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D3A
D3A asked in Entertainment & MusicPolls & Surveys · 1 decade ago

What should I do with my tax return.?

This year I will get about $10,000 back on my taxes. I'm unsure what I should do with it. What do you suggest?

I have about $6,000 in credit card debt, and owe $17,000 on my car, and owe $205,000 on my house.

Would you make a large house payment, large car payment, pay off the credit card debt, stash it away in savings? Honestly, what would you do?

I have so many options but don't want to make a decision quickly, and I'm not sure what to do with the money. Thanks everyone!

4 Answers

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  • No
    Lv 7
    1 decade ago
    Favorite Answer

    Pay off the credit card debt. Those things can get you in trouble. Then, with the $4,000 you have left, I would put it into a high-interest yielding CD. These days, it's always good to have some savings stashed away.

  • eptxldy
    Lv 4
    1 decade ago

    Pay off the high interest stuff 1st.....1) credit cards and 2) car loan principal payment. I'd also put a couple of thousand in savings.

  • Name
    Lv 6
    1 decade ago

    credit card debt. seems to be the easiest to get out of.

  • Anonymous
    1 decade ago

    sign it over to me- I will take it of it for you.

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