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Posted in these groups: 
Personal Finance
Finance
Personal Finance Finance
Posted >1 y ago
Responses: 11
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I would have to say the best thing is to recalculate your withholding so that your refund is very small, or so that you owe a very small amount. I used to be like the millions out there that looked forward to nice tax return before I woke up to the fact that you are getting zero return (or use) out of that money for a full year. If you are getting $1200 back this year, reduce your withholding by $100 monthly and put it away in savings or investments and watch it grow! It will be there if/when you need it.
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CPT Catherine R.
I was stoked to get a $50 refund last year... meant I did my calculations right! I consider it a personal challenge to calculate our withholding to the penny and adjust our withholdings as needed.
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Paying off and debts that have a high interest rate is my guess! Or maybe a weekend fishing trip.
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MAJ Steve Sheridan
Pay off your debts and then reward yourself for reaching a goal by going fishing.
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An IRA. Maxing out a Roth IRA early in the year is the great for compounding interest.
MAX OUT YOUR IRA!!
MAX OUT YOUR IRA!!
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MAJ (Join to see)
I did the same I simply called USAA a few years ago and they gave me all the tools to succeed.
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