Roughly seven out of 10 U.S. filers will receive a tax refund, with the average amount reaching around $2,800, according to the most recent IRS data. That’s a significant amount of money that can be put toward a variety of financial goals. If you are one of the millions of Americans expecting a tax refund this year, you might be wondering how to spend it.
Although it’s tempting to blow it all on a trip to the mall or on a night out on the town, your tax refund is an opportunity to do something smart with your money. The following are nine brilliant ways you can spend your refund.