If you’re one of the 80% of taxpayers who will be receiving a tax refund this year, chances are you’re debating what to do with the money (you can find out when you should expect to receive your tax refund).
Wondering what to do with your tax refund? Use your tax refund to create an emergency fund, pay debt, or save for retirement. Maybe even go on vacation!
The money is sometimes already spent, but if you don't have set plans, let's look at what to do with tax refund once you get it. What to do with tax refund will depend on your financial situation.
Every year, Canadians need to decided what they do with their tax refund. Most spend it but this may be a good time to do something fiscally responsible.
How will you spend your tax refund? Perhaps you can split your tax refund in a way that satisfies your responsible side and your fun-loving side at the same time.