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Smart Ways to Spend Your Income Tax Refund

You’ve filed your taxes (or you’re planning to very soon) and you’re expecting an income tax refund. To some, this perceived windfall can be a sign to go on a spending binge. According to Canada Revenue Agency, the average income tax refund for the 2018 tax year to date is $1,735 – about the cost of an all-inclusive vacation for one in the sunny south, a few nice dinners out, or a very decent shopping spree. If you’re getting an income tax return, that means you’ve overpaid taxes and you’re simply getting some of that back. Stop treating your tax refund as “extra” cash. Here
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