You probably already have an idea of what to do with your tax refund. It's a pretty common occurrence when doing the math after filing your taxes that you imagine the places the return will go to. But now that we're in return season, what will you do with it?
On today's Equifax Finance Blog post, tax expert Eva Rosenberg gives you plenty of options to choose from, some you may not have thought of and some you maybe should consider. Are you looking to do something practical? Catching up on bills is certainly a sensible way to spend a little extra money. But have you thought about putting the money into something beneficial yet still practical? Maybe you could take a class that will make you eligible for a promotion?
And of course there is door number two, something to spoil yourself. You could do something as simple as buy season passes to a local theater or something more extravagant like a family vacation. If you plan correctly and your return allows, you might be able to do a little bit of both. For more options, both sensible and indulgent, read the full post here.
Ilyce Glink is the author of several books, including 100 Questions Every First-Time Home Buyer Should Ask and Buy, Close, Move In!. She blogs about money and real estate at ThinkGlink.com, The Equifax Personal Finance Blogand CBS Moneywatch She is Chief Content Strategist at RealtyJoin.com, a community for real estate investors.