Family on RollercoasterIf you’re lucky enough to be getting a tax refund this year, careful planning could help you do a lot.

Reduce debt
Make a credit card payment, more than the usual monthly payment.
Pay off part of a student loan.

Pay bills
Pay part of your property tax bill.
Ante up for school supplies and wardrobes.

Boost long-term savings
Contribute now to your IRA (individual retirement account) if you have earned income; don’t wait until the tax-filing deadline.
If you don’t immediately need the money, earn more interest with a certificate of deposit; Ascentra Credit Union occasionally offers specials on CD rates for 36, 48 and 60 month terms.

Have fun
Enjoy a long weekend at a restful site.
Enroll in a class to learn a skill you’ve been curious about.

Do good/make improvements
Donate to a good cause; get a receipt so you can take the charitable deduction if you itemize deductions on your tax return.
Improve your home with fresh paint in a neglected room.

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