Usually it goes on something boring like bills, but this year we are all upto date and have spare cash which has taken us years to be able to get ahead. So we are buying our daughter a motorbike for her bday and probably a new washing machine, which is not an absolute necessity at the moment as ours is still ok, but figured we would upgrade whilst we have the spare cash.
I usually use my tax returns for either house renovations or products that i usually don’t have the money for. One year I had been saving all year for a new car and waited until tax time to start shopping as my tax return was a fantastic boost to my savings and opened up more options when shopping for a car.
Regardless of how much you get in return or if you do, I think it should be used wisely because every year is different and cricumstances change. Boring I know.
I always wait 1 month before I touch my tax return than I pay the necessary bills first than the rest is for me. I think what I may like not what I need as I feel than I am receiving a gift from the government. Yea. Xx
I use the money to put into an investment account. I like to see my money grow, as old-fashioned as that sounds. I figure that I have worked too hard for the Taxman to squander it away.
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