In a recent TurboTax poll, 42.1 percent of taxpayers said they put their 2011 tax refund into savings, while 41.9 percent used it to pay down debt.
“A lot of people get this big check in April, and they go and spend it all without giving it a lot of thought first,” said Sandy Pierce, vice president of Parker Carlson & Johnson Inc. — a Dayton-based investment management firm that provides wealth management services to help clients meet long-term financial goals — and a CPA and CFT.
Would you rather splurge, or save your tax refund this year? Consider these ideas for spending or investing from local experts first.
Contact this reporter at (937) 225-2122 or Jacqueline.Boyle@coxinc.com.
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