What to do with Your Tax Refund! #006
How to Money
iHeartPodcasts
4.6 • 3.2K Ratings
🗓️ 14 February 2018
⏱️ 47 minutes
🧾️ Download transcript
Summary
We spend this entire episode covering what you should do with your tax refund! First of all, you shouldn't be receiving a big refund when April 15th rolls around- if you are, talk to HR and have your tax withholding decreased so the IRS is taking a smaller bite out of your paycheck. We would rather see you proactively do something with that money on a regular basis as opposed to waiting on that 'windfall' once a year. So do that first. Next, here are the top 5 things you need to be doing with your tax refund:
Pay off high interest debt - any debt with an interest rate approaching double digits, or higher, wipe it out.Emergency fund - at least have $1000 for an emergency fund, preferably 3-6 months of living expenses.Invest it - put that money to work whether it be in a 401k, real estate, or small business!Give it to charity - be generous. Check out Give.org and become a better giver.Treat yo self - but avoid those pony expenses.And at the beginning of this episode we popped open a barrel aged saison- Joie by Westbrook Brewing which you can find and learn all about on Untappd. If you enjoyed this episode, be sure to subscribe and review us in iTunes, Stitcher, or wherever you get your podcasts!
For specific links and additional information about this episode, head over to our site: HowToMoney.com . Best friends out!
Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | So, there is a ton of stuff they don't want you to know. |
| 0:06.1 | Yeah, like does the US government really have alien technology? |
| 0:09.5 | Or what about the future of AI? |
| 0:11.4 | What happens when computers actually learn to think? |
| 0:14.3 | Could there be a serial killer in your town? |
| 0:17.2 | From UFOs to psychic powers and government cover-ups, from unsolved crimes to the bleeding |
| 0:22.3 | edge of science, history is riddled with unexplained events. |
| 0:26.2 | Listen to stuff they don't want you to know on the iHeart Radio app Apple Podcasts or |
| 0:30.4 | wherever you find your favorite shows. |
| 0:37.6 | Check out the Your Financial Maven Podcast where we need to change the way we think about |
| 0:41.9 | money, our understanding of it, and the effects. |
| 0:44.9 | I'm Samantha Mitman-Besnov, CPA, and I have spent over 25 years in the accounting field. |
| 0:50.2 | The Your Financial Maven Podcast will touch on things like saving and budgeting and really |
| 0:54.8 | anything around money to help you feel financially empowered. |
| 0:58.4 | Listen to the Your Financial Maven Podcast on the iHeart Radio app Apple Podcasts or wherever |
| 1:03.7 | you get your podcasts. |
| 1:05.9 | Hey, it's Joel. |
| 1:08.1 | And Matt. |
| 1:09.1 | And if you're like us, you're probably staying up way too late, asking questions like, |
| 1:12.7 | how can I hate my taxes less? |
| 1:14.2 | Or, did my recent medical bill really have to cost that much? |
| 1:17.9 | Well, look, you can go to bed at a normal time because Freakinomics Radio, one of our |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from iHeartPodcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of iHeartPodcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.