We are in the middle of tax season and you may be anticipating a chunk of cash back from Uncle Sam. You may have identified paying some bills, or making an investment. You may want to try a few of these suggestions:
- Donate to a charity, like a local animal shelter, homeless shelter, or another group you would like to donate some funds.
- Update a room – furniture, paint, might be the way to go.
- Pay off a car – If you have enough in your refund – you could free up some cash in the future by paying off your car payments early.
- Take a trip – weekend getaway or a resort spa weekend.
- Clear your Credit Card Debt – take your outstanding balance down to zero and start your financial freedom.
- Tackle a Hobby – What to learn how to play golf, or ride a horse, cooking classes – develop a new hobby.
- Help Someone Out – Gift some money to someone who is down on his or her luck.
- Fill the Pantry – stock up on everyday necessities. Use some digital coupons to save even more.
- Upgrade your Electronics – New cell phone, tablet, TV or laptop – look for refund sales at the store.
- Tuck it away –put some cash in bank for a “rainy” day – The cushion will help you out.