Wednesday, April 18, 2007

Are You Expecting A Refund?

It’s that time of year again. Are you one of the lucky ones that are expecting a refund this year? What will you do with all that extra money?

Most people that get a refund from their income taxes spend it right away with out thinking about how far it can actually go. Using your refund wisely this year could even save you thousands of dollars in the future.

If you were to take that refund and put it to your mortgage payment and it was equal to one additional payment per year, you could easily shave off several years of your mortgage. By apply one single additional payment per year to your principle, you can cut your mortgage down by three to five years. By doing this, you can save several thousands, even hundreds of thousands of dollars in the long run by paying just one additional mortgage payment a year.

If you have a credit card that is burning a hole in your pocket, take your refund and pay it towards this card. Who knows, you might even be able to pay it off with your refund. By doing this, you can save several dollars in interest charges.

You do need to do something for yourself. Take A LITTLE and spend it on yourself. You don’t need to go to the Bahamas or to Cancun. Treat yourself to a movie or dinner at a nice restaurant. There is no need to go crazy.

You say you’ve been wanting a new car? Don’t fall into the “Lease Trap” If a new car is still out of reach, don’t panic. Since more than 60% of our trips are within 5 miles of our residents, why not think about an alternative form of transportation. You don’t need to spend all that money on a car right now, do you? Think outside the box and with your tax refund, you can get yourself some reliable transportation that won’t break the bank.

Electric scooters are gaining popularity. They are not just for kids anymore, more and more adults are seeing the benefits of having electric scooters. Scooters are perfect for those short trips to the local grocery. Electric scooters are quiet, good for the environment and easy to maintain.

Electric scooters are not just for kids. In days past, a kids electric scooter was all the rage. Everyone had them, but you would not see adults on them much. Today, adults are buying them for themselves and their parents as well as their kids. You can find people of all ages riding their scooters to work, school, or just tooling around the neighborhoods.

Today’s scooters are perfect for those short trips. Electric scooters these days can go as far 10-25, even up to 30 miles on a single charge. So for those short trips, you don’t have to worry about running out of juice until you get back.

Whatever you decide to do with your tax return, make sure it does not put you further in the hole or is not spent on something that won’t benefit you in the long run.
It’s that time of year again. Are you one of the lucky ones that are expecting a refund this year? What will you do with all that extra money?

Most people that get a refund from their income taxes spend it right away with out thinking about how far it can actually go. Using your refund wisely this year could even save you thousands of dollars in the future.

If you were to take that refund and put it to your mortgage payment and it was equal to one additional payment per year, you could easily shave off several years of your mortgage. By apply one single additional payment per year to your principle, you can cut your mortgage down by three to five years. By doing this, you can save several thousands, even hundreds of thousands of dollars in the long run by paying just one additional mortgage payment a year.

If you have a credit card that is burning a hole in your pocket, take your refund and pay it towards this card. Who knows, you might even be able to pay it off with your refund. By doing this, you can save several dollars in interest charges.

You do need to do something for yourself. Take A LITTLE and spend it on yourself. You don’t need to go to the Bahamas or to Cancun. Treat yourself to a movie or dinner at a nice restaurant. There is no need to go crazy.

You say you’ve been wanting a new car? Don’t fall into the “Lease Trap” If a new car is still out of reach, don’t panic. Since more than 60% of our trips are within 5 miles of our residents, why not think about an alternative form of transportation. You don’t need to spend all that money on a car right now, do you? Think outside the box and with your tax refund, you can get yourself some reliable transportation that won’t break the bank.

Electric scooters are gaining popularity. They are not just for kids anymore, more and more adults are seeing the benefits of having electric scooters. Scooters are perfect for those short trips to the local grocery. Electric scooters are quiet, good for the environment and easy to maintain.

Electric scooters are not just for kids. In days past, a kids electric scooter was all the rage. Everyone had them, but you would not see adults on them much. Today, adults are buying them for themselves and their parents as well as their kids. You can find people of all ages riding their scooters to work, school, or just tooling around the neighborhoods.

Today’s scooters are perfect for those short trips. Electric scooters these days can go as far 10-25, even up to 30 miles on a single charge. So for those short trips, you don’t have to worry about running out of juice until you get back.

Whatever you decide to do with your tax return, make sure it does not put you further in the hole or is not spent on something that won’t benefit you in the long run.