Shoppers Market: How to best use your tax refund

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Are you expecting a big tax return.

And are you dreaming of spending it on a tropical vacation -- -- new wardrobe.

You might want to think twice about that everybody thinks and a tax refund is free money so when they get it.

They tend to go out and blow it despite their best intentions you learned it you earn this money you may think it's just a free money it's a windfall it's not.

It's money that the government has been holding -- -- coming back to you in the form of cash.

It may not be as glamorous as a week on the beach but think about using your return to pay down your credit card debt.

It would be far more to contribute your long term goals.

A survey conducted by Capital One shows 33% of Americans plan to spend part or all of their tax refund this year -- You're the average was almost 3000 dollars this year -- -- will be almost 3000 dollars that's 250 dollars a month so if you get that every tree fund.

What you should do is marching to your employers personnel office.

Asked them for -- W four form that's the one that tells them how much to withhold fill out that form give -- back to if you claim a couple sweet extra allowances on that form.

Your paycheck will go up next beta we call to do it yourself -- -- Statistics each other a lot of Europe and in using their refund to actually pay down their debt which is a great thing.

But intentions.

Vs what we actually do maybe two different things altogether we intend to pay an hour that -- -- refunds.

We made on -- I mean we take a vacation we may have fun when it.

Use it wisely.

The long term benefits of paying down your credit card debt we'll have a big impact on your future.

Including your ability to get the best rates for auto loans and mortgages -- you are Brenda Buttner Fox News.

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Shoppers Market: How to best use your tax refund

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