This year I am getting around 2,700 back in my refund and this is how I am going to spend it:
- Extra $1,000 payment to student loans
- Extra $1,000 to "emergency fund" savings
- $700 into my fun savings-- where I am saving for a vacation at the end of the year
If you don't do something fun with a portion, it can be hard in my experience to motivate myself to do something "responsible" with the rest.
Hope this helps you figure your refund plan out!!
