Tax Returns – What do you think?

posted 3 years ago in Money
Post # 3
63 posts
Worker bee
  • Wedding: March 2015

We are paying off a small debt and putting the rest into savings! Although my shoe collection could always use a new addition, I am refraining!

Post # 4
147 posts
Blushing bee
  • Wedding: August 2013

Half of ours is going into savings and half will be spent on a vacation!

Post # 5
1888 posts
Buzzing bee
  • Wedding: August 2014

Mine is being split three ways, first third went directly into savings, second third went to making all my bills current, and the thrid third went to  wedding stuff.

Post # 6
1768 posts
Buzzing bee
  • Wedding: June 2014

I put just over half towards our credit card- we had to buy some last minute flights and our savings were depleted due to me being unemployed for two months. We’ve been making big payments, but it’s nice to have it all paid down. The rest is in my savings account, although I do have a small spree at jcrew planed (Like less than $100).

Post # 7
951 posts
Busy bee
  • Wedding: July 2014

@thehappiestbridetobe:  I normally save mine, but this year we decided to dedicate it to wedding items we had temporarily put on one of my 0% APR cards.  I still have a nice cushion in savings so this was probably the right decision.

Post # 8
239 posts
Helper bee

Mine is only $600 and I was going to save it but my car decide it needed to break down

Post # 9
1428 posts
Bumble bee
  • Wedding: August 2013 - Rosehill Community Center

We’re saving it… but only until we can save some more to upgrade our electrical system!  So we’ve already made plans for it, but have not actually spent any of it yet…  I think we’re filing this week.

Post # 10
3637 posts
Sugar bee
  • Wedding: September 2015

This is what the phrase “don’t count your chickens before they hatch” was MADE for. I’ve known people to spend before getting their return and then being stuck when it isn’t as much as they though it was going to be!

I always put mine into savings. 

Post # 11
1067 posts
Bumble bee
  • Wedding: September 2014

Mine was just about $300 total, and I’m just saving it.  While I’ve enjoyed having larger returns in the past, I finally found that sweet spot where I don’t owe, but I’m not giving the government a big ol’ loan 🙂

Then of course I’m going to complicate things by getting married that year – argh! lol

Post # 12
143 posts
Blushing bee
  • Wedding: June 2017

Mine was only like $800, but I spent it. This winter has not been nice to my car, so I needed new tires, an oil change, and to pay it off finally! Maybe next year I will be able to save all of it.

Post # 13
12900 posts
Honey Beekeeper
  • Wedding: June 2011

What’s a tax return?  I always end up owing.

Post # 14
1093 posts
Bumble bee
  • Wedding: May 2014

Mine has come and gone already. I spent it on paying down my 2 credit cards.
Also, you don’t know how much money people get back. I get back a pittance compared to many I know.

Post # 15
9137 posts
Buzzing Beekeeper
  • Wedding: November 2013 - St. Augustine Beach, FL

We spent half of ours on roundtrip tickets to Europe.  We save money throughout the year so our tax return is a bonus which we usually spend on a vacation somewhere.

Post # 16
3637 posts
Sugar bee
  • Wedding: September 2015

@Mrs_Hammer:  You should feel good about spending it, you spent it on your safetly, ensuring that you can get to work and on paying off debt – all good things to spend money on!

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