WRAL SmartShopper

WRAL SmartShopper

Thursday thoughts: What are you doing with your tax refund?

Posted April 12, 2012


Here we are at tax time again and I am wondering what you plan to do with your tax refund this year - if you are actually getting a refund. Are you planning to spend it on a vacation, remodel the kitchen, pay off debt, put it in the bank or use it some other way? Let's hear it - what are you doing with your tax refund?

If you aren't sure what to do with the refund, click HERE for an article from MSN about what NOT to do with your tax refund. Although I laugh at the 10% annual return she expects on her investments, the advice the author offers is solid.

This year we are putting our return into retirement savings.  Since my husband and I do not work for companies with matching retirement benefits, every little bit helps!


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  • kcampbell113 Apr 13, 2012

    we used some for a 3 day trip to the beach over spring break, paid the homeowner's assocation and the rest is going in savings.

  • Batty Apr 13, 2012

    Using our refund to pay the Fed..

  • comalley3 Apr 12, 2012

    Going to use for our trip to London and Paris this month!! My first time out of the US except to Canada and Mexico.

  • marybethwright06 Apr 12, 2012

    See ... I totally knew we could count on you! Now I need to figure out how to get tall and skinny to squeeze into one of those suckers!

  • Faye Prosser - Smart Shopper Apr 12, 2012

    Actually ladies, you can update your castle wardrobe at the Southern Women's Show this year as they will have Princess Diana's gowns there. I am sure if you ask nicely they will be happy to find one that matches even your most outdated tiaras. ;-)

  • heremeaj Apr 12, 2012

    I am sure she does and a deal on tiaras if you realize yours is hopelessly out of style. Face it, sometimes new diamonds are just not enough...

  • marybethwright06 Apr 12, 2012

    heremeaj ... I was hoping Faye would post a coupon for that!

  • heremeaj Apr 12, 2012

    marybethwright06 - I am diappointed that you did not save some for moat repairs at the castle but of course the servants must be pacified.

  • marybethwright06 Apr 12, 2012

    I used mine to remodel our summer cottage in France. I was also generous with the servants ... allowing them each a hefty bonus on their usual salaries. When all was said and done I had enough left to add 3 new diamonds to my tiara. My husband used his half to paint the jet and invest in a coffee plantation in South America ... I love coffee so I was very pleased with this decision.

  • stephkenner Apr 12, 2012

    We used ours for a down payment on the house we bought. :-)