Between student loans, a mortgage, an auto loan and whatever else you may owe money on, you probably can’t get rid of all of your debt with a tax refund, but if the refund is substantial, you can probably get rid of a decent amount.
“If you owe on credit cards, you’re paying double-digit interest rates,” says Nicholas Vail, a financial advisor and co-founder of Integrity Wealth Advisors in Indianapolis. “Paying minimums on these balances usually equates to spinning your wheels. A lump sum from a tax refund can help you pay down the principal on these debts,” he adds.
Pharmacies are good places to find medicine and numerous other practical items. However, some things…
Money is one of the most common sources of stress in the United States. In…
Bad spending habits — most of us have at least a few. In fact,…
You don’t have to spend big bucks to increase your home’s value. In fact, lower-cost…
When I spotted a garage sale sign yesterday, I had to circle the block after…
The expenses that come with buying, renovating and decorating a home can add up, but…