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tax time alarm clock

Source: pagadesign / Getty

 

A poll of an undisclosed number of U.S. adults expressed how they’ll spend their tax return money they receive this year (respondents were able to choose multiple options):

Here’s what people said they typically spend their tax refund on:

— 46% – I put it in my savings

— 35% – I spend it on something practical

— 31% – I use my refund to pay off debt

— 17% – I splurge on something for myself

— 11% – I splurge on something for my family or friends

— 6% – other

Lightswitch and money

Source: Nick M Do / Getty

Here’s what people said was the fun thing they’d like to spend their tax refund on:

— 35% – vacation for me and my family

— 17%- none

— 15% – a new electronic device

— 11% – other

— 7% – a new car

— 6% – a surprise gift for a family member or friend

— 5% – a new outfit or accessory

— 4% – sports or concert tickets

US Tax Day

Source: Yiming Chen / Getty

AV’S SAY WHAT TOPIC:HOW AMERICANS ARE SPENDING THEIR TAX REFUNDS! was originally published on theyolandaadamsmorningshow.com

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