The best use of your tax refund
Wednesday, April 29th, 2009
Do you remember the good old days when spending our tax refund frivolously wasn’t such a big deal? Our jobs were stable, house values seemed to be on a never-ending climb and the stock market was booming. Things were looking pretty good. Well, we are all feeling a little less wealthy these days; our portfolios have been beaten up, the wealth in our homes have taken a blow and on top of all that, we are worried about our jobs and the stability of our income. There is a lot of insecurity or fear out there and so spending our tax refund on a great vacation or a new flat screen TV may not be the most financially savvy thing to do.
So what should we do with this year’s tax refund- spend it or save it, invest it or splurge? (more…)
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Category Money tips for women | Tags: Tags: debt reduction, emergency money, finances, financial concerns, financial planning, financial planning for women, RRSP, RRSP versus mortgage, wealth planning,
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