The average average tax refund is around $3,000 in America according to the IRS. Since saving, or not spending $250 a month is difficult for many, are you OK with such a refund? With basic savings interest rates close to zero, your opportunity cost is pretty small. If we are to compare the average tax refund to the average per capita income in America of $50,000 (~$40,000 tax), $3,000, or roughly 6-7% of income is a pretty meaningful number. Here are some things you can do with your refund: 1. Invest in yourself 2. Invest in your business 3. Pay off your debt (credit card, car loan, student loan, etc) 4. Down payment on a home 5. Save it 6. Make it disappear (buying TVs, furniture, cars, clothes, shoes) 7. Help someone else Keep in mind that a tax refund feels good. Even though a tax refund is rightfully your money in the first place, it feels like we are getting an extra bonus for the year. Do the right thing and save your tax refund or pay down debt you know you shouldn’t have! #taxseason #taxrefund #investinyourself #investinyourbusiness #dontblowit #taxmoney #taxes https://www.instagram.com/p/BtE3BdsHIOd/?utm_source=ig_tumblr_share&igshid=g74zzjkrnvt5