4 Ways to Spend Your Tax Refund (That Actually Pay You Back)
April 15th is a few weeks away; have you filed your tax return yet?
If the answer is yes, you’re not alone. The IRS reported last week that it has already received about a third of the individual tax returns that it expects to process this year. They’ve also issued more than 40 million refunds so far, at an average amount of $3155.
Investing your tax return instead of spending it
If you’re one of the happy refundees, that money may be burning a hole in your bank account as we speak. Before you squander it on something you won’t remember by tax time next year, consider using it for something that can actually help you save or even earn money in the long run. Here are four ideas:
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