The Truth about Tax Refunds

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.6 • 1.7K Ratings

🗓️ 7 April 2022

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

We know you probably love getting your tax refund, but news flash: you shouldn’t. Today, Nicole explains. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	It's April Money Rehabers and you know what that means.
0:03.9	It's tax season, baby!
0:05.9	If you listen to my episode on important financial deadlines this year, and that's episode 246,
0:11.7	by the way, you'll know that most Americans are looking at an April 18th due date for filing taxes.
0:18.3	And if you listen to that episode, you'll also know that you should be working on filing your taxes
0:24.8	like right now. But if you're struggling with all the paperwork, I get it.
0:28.7	I will have some tips for you in the upcoming episodes.
0:31.7	But today, a reality check.
0:34.0	I know the silver lining of taxes might be that you get some money back.
0:38.9	And what a great silver lining that is.
0:41.8	We all like getting checks in the mail, right?
0:44.3	But here's where the reality check comes in.
0:47.5	That's not free money you're getting in the mail.
0:51.2	This was always your money. Now it's just coming back to you.
0:55.5	I've been getting a few questions to the money rehab email about this.
0:59.2	By the way, that's money rehab at knucklelappin.com.
1:02.1	Questions like WTF is the point of tax returns and tax refunds anyway.
1:07.0	Well, I have some good news for you.
1:08.8	We actually did an episode about this.
1:10.8	Episode 114 titled for your convenience.
1:14.6	How to get your tax refund.
1:17.6	And why you shouldn't want one.
	...

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