The good news is you are hopefully done with submitting your taxes for the year. The better news? Many of us have tax refunds coming our way from the IRS. Last year, the average tax refund from the Internal Revenue Service was $3,120. That’s quite a bit of change.
Tax refunds often feel like a windfall, which can make it tempting to take the whole thing and splurge on something nice for yourself. But before you buy that brand new Macbook, consider using your refund instead to bolster your personal balance sheet. Keeping your financial health in mind, we asked four of the top-rated personal finance bloggers to share some smart uses for your tax refund.