WebAug 24, 2024 · Use your tax refund to start, build or replenish your emergency savings. 2. Pay down high-cost debt It’s a no-brainer to use your tax refund to pay down high-interest debt, such as credit cards, a payday loan, car title loan, debt consolidation loan, personal loan or private student loans. WebApr 11, 2024 · Here are five ways to spend your tax return wisely: Tackle your high-interest debt. You could either pay it off or plan to pay it over the next year. This includes credit …
5 smart ways to spend your tax refund - wtkr.com
WebFeb 8, 2024 · You can check the status of your 2024 income tax refund 24 hours after e-filing. Please allow 3 or 4 days after e-filing your 2024 and 2024 tax year returns. If you filed a paper return, please allow 4 weeks … WebMar 1, 2024 · The key to fun-sponsible is using a small portion—say 10%—for fun. Then use the rest to get ahead on one of your financial goals. Last year’s average refund, according to the IRS, was more than $2,800. The fun portion of that could be about $280. The other 90%—$2,520—can be your responsible money. Let’s look at some examples for … phone number hungry howie\u0027s
12 Smart Things to Do with Your Tax Refund - TurboTax
WebApr 7, 2024 · 11 Fun Ways to Spend Your Tax Refund 1. Treat yourself to little luxuries. Even if you’re saving most of your tax refund, it’s OK to spend a little on... 2. Do unto others. Have a little fun with your refund. Secretly … WebOct 14, 2024 · Here are a whopping 41 “how should I use my tax refund?” ideas to consider. 1. Unloading Your High-Interest Debt If you have credit card or other high interest debt, a tax refund can be a great way to reduce your balance, or even wipe it out completely. Doing this will help you stop throwing money away just on interest charges each month. WebFeb 14, 2024 · So use your income tax refund to pay down your highest-interest debt. You’ll be using the debt avalanche method, where you organize your payments by prioritizing debts with the highest interest rates first. This will save you money in interest over the long term. 3. Boost Your Retirement Savings how do you say broom in french