We are all guilty of splurging and spending our tax returns on things that we really don’t need. Although a new TV may feel gratifying at first, you could regret it in the long term. Make decisions this year that will benefit you financially and then use the money you receive in ways that will actually earn you even more money.
If you are not already a home owner, then this is without a doubt, one of the best uses of your tax return. Years of renting can leave you weary due to soaring rental prices and malfunctioning appliances. You are also missing out on the advantages of building equity and the freedom that owning your own home brings. Your tax refund can be the perfect source for a down payment on your home ownership dreams.
If you are already a home owner, here is a list of great renovations that can add value to your home using the money you receive back from your tax refund.
If you or someone you know is interested in buying or refinancing, call me today to get started.