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How to spend your tax refund

This is a discussion on How to spend your tax refund within the Money & Finances forums, part of the Home & Living category; The deadline for filing your taxes is just weeks away, which means most of you have probably already had them ...

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Old 03-26-2008, 03:13 PM
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Default How to spend your tax refund

The deadline for filing your taxes is just weeks away, which means most of you have probably already had them taken care of. For you procrastinators out there, you better get a move on! It's estimated the average return is around $2,500. With that in mind, what will you do with that extra cash?

There are many temptations to receiving that much money at once, but there are also many financially sound things you can do to make your situation a little better.

Spend it

This may seem like bad advice, but just like with dieting, you don't want to completely deprive yourself. However, you don't have to spend it all either.

As MSN Money recommends, spending ten percent of your windfall will help you be responsible with the rest of it. Take that $250, or whatever your ten percent equals and buy a new pair of shoes, splurge on a trip to the spa or take your significant other out for a fancy meal.

What are you doing with your money? How to spend your tax refund| Sheknows.com
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Old 03-27-2008, 11:41 PM
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Default Re: How to spend your tax refund

No refund for us this year. We owe about $2K. Not a big deal however, we knew we were going to owe. It's all because of my business!
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Old 03-27-2008, 11:56 PM
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Default Re: How to spend your tax refund

Mine is gone!! I paid off everything I own..! No debt for me!!
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Old 03-27-2008, 11:59 PM
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Default Re: How to spend your tax refund

We just got a check back from our mortgage company.. they messed up and we paid to much (I don't totally understand it.. it's kinda confusing). But anyway.. they sent us a BIG check.. so we're about to pay off my car. Yay!!!!
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Old 03-28-2008, 09:05 AM
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Default Re: How to spend your tax refund

yikes.. ours is allready gone... my dh bought a hd lcd tv and i bought myself a new camera
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Old 03-28-2008, 11:15 PM
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Default Re: How to spend your tax refund

Quote:
Originally Posted by momoffour View Post
yikes.. ours is allready gone... my dh bought a hd lcd tv and i bought myself a new camera
Cool! What kinda camera did you get?
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Old 03-28-2008, 11:21 PM
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Default Re: How to spend your tax refund

Quote:
Originally Posted by Lisa1621 View Post
We just got a check back from our mortgage company.. they messed up and we paid to much (I don't totally understand it.. it's kinda confusing). But anyway.. they sent us a BIG check.. so we're about to pay off my car. Yay!!!!
How awesome Lisa!! Thats great!!!
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