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Old 02-10-2015, 11:21 AM  
El Jefe El Jefe is offline
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What are you going to do with your tax return money?

Inb4 taxreturnsareforthosewhodontknowhowtoinvest.
inb4Ialwaysendupoweing
inb4youareanidiotifyougetmoneyback

Anyways, for those of us who are getting money back, what are your plans for it? I fortunately am going to be getting almost all the money I spent out of pocket finishing my BBA last year, roughly 2500. I am going to take $500 and put it into my portfolio (small, but growing), take another $500 and put into my rainy day fund. I think I will take $1000 and pay down some bills we have (couple medical bills and pay some towards my wife's school loan). I will probably use $150.00 of the leftover to take my wife to Texas De Brazil (freaking love that place), I also need to replace my windshield in my civic which got cracked this winter, I will probably buy a couple books and a couple DVD's. I also need to buy some points for my 53 Ford Jubilee, and I would like to buy a Fiskars X27 axe, because I have a 40 foot ash tree cut down and sectioned, but not split. Plenty of others things to consider as well.

What about you guys?

Last edited by El Jefe; 02-10-2015 at 11:25 AM.. Reason: I meant 2500 not 250k
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Old 02-10-2015, 11:37 AM   #31
Frosty Frosty is offline
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Quote:
Originally Posted by El Jefe View Post
Oh, ok, I gotcha. You pay your kids tuition? Dag gone, I have never heard of anyone doing that. My parents pretty much told me, be sure of what you want to do, because you are taking a loan out on your future. Similar sentiments were given to my wife when she got her BSN.
Not all of it. However, underclassmen are severely limited on how much they can borrow on student loans ($5000 the first year, iirc). So we didn't have much choice.

If my youngest gets into Stanford or one of the Ivy League schools he applied to, we will only have to pay room and board because we are poor.
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Old 02-10-2015, 11:37 AM   #32
WhiteWhale WhiteWhale is offline
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I'm self employed.

I won't be getting a return. I'll be getting a bill.
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Old 02-10-2015, 11:37 AM   #33
Coochie liquor Coochie liquor is offline
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Got it, paid off a bunch of bills, did a few improvements on the house. Now I'm broke but my bills are all caught up so. Hell yeah!!
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Old 02-10-2015, 11:39 AM   #34
El Jefe El Jefe is offline
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Quote:
Originally Posted by Dicky McElephant View Post
It's a private school that covers K-8. She's currently in 2nd grade and it comes out to about $4500k a year. We're ****ed at the end of this year because our twins will be going into kindergarten. If the wife has a good enough job....we'll keep all three in there. If not....it'll be public school time.
Twins? God bless your soul. I hope something shakes out for you to be able to send your kids on whatever educational avenue you feel best
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Old 02-10-2015, 11:39 AM   #35
Eleazar Eleazar is offline
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Old 02-10-2015, 11:41 AM   #36
InChiefsHeaven InChiefsHeaven is offline
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Booze. Many bottles of stuff I've never tried, or top shelf stuff that I wouldn't normally buy. It's become an annual tradition with me.

Paying off some bills, taking the wife out.

Thats about it.
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Old 02-10-2015, 11:41 AM   #37
El Jefe El Jefe is offline
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Quote:
Originally Posted by Coochie liquor View Post
Got it, paid off a bunch of bills, did a few improvements on the house. Now I'm broke but my bills are all caught up so. Hell yeah!!
Freaking right! I love that kind. I love getting back in front of bills, it feels good for the month it usually lasts lol.
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Old 02-10-2015, 11:42 AM   #38
Frosty Frosty is offline
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Quote:
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Yep. I will be honest, I think it made me take my education much more seriously and really made me value it more. Of course, I would love not to have the debt, but I will use the same methodology for my children when the time comes.
I paid for my own, too, which is why it took 12 years to finish.

They already know that if they **** around and lose their scholarships, we aren't paying any more and they are on their own.
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Old 02-10-2015, 11:42 AM   #39
Ace Gunner Ace Gunner is offline
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6 days in Miami to hang with friends, do some biz and party life, 6 days at the Waldorf-keys to r/r, hit up barefoot billy's rental toys and me-time.
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Old 02-10-2015, 11:42 AM   #40
notorious notorious is online now
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I'm self employed.

I won't be getting a return. I'll be getting a bill.
Don't be sad. You got to keep your own money for longer.


Besides, if you are paying in, that means you probably made more than predicted!
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Old 02-10-2015, 11:48 AM   #41
dj56dt58 dj56dt58 is offline
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I owe in..fortunately it looks like i'll be making good money by being a hooker and providing blow.
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Old 02-10-2015, 11:48 AM   #42
BucEyedPea BucEyedPea is offline
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Originally Posted by WhiteWhale View Post
I'm self employed.

I won't be getting a return. I'll be getting a bill.
Ah, hah, hah, hah. I am too but owe nothing this year. Got a little back last year. I estimated correctly!
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Old 02-10-2015, 11:48 AM   #43
Old Dog Old Dog is offline
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We're getting back $25, so not a whole lot. I'm more than happy with this though. We didn't let them hold much of our money but I still didn't have to pay them even more.
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Old 02-10-2015, 11:52 AM   #44
Buehler445 Buehler445 is offline
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Old 02-10-2015, 11:52 AM   #45
Rain Man Rain Man is offline
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Quote:
Originally Posted by Dicky McElephant View Post
It's a private school that covers K-8. She's currently in 2nd grade and it comes out to about $4500k a year. We're ****ed at the end of this year because our twins will be going into kindergarten. If the wife has a good enough job....we'll keep all three in there. If not....it'll be public school time.

You can cut your price in half by sending a different twin to school every other day and then having them teach each other in their secret twin language.
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