Creative (And Boring) Ways to Use a Tax Refund

Oh My Dollar!

Alright, so you got a tax refund. Or some other fun chunk of money. How should you use it? Save, splurge, or...? Maybe cash it into twenty dollar bills and fill your bathtub with it and flop around like the rich magical being you are?

Here's our ideas, ranging from creative to not:

Pay off debtSave your one-month buffer or emergency fundStock up and freeze fancy cheese so you're never out of fancy cheeseFill in your sinking funds or known unknown categoriesSave for retirementBuild out your stupid mistakes categoryPay next year or next quarter's taxes earlyBudget for something fun - like a trip or a splurgeCreate an impulse buy category (I made a Scott's Cheap Flights splurge category)

Links and Episodes mentioned

Scott's Cheap Flights - the most dangerous newsletterThe Government Will Pay You to Save For RetirementPreparing for Known UnknownsWhat Money Goals Should You Focus on? Complete Guide to Quarterly Taxes

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