Two thousand eight hundred dollars.
Thats the average income tax refund these days.
How would $2,800 feel in your pocket?
The question is, what are you going to do with your financial windfall?
Its so tempting to spend, isnt it?
After all, life is short!
OR you could resist the urge to splurge.
Our team has compiled alist of creative waysyou can fatten your bank account this week.
This is a long list, so dont get overwhelmed.
Go ahead and start now, but be sure to bookmark this post so you might easily return later.
Well keep it updated as offers changes or expire.
Start an Emergency Fund
Do you have an emergency savings?
And funneling your refund directly into a savings account will help you avoid the temptation to spend it.
Did you know you might have the IRS direct-deposit your tax refund in up to three different accounts?
So many of us are being eaten alive by credit card interest rates north of 20%.
So use your income tax refund to pay down your highest-interest debt.
This will save you money in interest over the long term.
But you could have the IRS deposit the money into an IRA instead.
There are tax advantages, too.
you might have the IRS direct-deposit your tax refund directly into your IRA.
Get a Month Ahead on Rent (or Your Mortgage)
The rent is too high!
Its no secret that housing in the U.S. is becoming less and less affordable.
Low-income folks are the worst off here, but middle-income families are also getting squeezed.
With a tax refund, you’re free to do more than keep up.
you’re free to get ahead.
Its a simple way to keep your peace of mind in case times get tough again.
Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Ask one of these companies to help…
