Don’t blow your tax refund! Four ways to invest it wisely
Many Americans seem to be addicted to income tax refunds, even though financial planners often advise having less tax withheld from your pay throughout the year as the better way to manage your cash flow. Nearly two-thirds of taxpayers — more than 111 million Americans — received a refund from the Internal Revenue Service last year. The average tax refund windfall was $2,869.
Some taxpayers…