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Heres why pre-committing works, plus, some ideas forhow to pre-commit your own tax refund.
Giving yourselfsome wiggle roomcan make you more likely to stick to your goal.
One is to build an emergency fund.
Ideally, you should have at least three months of living expenses available in a savings account.
Another goal you might want to pre-commit your refund to is paying down debt.
If you have an emergency fund and you dont have debt, pre-commit your refund to investing in yourself.
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