Do you save it or spend it?


Posted anonymously, 2nd June 2018


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  • I hope I get some cash this year… will be saving it!



  • 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.



  • Christmas, normally. This year it will be spent on IVF, though.



  • 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.



  • This Year I’ll be keeping it to go towards bills. Trying to be mor financially savvy.



  • We use it to pay other bills and of course putting it towards the mortgage is a great way to spend this too.



  • Our insurances all come due at tax time so it just seems to disappear.



  • We put it on our mortgage or if we have bills pay them first.



  • It goes towards more bills and car insurance



  • I usually use it to pay more household bills.



  • Thanks mom93821!



  • This year l will saving half and spending half!



  • Making an extra payment on the mortgage is such a terrific way to go mum90758!


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