Spend your tax refund wisely...

Pay  Down Debt

 Your tax refund is a great opportunity to get ahead. Allocate what you can now to pay down your debt, and you’ll save each  month with lower payments. The average credit card charges are greater than15%  interest. Investing $500 now to pay down your debt can save you over $1,000 over  5 years.

Saving  Towards A Goal

Use your refund to catch up or get ahead on your  savings plan. If you don’t have a long-term savings goal, start one today! Don’t  be surprised the next time a large bill arrives, set some goals to save and  cover these large but predictable  expenses.

Take Your Business To The Next Level

 Have you been looking for seed money to take your  business to the next level? Do you have a venture that you want to start? You  can use your refund to get you moving in the right direction. It’s a great  opportunity to turn your refund into income for years to come, and get a few  more small business tax deductions next year
too.

Refinance Your Mortgage 

Mortgage rates are at the lowest levels they have  ever been. Refinancing your mortgage will involve some costs. Use your refund to  cover these additional fees and you could save thousands of dollars each year on  mortgage interest.

Make  Home Improvements

If you’re satisfied with your current mortgage, take a look around your home. Do you need a new roof? Is your kitchen outdated? Could new energy-efficient appliances save you money on utility bills? Home improvement projects can immediately increase the value of your property and make your home more comfortable at the same time.

Didn't get a tax refund?
Put some monthly savings measures in place for this financial year so that you're not stung at the end of the year!