Many families will feel a boost to their bank accounts this spring and summer when they receive their tax refund and/or their stimulus checks. It is a good idea to create a plan, otherwise you may start to see your money disappear on meaningless extravagances.
- A weekend getaway
- A kitchen/bathroom remodel (these add the most value to your home)
- Extracurricular activities for the kids (piano lessons, soccer in the fall, camps)
- Pay off (or down) debts
- A new piece of furniture or electronic device
- Invest it for retirement
- Start a college fund
- Make an extra house payment
- Invest in yourself: take a class or get some needed counseling
- Treat yourself to a limited shopping spree!
