Wilbert Hamilton Offers Financial Advice on ABC 33/40’s Talk of Alabama Regarding Stimulus Checks, Other Federal Payments, and Budgeting Amid the Pandemic | Hamilton Wealth Advisors Founder Provides Key Insights on Pandemic Relief and Managing Finances During Covid
Birmingham, AL– With varying degrees of federal pandemic-related relief programs, like stimulus checks, Americans should understand the different types of aid available if they don’t receive a fourth stimulus check. Montgomery native Wilbert Hamilton, founder of Hamilton Wealth Advisors, appeared on ABC 33/40’s Talk of Alabama to provide insights and guidance to Alabamians during an unprecedented pandemic. People in the Yellowhammer State should be aware of the following.
- Extension of the child tax credit that increased from $2,000 to between $3,000 and $3,600, based on the child’s age.
- Talks are still ongoing around raising the minimum wage from $7.25 up to between $11.00 and $15.00.
These aren’t a done deal yet, so if Americans don’t receive any extra money, Wilbert urges viewers to prepare their bank accounts for the future, no matter what it brings.
“Well, if this pandemic has taught us nothing else, tomorrow is not promised to us, so we have to take advantage of everything we can today. We at Hamilton Wealth Advisors firmly believe that people don’t plan to fail, but they do fail to plan,” Wilbert stated.
Wilbert also highlighted the importance of looking at your own personal budget and revisiting your financial goals. The pandemic has caused thousands of Alabama residents to face financial situations head-on and make significant adjustments. “First and foremost, we want to just look at your personal budget. We found that most people know exactly how much money they have coming in, but have no idea how much they have coming out.”
With so many people experiencing drops in hourly pay and hours worked, some even being laid off completely, Wilbert, who specializes in providing financial advice to underserved communities, was the perfect licensed financial advisor to speak on the matter. He ended the segment by highlighting Hamilton Wealth Advisors’ spending budget worksheet, which allows people to go online to itemize those amounts and assess their financial situation.
With help from licensed financial advisors like Wilbert and news segments like these, many people got peace of mind, information regarding federal pandemic aid packages, and resources that could help them assess their personal situations to better themselves during and after the pandemic.
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