Saving some amount of money is absolutely a great idea, especially if one can really actualize it. There are many ways to save, and there a various guides and tips you may check on the internet. However, most of us don't know what to with the money once we have enough of it. Some of us has this tendency to save some amount and when opportunity knocks we squander it with useless things.
This 2016 we might already have received some extra amount, either through gifts or other forms of it. This year's first quarter in particular is moment for rejoicing, for some individuals might have already received their tax refund. However, if you don't have any inclination for saving, you might want to use the money in a more meaningful way. Taryn Williford shared his piece of advice on you might do with your tax refund:
Making the Most of Your Tax Refund in 2016: Ideas for Saving & Spending
Pay Down Debt
The smartest thing you can do with an unexpected payout is dedicate it to your debt. Take your tax refund and make a payment towards your student loans, car loan or even your mortgage. And if you carry credit card debt, this option should be a no-brainer.
Tackle a Maintenance Project
That thing that's been nagging you? The loud dishwasher or the cracked window? Now's the time to finally deal with it. You tend to sleep on non-essential repairs like these for a while until you have the money, but guess what? You've got the money right now. Read full post...
The ideas given above are in fact not a form of useless spending, it could somehow be interpreted as a form of investment which you may be able to gain something in the near future. Investing on home improvement is a best example of it. If time would come that you will be selling your house, then you will not have a hard time seeking for finances in order to improve your home's appearance before hitting the market.
