According to a new survey, only 21% of people will do something cool with their tax refund this year, like getting themselves something big or going on vacation. The other 79% will be using it responsibly putting it to savings or paying off debt.
Here’s what Americans are claiming they’ll do with their tax return this year:
- 41% will put the money in savings.
- 38% will pay off debt.
- 11% will put the money toward a vacation.
- 5% will treat themselves on something (TV, shoes, etc.).
- 5% will make a major purchase (car, home, etc.).
Be responsible with your money, kids!