How to Spend Your Tax Refund Wisely

By Ron Sanders on February 27, 2017


It’s tax season, which means you may be coming into some money in the near future. According to U.S. News and Money, in 2016, 111 million Americans received a tax refund, with the average amount being $2,860. On the flipside, you may not be due anything. The IRS anticipates that 30 percent of taxpayers will not receive a refund this year. If you do receive a refund, deciding what to do with it can be a challenge. Should you invest it? Save it? Treat yourself? While the options are endless, here are just a few ways to wisely spend that money.

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