Good morning, Daily Money friends, it’s Nathan Bomey wishing you a Happy St. Patrick’s Day! Or, as this day will probably be known for millions of Americans, stimulus check receipt day.
On to our …
INSIGHT OF THE DAY: The income threshold above which Social Security recipients get taxed on their income isn’t indexed to inflation. That means more and more people owe taxes on their benefits every year.
Now for the rest of the news …
1. Should you invest your stimulus check? Half of young Americans plan to do so, Jessica Menton reports.
2. Becoming a millionaire by investing in index funds takes several hundred dollars a month over a few decades. But over time, your gains can definitely get you there.
3. Making money in your sleep sounds like a joke. But it can be your reality with the right investment strategy.
4. The only thing better than a Shamrock shake or a green beer on St. Patrick’s Day is a free one. Check out Kelly Tyko’s roundup of deals and freebies on the holiday.