Anyone getting a tax refund ?

What is a refund?

I'm surprised Suze would endorse "refund" thought. My dad used to say he "could invest that money better than the government can". I'm earning interest on that $ all yr long....unfortunately, the piper has to be paid in April. But I understand the "use this practice like a savings acct" thought...use the refund to pay your high-interest bills down.

Nope. Never. Pay in and pay extra all year long and pay in again in April.

Are ya kidding? And I have to pay someone to tell me how much I owe........

Usually we bank it in savings. This year we banked half and are using other half for expenses on upcoming trip. We don't get a huge refund.

Everyone's circumstances are different. Some investment advisors recommend adjusting your withholdings so there is little to no refund.

However, strictly considering the question, I think Suze's recommendation is sound advice.

On 3/9/2014 sidsmom said:

I'm surprised Suze would endorse "refund" thought. My dad used to say he "could invest that money better than the government can". I'm earning interest on that $ all yr long....unfortunately, the piper has to be paid in April. But I understand the "use this practice like a savings acct" thought...use the refund to pay your high-interest bills down.

I think she changed her tune with interest rates, etc being so low.

My refund is always very small (if any) and just goes to normal expenses.

On 3/9/2014 sidsmom said:

I'm surprised Suze would endorse "refund" thought. My dad used to say he "could invest that money better than the government can". I'm earning interest on that $ all yr long....unfortunately, the piper has to be paid in April. But I understand the "use this practice like a savings acct" thought...use the refund to pay your high-interest bills down.

Have you seen interest rates on CDs and savings accounts? Not much.

Any money invested in bonds has been a bust too.

Stocks are a risk as well.