Perspective: Get a tax refund every year? You shouldn’t.
By Michelle Singletary Michelle Singletary Personal finance columnist Email Bio Follow Columnist April 5, 2018 So many people look forward to getting a a tax refund year after year.
if there’s no change in your tax situation. Read the following articles on why a getting a refund isn’t the best financial move. But I concede that no matter how much we preach that getting a refund isn’t great, it’s not totally bad either. It can force you to save. A survey this year by Bankrate.com found that many people plan to use their refund to build an emergency fund or pay down debt. Twenty-seven percent of Americans said they will get rid of some debt and 34 percent said they plan to save or invest their refund.
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