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  • 02-03-2009, 06:46 AM
    Gloryhound
    Re: What do you plan on spending your tax refund on ?
    Personal IRA for half. Other half will go into savings until I see a good indicator on a stock and decide to buy. (It could be in savings for quite a while.)
  • 02-03-2009, 07:58 AM
    rabernet
    Re: What do you plan on spending your tax refund on ?
    I tell you what, being single with no dependents doesn't lend itself to much of a refund after it's all said and done.

    I had planned to buy a small laptop - until I saw just how little I'm getting back. I guess the bright side is that I'm not overpaying Uncle Sam by much.

    Have I mentioned how much I want The Fair Tax lately?
  • 02-03-2009, 08:20 AM
    Ladydragon
    Re: What do you plan on spending your tax refund on ?
    bills first, invest some.. and then the rest is for playing with.. not sure, probably a rack system or two.. then a snake or two. :D at least thats the plan.. we'll see what life decides for me
  • 02-03-2009, 08:40 AM
    Wh00h0069
    Re: What do you plan on spending your tax refund on ?
    Bills :rolleyes:
  • 02-03-2009, 10:09 AM
    Shadera
    Re: What do you plan on spending your tax refund on ?
    Quote:

    Originally Posted by rabernet View Post
    I tell you what, being single with no dependents doesn't lend itself to much of a refund after it's all said and done.

    I had planned to buy a small laptop - until I saw just how little I'm getting back. I guess the bright side is that I'm not overpaying Uncle Sam by much.

    Have I mentioned how much I want The Fair Tax lately?

    Amen. We pay more in taxes than most people make in a year and usually still end up owing. I guess I need to pop out a few kids for the tax break. :rolleyes:
  • 02-03-2009, 10:32 AM
    Luke Martin
    Re: What do you plan on spending your tax refund on ?
    I was expecting a few thousand but when I got them done the lady tells me I got $107 back...I was rather livid lol

    But LUCKILY I bought my first house in May so I got the first time homebuyers credit of $7500! So I'm paying off furniture and fixing my fence and maybe have enough for the roof to be fixed too (from Gustav since I got screwed by insurance) Probably going to try and save as much as I can since I got laid off last Monday. Trying to control the urge to buy more snakes...
  • 02-03-2009, 10:39 AM
    Freakie_frog
    Re: What do you plan on spending your tax refund on ?
    Quote:

    Originally Posted by Gloryhound View Post
    Personal IRA for half. Other half will go into savings until I see a good indicator on a stock and decide to buy. (It could be in savings for quite a while.)

    Stick with a "No load" mutual fund that is moderate to aggressive growth that makes 12% +/- put your dividends on DRIP (dividends reinvestment program)

    Example if you invest $1000.00 at 12% then the next year you'll be earning 12% on $1120.00 and it just keeps compounding over the investment period. :salute:
  • 02-03-2009, 10:46 AM
    Drew87
    Re: What do you plan on spending your tax refund on ?
    Quote:

    Originally Posted by sg1trogdor View Post
    Credit card. Then when all my cards are paid of in a few months then another vision rack......and stuff to fill it with. :D Than back to paying off the cards. Well card cut all but one up.

    Right with you. Pay them off haha, run them up pay them off. :D:rolleye2::rolleye2::rolleye2:
  • 02-03-2009, 10:48 AM
    Beardedragon
    Re: What do you plan on spending your tax refund on ?
    Getting a new cellphone ( With a two year contract) and the rest im saving back.
  • 02-03-2009, 10:49 AM
    Freakie_frog
    Re: What do you plan on spending your tax refund on ?
    With mine I am putting it back for Daytona. :D
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