3 Money Moves To Make With Your Social Security Checks for the Last Few Months of the Year

Core Insights - The article emphasizes the importance of evaluating financial goals and making strategic financial decisions in the final months of 2025, particularly for those relying on Social Security checks [1][3][4] Financial Goals Assessment - Approximately 67% of seniors depend on Social Security for at least half of their income, making it crucial to assess financial performance as the year ends [3] - The last quarter is identified as a key time for individuals to evaluate their financial goals and progress [3] Economic Context - Economic uncertainties and tariffs have contributed to financial challenges for many, especially those dependent on Social Security [4] Holiday Planning - Utilizing Social Security funds to create a holiday budget is recommended to avoid debt during the holiday season [5] - A survey indicates that 78% of Americans plan to reduce holiday spending due to economic factors, while 47% anticipate incurring holiday debt [5] Debt Management - Using Social Security checks to settle debts, such as credit card balances, is advised to start the new year with improved financial stability [6] - AARP reports that 52% of adults aged 50 to 64 carry credit card debt, with significant portions of older adults also affected [6]