Category Archives: Taxes

Why the Ideal Tax Return is Nothing

For many young people, getting a big tax return is like Christmas in the Spring- a windfall you can use to pay off debt, invest, or throw at a big-ticket item. A lot of people treat it like found money, or a fun, beginning of the year bonus. Except it’s not. When the IRS gives you a solid chunk of change (and the average tax refund is about $2,800), what they’re really giving you is your money, back, after an entire year of using it interest free.