The U.S. government will soon begin depositing $1,200 into bank accounts for people who earn less than $75,000 as an individual, $112,500 as the head of household, or $150,000 married and filing jointly. But what should you do with this money?

If you’re like me, you have already thought about what you’re going to do with an extra $1,200. How about a nice trip to Europe? Maybe pay off some of those student loans? Or how about seeing some of your favorite bands in concert? There is nothing intrinsically wrong with any of these decisions. You are receiving money from the government, and you can spend it as you wish.