Tax season is upon us! It’s time to keep an eye on the mailbox for important documents. All that you’ll need to file your tax return should be coming your way. You should also consider how you’ll use your hard-earned moolah. Will you squirrel it away or splurge on a shiny new toy? We think you deserve some fun, so we’ve put together a list of the top 10 ways to spend your newfound cash.
1. Take a Trip
Let’s face it. You’ve worked your butt off all year, and now you’re in need of a refresh. What better way to revive your spirits than with an exciting adventure? Figures vary by state, but the average federal tax refund in the US is $2,895. That’s more than enough for a long weekend getaway at a peaceful inn or cozy bed and breakfast. If you’re looking for something more unique, Airbnb lets you rent out homes, apartments and more. Flesh out your vacation with some of their engaging experience packages.
2. Get Fit
It’s not too late to switch 2018 onto a healthy track. Put some of your dough towards a gym membership, workout equipment and exercise classes. Nutritious food tends to be expensive, so add whatever’s left of your loot to your grocery shopping stash.
3. Relax and Rejuvenate
Indulge in some much-needed R and R at your local spa. There’s nothing like a long massage, steamy sauna and sudsy jacuzzi to wash your work worries away.
4. Upgrade Your Electronics
Whether you’re sick of watching shows on a tiny TV or wistfully watching your friends play virtually reality games, you should treat yourself to some sleek new toys.
5. Build Your Hobbies
Everyone has a passion, but not everyone can afford it. Take photography for instance. A good lens can cost over $2,000. Use your tax refund to cultivate your zealous spirit with all the tools you need.
6. Spruce up Your Wardrobe
Fashion styles change almost as fast as technology. Get with the times with some snazzy new threads.
7. Take a Class
Boost your skillset with an educational class. You can learn how to knit, code a website, speak a new language and more. Any kind of self-improvement is muy bien!
8. Develop a Posh Palate
Use your new fortune to try some upscale chow. You only live once, and that $300 prix fixe meal might be the best thing that’ll ever happen to your taste buds.
8. Revamp Your Home
Tax season is around the same time as spring cleaning. So while you’re evicting spiders and dust bunnies, you can also refurbish your personal space. Adorn the walls with fresh wallpaper or brighten up the rooms with bold curtains.
10. Give to Others
As the old saying goes, “To give is better than to receive,” and it’s true. When you get that glorious tax return refund in the mail, you’ll be filled with all kinds of financially frivolous thoughts. And while it’s great to snag coveted goodies, you’ll be rewarded tenfold when you share with someone in need. You don’t have to fork over all of your treasure. Even a small portion can go a long way at your local shelter or charity.
So there you have it. 10 fun ways to spend your tax refund. If you haven’t filed your taxes yet, H & R Block has a bunch of helpful features. You can file online for free, meet with a Tax Pro at a participating H&R Block office and score up to $3,000 with a 0% interest Refund Advance loan. And if that’s not cool enough, you can save even more money with H & R Block’s cash back rate.
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