What To Do With Tax Returns

fighting-over-money

Ah, Tax Day. We’ve made it (but just barely).

Now it’s time to figure out how to spend the returns.

Just the other day, Michael and I fought over whether to roll our returns forward in order to cover our upcoming quarterly tax payments, or to invest in a career coaching certification program for moi.

Obviously, the latter choice was my idea and, obviously, he won. That’s the infuriating thing about marriage: Suddenly, you have to start living as a “we” instead of a “me.”

Just for fun, some alternate spending options to consider:

  • throw that money directly into a savings account for future office rental costs, that shiny new invoicing software, etc. That Stanhope Desk isn’t going to pay for itself.
  • pay down all that debt incurred by (totally necessary) startup costs.
  • start planning for your retirement (optimism!).
  • sign up for a class or five; it’s never too late to learn something new.
  • take some vacation days; you work too hard.
  • outsource all the worst of your work.
  • buy something pretty.

How are you spending your tax returns?

Comments

  1. Just wait until kids figure into your tax return. I spent a part on one of the monthly installments of my 22 year old son’s college tuition. I bought new shoes and new clothes for the two boys still living at home. I did manage to buy myself a jacket and the 22 year old daughter a Vera Bradley curling iron case – didn’t know they even existed.

  2. @Nicki: I shudder to think what state my finances will be in when I start having children in a few years. But I suppose it’s a testament to the maternal drive that I still think it will be worth it. 🙂

    Oh, and I just looked up Vera Bradley curling iron cases, as I was unaware that curling irons even required cases! Then again, I’m the type of person who gets her makeup at ShopRite.

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