5 Questionable Uses for A Tax Refund

Spending an IRS refund in these ways is likely to leave you with remorse. Learn how to avoid this fate.
By Ollie Geiger

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Refund party aftermathA tax refund can be ideal for paying off debt, building your saving account or replacing an aged home appliance. Unfortunately, it can fund less-worthwhile endeavors just as easily.  

While there’s nothing necessarily wrong with having some fun with your tax refund, you’re almost sure to regret buying anything that offers few long-term benefits. After all, you may not see another lump sum like it for another 12 months – if then.

Here are five questionable ways to spend your tax refund, along with some alternatives designed to help you avoid mistakes.

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Ollie Geiger