The Six Ways People Will Use Their Tax Refund

April 15, 2015

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It seems a little cruel to talk about tax refunds here on tax day, when some people have to write MASSIVE checks to the government . . . but whatever.  They won’t be able to hear us over the sound of their tears anyway.


The average tax refund this year is $2,815, and a new survey asked people what they plan on doing with it.  Here are the top six answers . . .



1.  33% will spend it on a vacation.


2.  32% will put it into savings.


3.  31% will pay off debt.


4.  2% will put it towards buying a home.


5.  1% will go on a shopping spree.


6.  And 1% will buy something for their kids.




(PR Newswire)