Maximize Your Refund the Smart Way [Infographic]

Tips for Spending Your Tax Refund

 

There it is, sitting in your account just begging you to spend it. It’s like when you were a kid and you found a dollar on the sidewalk – the possibilities seem endless!

No matter how big the dollar number is, you can’t help but feel that little thrill of excitement when you get your tax return. Perhaps it’s the idea that now you can finally buy that gadget you’ve had your eye on. Or maybe it’s the thought that on this one day out of the year, the government actually owed you something.

Whatever the source of your thrill, the next step is to figure out what to do with this sudden influx of cash. There are so many options:

• Go all out and take that trip to Maui you always wanted to take?
• Use it as a down payment on a car, home, or other big purchase?
• Enroll in that art class you’ve always wanted to join?
• Sock some of it away for the future?

We’ve put together the infographic below with some advice from financial experts to help you figure out how to best ways to maximize your tax refund. Let us know what you decide – we’d love to hear from you!

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