The dreaded tax day is here but maybe not all bad. Did you get a tax refund this year? If you did how are you going to spend it? The average refund is $2,815. This year I got a little bit of a refund….not big …not too small…. so what to do? Think I’ll put all of it on a vacation fund for this year for the family. And I hope you didn’t have to write a big ‘ol check to the IRS this year. Here are six ways people will use their tax refund
- 33% will spend it on a vacation.
- 32% will put it into savings.
- 31% will pay off debt.
- 2% will put it towards buying a home.
- 1% will go on a shopping spree.
- And 1% will buy something for their kids.