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Title: Tax Day!!!! Post by: twodavez on April 17, 2012, 02:17:41 PM Happy Tax Day!
Hope everyone is already filed or has their return ready to put in the mail today! And just remember, if you're getting a refund (especially if it's large >$1,000), you've overpaid and given the government a interest free loan all year long. Do yourself a favor and talk it over with your tax guy/gal and get your W-4 updated so you're not getting as much of a refund and get to use your money throughout the year, instead of just just April. Good luck everyone! Title: Re: Tax Day!!!! Post by: Cyphis on April 20, 2012, 07:54:40 PM Yeah well, the government needs all the help they can get. But I like getting back a big refund. Vacation money.!!
Title: Re: Tax Day!!!! Post by: twodavez on April 20, 2012, 08:03:19 PM Yeah, but you're vacation money is being borrowed by the government and they're not paying you for it. At least with a savings account, you'd get some kind of interest rate. They do make Vacation Club type programs at banks where you can make deposits through-out the year and then they'll cut you a check around vacation time to use... It's the same thing, but you have access to that money through out the year if you have an emergency, and you're earning a little (i mean very little) interest. ;D
Happy Vacationing! |