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Doing your taxes is kind of the worst, but there’s a definite light at the end of the tunnel – your tax return! It’s like Christmas in April! You might even get so excited about it that you’re not sure what to do with it, and that’s what we’re here to help you with. Here are 5 great ideas for what to do with this nice chunk o’ change.
1. Save It
We have to give the most financially sound and boring advice first – save it. You never know when you might need some moolah to get yourself out of a sticky situation, like if your car breaks down or your house unexpectedly needs repairs. You also might be saving toward something bigger, like a trip or a house or a car. Your tax return could be that last bit of money you need in order to afford what you’ve been saving for.
2. Take a Trip
Now for the fun stuff. You just got handed a pile of money. Why not take a weekend getaway? It’s been a pretty taxing week (get it?). Everyone needs a break once in a while, after all, and it can do you good to escape from routine and experience someplace new. You don’t have to spend all of it at once, either – find a cheap flight at CheapAir.com and a deal on a hotel from Hotels.com and you’ll have plenty leftover for spending money on your trip. Treat yourself!
3. Makeover Your Wardrobe
Spring has definitely sprung, and soon it will be summer time. Don’t you think it’s time to ditch the coats and scarves and update your look? Your tax return would make a great wardrobe update fund. Throw out those scuffed up winter boots and grab yourself a few cute pairs of sandals, get rid of the warm clothes and grab some shorts and tees. Sites like Amazon, Lightinthebox.com, and Target.com are all having good sales right now, so you can stretch your bucks further to complete your new wardrobe.
4. Go To A Show
I don’t know about you, but I rarely get to go see the concerts and shows I want to. The thing is that they’re always so expensive, and I just can’t justify spending the money for the tickets. Well, your tax return is the perfect guilt-free way to finally drop the money and see that band you’ve been wanting to see for ages, or get your music festival tickets that you’ve been dreaming of having. Thanks, IRS!
5. Get A New Gadget
Maybe your old phone is a bit battered, or maybe you’re just itching for a new toy to play with. Whatever it is, you can use your tax return indulge your hankering for fun new tech. The Apple Watch is going to be out soon, why not jump on the smartwatch bandwagon and order one? If you’re still using your old phone, maybe it’s time to use your tax return to upgrade to the iPhone 6 or the Samsung Galaxy s6? After all, it’s on Uncle Sam’s dime.