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| foxnstocks |
 Posted: Wed Mar 09, 2005 6:47 am Post subject: Getting a large tax refund? |
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Investing Sr. Associate
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| If you are getting a large tax refund and are in debt, why not consider getting extra back in your paycheck, thereby reducing your refund AND apply the extra to those credit card balances. At 14-18%, you're spending a whole lot of cash on interest and getting nothing in return from IRS by allowing them to have your cash. |
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| jeepgirl30 |
| Posted: Thu Mar 10, 2005 4:52 am Post subject: |
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Investing Sr. Associate
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| People who have large debt are generally not very good at putting extra money to the bills. If they have the extra money in their paycheck they may not put it on the bills. I've been there, done that. I'd rather have the large refund and pay a big chunk at once. |
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| alicia gist |
| Posted: Thu Mar 10, 2005 5:08 pm Post subject: |
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Investing Sr. Associate
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| I'm one of those people that aren't good at putting money back. We got a huge refund this year. We take out single and none, but are planning on changing that. I think we'll go single and two. |
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| alicia gist |
| Posted: Sun Mar 13, 2005 5:10 am Post subject: |
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Investing Sr. Associate
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| I guess this is a stupid question, but I don't know the answer..... We currently take out as single and none. If we change to single and 2, how much money will we get in our check each month? |
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| trixiezzz |
| Posted: Fri Mar 25, 2005 6:18 pm Post subject: |
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Investing Manager
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| We have some self employed income so I like a little extra to be taken out because it usually covers the additional income. |
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