Oh Happy Tax Day!
Today is the day.
Today is the deadline for filing your taxes!
And hopefully you get a return back or don't owe anything.
What we prefer is that you don't owe anything because that means that you did not give the Federal Gov a free loan with your money, and that means you planned your taxes amazingly well.
If you are in this category -CONGRATS!
But, if you are receiving a return, still good!
Here are the many ways to utilize your taxes (and no the list does not include to use it or a vacation- sorry but not sorry):
1.🚩 Pay off some debt
2..🚩 Automatically transfer it to an online savings account with a high interest rate (yes, you may need to open a new account, but if that means more in your pocket, then so be it)
3. .🚩 Save it in your emergency fund
4. .🚩 Pay off all or some of your rent - this will give you some wiggle room and less worries - also you can you the saved rent money into paying off your debt or saving it (you see the where we tie it back to...lol)
5..🚩Use it to pay off school tuition or to get a certificate or accreditation so that you get paid more in your job/venture
6. .🚩Put it into your 401K, IRA, RothIRA or any other investment
Remember the point of your taxes return is not to use it as a vacation savings account, rather use it correctly and to catch up on any expenses that you were not able to afford.