Don’t Lend Your Money to the Government

A tax refund is not a windfall ̶ it’s actually your own money coming back to you because there was too much tax deducted from your paycheque. You are giving the government an interest-free loan. Why not make that money work harder for you, instead?

You can arrange for your employer to deduct less and this will increase your take – home pay. Then, take that extra cash and get busy with it.

Work with your Financial Advisor to develop a smart investing plan. One that provides rewarding returns over the next year and also tackles your next tax bill.

Some people have trouble saving money. They find that their tax refund is the only way they can build up a nest egg. If that’s your choice, then get ready to invest the money as soon as it arrives. This kind of discipline is the key to creating wealth.