How to get the most from your tax refund

So you’ve just met with your accountant and received the exciting news that you’re getting a tax refund. Congratulations! Immediately, ideas start rushing through your mind on how to spend every last dollar. A new TV, bills, credit card debts, a shopping spree, so many options! But are you spending it efficiently and effectively? It’s important to get the most out of your tax refund so you can manage your current financial situation and reach your goals sooner. Let’s take a look at how Australians spent their tax refunds in the 2014/2015 financial year. According to Moneysmart’s website, people spent …