Create a free account
Join Calaméo to publish and share documents with the world!
Rate and comment your favorite publications, download documents and share your readings with your friends.
5 Choices That Waste Your Tax Refund
3 pages
Published by
Curtis Rose
5 Choices That Waste
Your Tax Refund
5 Choices That Waste Your Tax Refund
The average tax refund is around $3,000; that s a nice chunk of change! However, it s
a dilemma every year for many folks.
Should you invest it? Should you enjoy...
[More]
5 Choices That Waste
Your Tax Refund
5 Choices That Waste Your Tax Refund
The average tax refund is around $3,000; that s a nice chunk of change! However, it s
a dilemma every year for many folks.
Should you invest it? Should you enjoy it?
While there are several good ideas on how to put that money to use, let s look at
several things that it’s best to avoid:
1.
Spend it all on an insignificant purchase.
You worked hard for that money.
Consider using it for something that’s meaningful to you or increase its value
with a wise purchase.
If you invest that tax refund, it can have a significant effect on your
retirement.
This is a great time to put the entire amount into an IRA.
That
$3,000 put into an IRA every year is worth over $180,000 after 20 years
at a 10% return.
Consider all the things you ve purchased over the last 5 years that
got you really excited at the time.
Would you rather still have those
things or would you rather have all that money back?
If you prefer to spend
[Less]
Tags
back,
break,
choices,
create,
dream,
invest,
meaningful,
money,
purchase,
refund,
spend,
spending,
things,
time,
waste,
year,
years
