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Home > Tax Refund... what to do with it...

Tax Refund... what to do with it...

February 9th, 2011 at 01:03 pm

So my tax refund hit today, and I'm here trying to decide how I want to split up the $3k. There are bills that I still have yet to pay, so those will obviously go first. Then I'll also be having my car looked at today, so I can solve the check engine light problem. It's also my mom's birthday, and I have no idea what in the world to get her. After that, I need to figure out how much of my debt I want to pay off with it, and how much I want to put into savings.

That will be the hard part. I'm trying to save roughly $4k for trips this year-- including one to Germany. I'm also trying to pay off roughly $5k of my debt this year also. I'm thinking for right now I'll put $1k toward debt and $1k into my savings, then reassess at the end of the month where I stand... because my GI bill is messed up right now and I cant get a hold of the people to fix it... so I'm currently low on funds.

It's so exciting to think that one thousand dollars are going to be paid on my loans. Granted, that's peanuts compared to the whole, but regardless... It still is above and beyond what I get charged in interest every month. If only I could do that every month! lol. It's so frustrating to know that I accumulate $300/month in interest from just the one company. It seems criminal... ah well. Gotta do what I gotta do, I guess.

An article of mine got published at Buildipedia.com yesterday, and turned out rather fabulous. If you guys wanna take a read:

Text is Is Parking Policy Stunting Urban Sustainability? and Link is http://buildipedia.com/go-green/eco-news-and-trends/item/1400-is-parking-policy-stunting-urban-sustainability?
Is Parking Policy Stunting Urban Sustainability?

That's really all I've got for now. Still in relative shock, and needing to get to work! I have a very busy day ahead of me. I hope you all have a good one.

2 Responses to “Tax Refund... what to do with it... ”

  1. Jerry Says:
    1297460010

    Germany is terrific! I lived there for a few years, and I was there last week again. That is a great trip for your refund to lead to... now, what is up with your GI Bill? I just got mine approved, finally, and now I am waiting for the first payment. How long did you have to wait, and are you on direct deposit? I'm totally on pins and needles hoping this comes through quickly, I could use the insurance of some additional income with tough exams coming up. Good luck getting yours squared away!
    Jerry

  2. pjmama Says:
    1298325027

    I did in fact get my GI bill. I called them, and they said it should be sorted within a week. Usually, after verifying attendance, it takes roughly 4-5 days to show up in your bank account through direct deposit. Hope yours worked out!

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