In celebration of America Saves Week, February 25-March 2, here are a few tips from americansaves.org to make the most out of your tax refund:

  • It is not extra: most of it is the hard-earned money that you worked throughout the year
    • Come up with a plan for your refund. Decide how this money will help you to establish or maintain financial stability
  • Use your refund to pay down/off credit card debt
    • By getting rid of past debt or high-interest credit card debt, you can focus on your future financial goals
  • Use your refund to invest in your future
    • Plan for retirement: consider contributing to an Individual Retirement Account (IRA) or 401K. Once established, set up automatic payments from your paycheck
    • Establish a 529 savings plan to save for your child's education

America Saves established America Saves Week as an annual, national campaign for organizations and others to have a hyper-focused lens on promoting healthy financial behaviors. To learn more about #ASW19, please follow on Twitter @AmericaSaves and visit americasaves.org

To sign-up for America Saves Week, Click Here