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Tax Refund Checks Signal Time to Splurge
April 6, 2011

It's that time of year again - tax season. Millions of Americans procrastinate and wait until the last minute to file their income taxes every year on the April 15th (or April 18th this year thanks to a holiday weekend) deadline. If you're not one of them, and mailed in your own return early, you may have already received your refund check or are looking forward to getting it soon. Whether you're a last minute filer or are waiting for your refund to arrive any day now, you've probably already started planning what you'll do with that check once it's in your hands

Many taxpayers consider their income tax refund check "free money," a little bonus that allows them to put a little extra away in savings, pay ahead on bills, splurge on a more expensive item they couldn't otherwise afford, or most likely, a little of each. The average tax refund this is over $3000 - that's a pretty good splurge! You should have enough money to spend on something fun for yourself that you'd feel guilty about buying otherwise, will money to spare. If you put some of that money left over after your shopping spree into savings or towards bills, you'll feel even better about your splurge and will be able to enjoy it guilt-free!

Vacations are a popular choice for a tax refund splurge. Many Americans feel like they've worked hard all year and deserve some time off somewhere nice. Electronics are another attractive option, whether it's a big lay out on an indulgent oversized HDTV, or a more practical expenditure on a new computer to replace an overworked out outdated machine. Some people put their tax refunds towards fulfilling a longer term dream, in the form of college tuition, a down payment for a house, or invest it in starting their own business.

Here are some great non-essentials you might want to treat yourself to this tax season:

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