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Stop blowing your tax refund

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  • Stop blowing your tax refund

    Every January lower and middle-class citizens are all abuzz anticipating their tax refunds. They almost always use the money on something that won't better their lives or provide any financial freedom in the future. In this article, we are going to give you some good ideas that could put you on the path to living a life where you don't have to look forward to a tax refund every year.

    Let's get started!!!

    1. Pay off debt. The best way to start building wealth is by paying off your debt. Forget about coming up with clever ideas for a new business until you have rid yourself of ALL debts.

    2. Start an online store. You don't need much money to start an online store but you will need money to advertise for your store to get traffic to it and you'll need merchandise. All of which can be purchased with your tax refund. Click here to sign up for a Shopify store

    3. Invest in the stock market. There are countless resources online that can teach you the basics of investing in the stock market including this site. A few thousand dollars invested in the stock market is a great way to start on your way to financial freedom. Click here to sign up for an Ally Invest brokerage account.

    Poor and middle-class people always look for things to buy when they receive any amount of money. They never think about making an investment of any kind.

    Remember, assets put money in your pocket and liabilities take money out of your pocket.
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  • #2
    I haven't gotten a tax refund in 20 years...HA

    Comment


    • #3
      Originally posted by StoneF View Post
      I haven't gotten a tax refund in 20 years...HA
      i was gonna say the same thing

      Comment


      • #4
        Originally posted by StoneF View Post
        I haven't gotten a tax refund in 20 years...HA
        care to explain

        Comment


        • #5
          Originally posted by Craig Lewis View Post

          care to explain
          Business owners and traders have to pay money to the government at tax time if they turn a profit

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