Thursday, April 23, 2009

Where Will Your Tax Refund Go?

Approximately 71% of Americans will receive a tax refund this year.  Where will it go?  Let us know what your economic stimulus plan is.

Will you pay off or pay down debt?  You may not experience instant gratification, but, you will feel financial relief.

Will you invest it?  Maybe contributing to an IRA especially if you are laid off and are not currently contributing to a 401k as a result.

Will you use if for personal enrichment?  Some view this as a way to squander their return.

Will you donate it?  Afterall, many charities are hurting as well as a result of the rough economy.  It will help advance recovery and could be a chance to donate beyond your normal means.

Let us know what your economic stimulus plan is.
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