8 Money-Smart Ways to Spend Your Tax Refund
by Sandra Block, Senior Editor, Kiplinger's Personal Finance
Jun 02, 2020
4 minutes
The average federal tax refund so far this year is $2,772 - about the same as the average for 2019. But what a difference a year makes. Instead of using the money for a summer vacation, many people who have lost their jobs because of the coronavirus pandemic will need to use their refunds to pay the mortgage or buy groceries.
If you're fortunate enough to have the essentials covered, you may be tempted to treat yourself to takeout from your favorite restaurant or a nice bottle of wine. Fine. But once you've scratched that itch, consider these ways to put the rest of your tax
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