What to Do with that Tax Refund?

It’s the middle of tax season, and many people are looking forward to getting back a good chunk of change from the federal government. If you’ve kept good records and noted each amount that was taken out of your paychecks, then you have a pretty good idea of what your tax refund will be this year. It might be larger than other years, or it could be smaller, but no matter the amount, it’s important to know what you’re going to do with that money. Some people have grand plans for vacations or some new gadget or toy, while others have ideas of how they will invest their refund. At rebel Financial in Columbus, we are more than ready to help you with investment advice and financial planning.

One smart way to use your refund is to buy more shares in a stock that you’ve seen be favorable in the past, and that we foresee remaining that way in the future. You may also want to make a contribution to your retirement fund, or consider new mutual funds. If you still have young ones at home, we’ll gladly discuss college saving plans and other options for their education. Finally, putting some of that money into home improvements will increase the value of your home and help you prepare for when you’re ready to sell.

If you’re preparing for a generous tax refund this year, let rebel Financial help you make the most of your money. We’re always happy to explore new investments for you, and help make the money you’ve worked hard for work even harder for you.


Post by Phil Ratcliff

Phil Ratcliff, President of rebel Financial, is a senior financial advisor that holds an AIF®, CFP®, ChFC®, and CLU® certifications. He started his career at American Express Financial Advisors in 2003, then moved to AXA Advisors for 7 years before founding rebel Financial LLC in 2013.