7 Smart Ways To Spend Your Tax Refund
The average refund could be gone in a blink, or it could go a long way toward changing your future. Don’t worry -- you can blow some of it, too.
Blow (some of) it - frittering away 10% of any windfall as an incentive to be responsible with the rest.
Pay your credit cards - Paying your cards off, or at least down, will save you a big chunk of change and free up space on your cards for emergencies.
Fund your retirement - The problem is that you can't just dump your refund directly into a 401(k). But you can ask your human-resources department to increase your contribution from your paychecks.
Boost your emergency fund - And having a little spare cash on hand might help you avoid using credit cards to pay for the inevitable crises.
Contribute to a college fund - You can put up to $2,000 a year into a Coverdell Education Savings Account.
Continue your education - You may be able to expand your skill set profitably with just a course or two.
To read more, visit 7 Smart Ways To Spend Your Tax Refund
To read more, visit 7 Smart Ways To Spend Your Tax Refund
posted by Anna at
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