Quick Tip: Use your tax refund wisely

ByJason Knowles and Ann Pistone WLS logo
Monday, April 15, 2019
Quick Tip: Use your tax refund wisely
Quick Tip: Use your tax refund wisely

Expecting a tax refund this spring? You're one of the lucky ones.

Before using that refund for a splurge, consider setting yourself up for future financial success instead.

Investment advisers at Charles Schwab suggests using the money to:

  • Pay down your debt, especially high-interest credit cards and loans
  • Build an emergency fund, enough to cover 3 to 6 months of living expenses
  • Max out your retirement accounts
  • These moves will help secure your financial future.