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What to do with your tax return?

I know doing your taxes is a pain, but I'm ravaged by the tax man all year long so I generally end up with some cash back every year and naturally my scheming twisted mind tries to find a use for it. If I don't get the damned money out of the bank, the wife may decide to redecorate (again). Last year I was busy with work and the kids, took my eye of the ball, and she gutted and replaced the entire kitchen. No thought to include a fine audio system in the kitchen either. I was devastated. No, my return wasn't anywhere near enough. Lesson learned. Past years I've bought amplifiers, speakers, etc..varies depending on what my "perceived need" is at the time and how much of my own money the government is willing to share with me. If you are one of the lucky ones and anticipate a refund this year, do you plan to spend some or all of it on audio gear and/or music? I'll kick this off by pre-spending some of my money (the rest goes to paying off the kitchen). I'm real happy with my system as is, but feel an unnatural need to invest in interconnect and power conditioners. And records, I crave more vinyl. Big, heavy, 180g slabs of vinyl, gotta have it! Happy listening, Jeff
jeffloistarca
chaskelljr2001's avatar
chaskelljr2001
476 posts
 
Well "GEE-WIZ". If I decide to get Uncle Sam to take out more money from my paycheck this year in an effort to get me a bigger refund next year, in the pursuit of buying more equipment for either of my systems (be it audio or home theater) nonetheless, and then clear out of the blue, my wife has the money spent before I can even get my hands on the damn check and all?? I'd say I'll be pretty pissed off myself. No.... Correction.... Let's just say I'll be PRETTY irrate. Well.... Correction again.... With me, it will be beyond irrate. Thank god I'm not married. This marriage stuff?? If all that's going to do is cause money problems and power struggles all the time, and I am not getting any "aural" satisfaction out of it?? Well, whoever is married?? Well, you all can have this marriage stuff.

MARRIAGE SUCKS!!!!!

--Charles--
chaskelljr2001's avatar
chaskelljr2001
476 posts
 
Now that I have gotten the Tax/Marriage issues out of the way and off of my chest, you want to know what I am going to do with my tax refund?? Well, I am going to put most of it ($1,250.00) on my DVD Player (a Pioneer Elite DV-37), and whatever is left over after that will be used to payoff some old credit card debts and bills. Well, I guess that shows that you can still be financially responsible without a spouse, right (ROFLMAO)????

--Charles--
kitch29
316 posts
 
The tax refund, Uncle Sam's Christmas Club. Anybody old enough to remember those little coupon books with the reindeer and Santa smiling? Santa's smiling because he works for the bank and the bank DIDN'T PAY INTEREST! It's not a refund, it's a return of OVERPAYMENT. Ever owe the IRS? Can you say "imputed interest"? And penalties? If the definition of a co-signer is a "schmuck with a fountain pen" what do you call someone who loans money to a spendthrift congress at no interest?
sugarbrie
3,854 posts
 
Kitch is right on, unfortunitely a lot of people can't save any other way.
3728slingshot
102 posts
 
You got it right Kitch!! On my home front, we take the returns and plop them into the IRA. First year was tough .... but now we don't ever plan on using the money until a much later date. I'm saving up for that new plasma beam hologram imersive theatre that will be cutting edge when I retire in thirty years.
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