For many people, a tax refund is the largest check they will receive all year. And most of us wouldn’t be at a loss for ideas on how to spend that check, the dilemma is deciding what to drop from the list.
The IRS reports that the average tax refund is close to $3,000. This isn’t a crazy, change your life forever amount of money, but definitely an improve your financial standing amount. General rules of thumb are helpful in determining how to divide and utilize your tax refund. One option is the 30-40-30 plan to pay for your past, present, and future financial…
