$600 Federal unemployment benefit has expired

$600 Federal unemployment benefit has expired

If you’re currently collecting unemployment benefits, you might discover that your next payment could be smaller than it has been. As of this past Friday, July 31, 2020, the Federal unemployment benefit of $600 per week has expired. The Senate had been working on extending these benefits but decided to allow the benefits to expire before approving any extension. This will leave approximately 30 million Americans who are currently collecting unemployment benefits to struggle even more to try to make ends meet. As of the time of this posting, there is no definitive time table as to when the benefits could be extended.

Unfortunately, we can’t offer any advice on to make up for that $600 loss outside of maybe putting some of your clutter up for sale on Geebo.com. You never know who may want to pay you for that thing you’ve been looking to get out of your home. Ad listings are free. However, we can offer advice on how to keep the money you already have.

This is going to be a perfect time for scammers to strike. With so many people desperate to find work or a place to live, it’s almost a guarantee that scammers will be looking for new victims.

When it comes to job scams, be leery of any offer that sounds too good to be true. Avoid depositing any checks that phony employers will say is for supplies or equipment. Avoid any positions for secret shoppers or repackaging positions that are disguised with titles like ‘shipping coordinator’ or ‘warehouse redistribution coordinator’.

Where housing is concerned, once again, it’s best to avoid any listing that sounds too good to be true. If the rent is significantly lower than the average market price, it’s probably best to avoid that listing. If a landlord refuses to show you the property for any reason including social distancing, it’s more than likely a scam. If the supposed landlord asks for payment in something unusual like gift cards, wire service, or cryptocurrency that will probably be a scam listing.

I’m sure all of us are either affected by the current economic situation or know someone who is. If you’re in a position to, maybe reach out and offer to help someone you know. It doesn’t have to be financial assistance necessarily. Sometimes just the offer of a helping hand can be enough.