are hoping for a second stimulus check to assist them with their financial difficulties. While an additional cash payout would be helpful, there are other ways to assist with debt and financial challenges that can be even more beneficial for you and your family in the long term:


Budgeting has the potential to help you put extra cash in your pocket during this time of economic uncertainty. By creating and following a budget, the money you have left over can be put into savings, used for household essentials, or you can also join millions of other Americans in paying off debt. Here are some tips for budgeting right now:

  1. If you’re working from home, calculate how much your spending habits have changed on things such as gas for commuting, car maintenance, meals or eating out. Add those funds to savings or use them to pay off debt.
  2. Calculate how much you are spending on food and groceries and stick to a grocery budget. A large amount of spending in the United States is going towards essential services like grocery stores, however not all grocery spending is truly essential. Take a close look at your receipt from your latest grocery trip and plan to take out some non-essential items from your next shopping trip.
  3. Take a look at all of your expenses cumulatively, subtract the total from your monthly income, and allocate a portion of the remaining balance partially to spending money and paying off debts.

Credit Monitoring

If you’re like most Americans and you’re focused on restructuring your finances, it’s important to monitor your credit score and spending habits. By doing so, you can quickly identify suspicious changes to your credit score and plan ahead to make bigger payments to settle your  debt.

Reaching out to your lender should be your first step if you’re concerned about your credit score.

According to the Consumer Financial Protection Bureau, “as with other natural disasters and emergencies, your creditors or lenders may be willing – and in some case are required — to provide forbearance, loan extensions, a reduction in interest rates, and/or other flexibilities for repayment.” Unfortunately, not all creditors are willing to work with their customers. If you’re not able to find the accommodations that you need, reach out to us.

Debt Relief (Business, Consumer, and/or Credit Card)

A debt relief service is one of the best tools to assist businesses, individuals, or families with substantial debt who are struggling to pay it off during this time. Here are three forms of debt relief that can help you and your loved ones get back on track and stay there:

  1. Business Debt Relief
  2. Consumer Debt Relief
  3. Credit Card Debt Relief

PCS Debt Relief offers these services and tailors them to your specific needs. For example, you may need both business and consumer debt relief, or perhaps you’re just looking for relief from your credit card debt. If you find yourself in need of debt settlement assistance during the COVID-19 pandemic, we can work with you to become financially stable.

Get in contact with us today by calling (636) 209-4481 for a free consultation or by visiting our website.

PCS Debt Relief

About the Author:

At PCS, our programs are tailored to the client’s specific financial needs. What sets us apart from our competitors is that clients see relief, before any payment is received. Our NO UP-FRONT FEE policy ensures our client’s a 100% satisfaction guarantee. We also do not charge any monthly fees or any cancellation fees. We want the client to feel comfortable during the whole process that’s why we allow them to be part of it every step of the way.

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