July 4, 2022

Loans

Its All About The Money

6 Things You Need To Do With Your Tax Refund, In Order

12 min read

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If you’re getting a tax refund this year, be sure to be intentional with how you spend (or save!) it. Here’s our best advice, from investing in your future to padding out your emergency fund.

Why diets don’t work: https://www.health.harvard.edu/blog/when-dieting-doesnt-work-2020052519889

High-interest debt: https://www.businessinsider.com/personal-finance/what-is-high-interest-debt

Video on debt payoff: https://www.youtube.com/watch?v=TWHV-nRuuoQ&

Emergency funds: https://investor.vanguard.com/investor-resources-education/emergency-fund/whats-the-right-emergency-fund-amount

Retirement savings: https://www.investopedia.com/articles/personal-finance/092414/retirement-what-percentage-salary-save.asp#:~:text=Aim%20to%20save%20around%2015,or%20about%20%24666%20per%20month Compound interest calculator: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator

Save vs invest: https://www.wellsfargo.com/goals-investing/saving-vs-investing/

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