Taxes aren’t all bad – especially this time of year when refunds are doled out to the tune of (on average) approximately $3,000. But don’t be fooled. Before you embark on an extravagant shopping spree, there’s something I have to say: Halt! Stop! Wait!
Kiplinger offers 10 tips for spending (and saving) your refund. Paying off credit card debt, rebuilding your emergency fund and boosting retirement savings are great ways to protect – and pad – your pocketbook.
I know what you’re thinking: That’s no fun! Point taken. But heeding some of these suggestions might help you avoid a serious case of buyer’s remorse. Who wants to deal with that?