Lorem ipsum dolor sit amet, consectetur adipiscing elit. In bibendum varius metus vel cursus. Praesent magna ante, pretium ut dolor vitae, lacinia blandit urna. Pellentesque eros magna, ullamcorper vel elementum vitae, suscipit sed leo. Nullam finibus dolor quam, quis faucibus massa accumsan ut. Quisque magna libero, vestibulum a dui in, convallis rhoncus nulla. Etiam cursus tellus erat, vel ultricies ligula vulputate ut. Vivamus laoreet dolor nec mi scelerisque, maximus bibendum felis pretium. Vivamus posuere ipsum a massa tempor tincidunt at eget metus. Sed id ex sit amet lectus faucibus iaculis. Nunc at sodales leo. Sed gravida ex non eros hendrerit, at aliquet magna iaculis.
Cras eu diam nec quam auctor sagittis
Nulla dapibus augue molestie sollicitudin tristique. Duis feugiat tincidunt ante sed venenatis. Proin tristique ipsum commodo, egestas urna in, molestie lectus. Aenean metus mi, imperdiet vel maximus et, congue quis nulla. Phasellus nisl leo, bibendum sed justo vitae, venenatis viverra mi. Curabitur sem urna, ornare eget sem non, ornare dictum ex. Sed ac finibus ligula.
Etiam porta, lorem id finibus commodo, elit sapien sollicitudin metus, euismod pellentesque justo lorem sit amet dui. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia curae; Sed vitae ligula nulla. Morbi nec mattis tellus, nec condimentum neque. Vestibulum imperdiet finibus condimentum. Morbi eu sapien sit amet dolor dapibus facilisis. Etiam vel sapien at elit fringilla ullamcorper. Interdum et malesuada fames ac ante ipsum primis in faucibus. Donec bibendum libero tristique imperdiet accumsan. Donec massa leo, maximus nec diam vestibulum, maximus aliquam sem. Aliquam in commodo velit. Donec faucibus nisi leo, non blandit massa semper at. Integer semper risus sit amet massa euismod iaculis. Curabitur commodo massa nec malesuada fermentum.
Duis quis felis risus proin in quam
Fusce gravida magna eu facilisis fringilla. Pellentesque quis lorem sollicitudin, dictum nunc at, viverra nisi. Vivamus non sapien pretium, scelerisque leo vel, maximus tortor. Pellentesque viverra posuere ultricies. Vestibulum feugiat neque sed porta pretium. Cras non aliquam nunc, nec congue lacus. Etiam turpis eros, cursus eu nulla ut, hendrerit suscipit quam. Morbi posuere dapibus ligula, vel tincidunt nisi euismod in. Fusce imperdiet libero ac interdum pulvinar.
1. Pay Yourself First
As in, INVEST IN YOUR FINANCIAL FUTURE! I have to be clear and over emphasize here because I used to be one of those people who thought getting my hair and nails done was me paying myself first. That’s NOT what paying yourself first means.
Paying yourself first means understanding that the person you are today is responsible for taking care of the person you will be 20 – 40 years from today. Put some money in a savings vehicle that will grow to support your future self and goals.
2. Fix Your Credit
If you have bad credit I don’t have to tell you have costly living with it is. It’s a high probabiltity that you already know. While you have the money, take a portion of your tax refund and invest in repairing your credit. Pay to have it professionally repaired because if you were going to do it or knew how to do it already, you would have already fixed what you are ashamed of. In the long run the benefits of an excellent credit score far outweigh the cost of the investment in credit repair. To learn more about the AI driven credit repair platform I use with my credit coaching clients go here.
3. Start A Business
It seems like every day we learn about government employees being laid off, a business filing bankruptcy and closing its doors, or a company reducing its workforce to invest more in Artificial Intelligence. The fact is, even though there was a time when the concept of “job security” seemed promising, the reality is, “job security” never existed. If you rely on the government or a job to feed you, you are also giving them the power to starve you. You have to have a source of income that you control. That’s why I suggest, taking a portion of your tax refund and using it to start a business.
4. Pay Down High Interest Debt
If you have high interest debt, like credit card accounts, car loans, or open personal loans pay down your balances. Make sure you apply the payment directly to the principle amount of the loan.
Decreasing the principle balanc, or paying off these accounts entirely is one way to immediately give your save a pay raise.
Instead of letting the interest eat away at your bank account, you are taking back control of your finances and positioning yourself to win against the bank.
5. Get Life Insurance
Repeat after me: LIFE INSURANCE IS A NECESSITY!!
If you don’t have life insurance, or if you dont have enough life insurance, take a portion of your tax refund and pay for a full year of life insurance premium. That way you don’t have to worry about your policy lapsing, your family is protected, and you don’t have another payment due until next tax season!
