Under the mattress it goes!
"Despite planners' advice, many spend tax refunds; Paying down debt is a favored option" by Dave Copeland, Globe Correspondent | April 29, 2009
Financial planners say people should try to save as much of their refund as possible.
(Pffft! F*** You and your INSULTS)
While the oft-repeated advice of having six months' worth of living expenses in emergency savings may seem unrealistic for many people - particularly in this economy - some planners say a tax refund can offer a partial cushion if income suddenly drops. They suggest putting your emergency stash into a money market or savings account.
"Right now, cash is king, so it makes sense to keep as much as possible available," said Bruce Fenton, founder and President of Atlantic Financial Inc., in Norwell. "Economic troubles may continue for months or even for many years, and it's best to plan for the worst and hope for the best."
Meanwhile, the MSM is telling us we are coming out of it and things are looking up. I'm so sick of them and their damn agenda-pushing lying!!!!!!!!
Paying down debt is another option, said Glazer, the Boston planner. While he advises most clients to save, he said other smart moves include maxing out an individual retirement account, or IRA, contribution for the year or setting aside money in a college savings plan. He also suggests that some clients make an extra mortgage payment, if possible.
"Over the past 20 years, this mindset has evolved that mortgages are 'good debt,' and that's part of the reason we're in the mess we're in - people took out loans they couldn't afford or you had people nearing retirement getting into 30-year mortgages," Glazer said. "When you look at the true cost of a loan over time, whether it's a mortgage or a car loan, it's enormous, and it starts to make sense to make an extra payment if you can."
That's the last place I'll send the refund!
In an ideal world, people would make the appropriate deductions, accurately predict their income, and neither owe nor be owed money come April 15.
No, IN AN IDEAL WORLD, you pro-tax piece of shit, that ILLEGAL LAW would be ABOLISHED COMPLETELY!!!
Watch: America: Freedom to Fascism
And GET THIS FART POOT of TRUTH!
In most cases, a tax refund amounts to the repayment of an interest-free loan to the federal government....
WHO is SERVING WHO, 'murkn?
Nothing like incessantly pushing an agenda, 'eh, readers?
The Boston Globe Tells You What to Do With That Tax "Refund"
And I'll tell 'em what to do with their s***-sheet paper!
