Top 10 Dumbest Things You Can Do With Your Tax Refund

1. Pay for a refund anticipation loan – Pay hundreds of dollars to get your refund faster? Hmmm. You may as well pay the Government to cash out your retirement fund while you’re at it?
2. Buy lottery tickets – Instead just give it to me. I’ll give you 30% back, while making you believe there is a chance you could win big.
3. Waste it on a new car – New cars lose value as soon as you drive them off the lot…duh!
4. NOT use it to pay down/off your debt – Continuing to pay interest on your debt while you waste it away on something meaningless is quite frankly immature.
5. Have it prepared by H&R Block –
6. Loan it to your broke relative – Just give it to them because chances are you will never see it again.
7. Ignore the fact that you have ZERO dollars in your emergency fund – Hint: unemployment, medical emergencies, a bad economy, and that little thing called life will happen. It’s just a matter of when.
8. Buy something that you think will impress your friends – The Joneses are not going to help you when your life comes crashing down. They will probably laugh at you though.
9. Blow it all by throwing a party – Perhaps the most fun way, but definitely the dumbest if you have not prepared for your future.
10. Drive down the interstate throwing it out the window $100 at a time – Believe it or not, a lot of people do this — I certainly used to!