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Thats extra money that you could have kept in your wallet or put to better use throughout the year.
However, many people treat their refund like free money and make choices they later regret.
Here are three of the worstthings people do with their tax refund, according to tax experts.
This can be anything from designer clothes to expensive gadgets.
Allec explained this is not an appropriate way to think about tax refunds.
This difference is their tax refund.
But if you cant afford the car, its not a good idea.
Review your credit card debt and give a shot to pay off the balances with the highest interest rates.
Adams also recommended investing in your retirement and education.
What you should do with your tax return also depends on your budget.
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