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2018 Tax Refund Splurge Guide

2018 Tax Refund Splurge Guide

Tax season is upon us, and that means tax refunds are coming! Whether it's time for your little one to move up to a big-girl bed, you're upgrading to a larger dining set so you can host more guests, or you're investing in a luxurious power reclining sectional that everyone can enjoy, check out how far your tax refund will take you at AFW.

Top 5 Ways Americans Plan to Spend their Tax Refund

  1. Pay off debt — Twenty-seven percent of respondents said that they would use their tax refund to pay off debt like loans or credit card debt.
  2. Savings — Of the people surveyed, twenty-five percent of people are going to put their tax refund in savings.
  3. Put the money towards a vacation — Nine percent of respondents said that they would put their tax refund towards a vacation.
  4. Make a major purchase — Five percent of respondents said that they would use their tax refund to make a major purchase like a car or a home.
  5. Splurge on a purchase — Four percent of people surveyed said that they would use their tax refund to splurge on a purchase like a TV or shoes.

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