Archives for February 2011

Tax Refunds Are Bad for You

As usual at this time of the year I am once again hearing folks talk about what they are going to do with their tax refund. No matter how many tax and financial advisers suggest that it is not good planning to be getting a big tax refund, everyone seems to love it.

Why? Because of what they can buy with it. In these economic times I expect to hear people talk about saving or paying off bills with the refund, but instead they are talking about…

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