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What are the best things to do with tax return money?
Like is it better to pay off some debt, invest, save, or what.
5 Answers
- julieisbestLv 71 decade agoFavorite Answer
Depends on the debt. If you have debt that you are already paying off and managing without a problem, save the money. If you have debt just sitting there that you wouldn't otherwise be able to pay without a windfall, use your tax return for that.
- 1 decade ago
Pay off debt, for sure! If there is any left over, save the rest. It will earn interest in a savings account, and that is more safe t han investing in this unstable economy.
Source(s): Common sense andr esearch Personal experience and opinion Mom of three + one ont he way! - Anonymous1 decade ago
1- pay off some debts.
2- open a savings account for each of your kids and start saving for college.
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