How to Turn Your Tax Refund Into $100,000
Though tax returns aren't due for another month, you may have been an early bird and filed yours already. In fact, you may already be sitting on your refund.
But what should you do with that money? Many people have been hurt financially by the pandemic, so you may need your refund to pay for things like housing, groceries, or other essential bills. And if you don't have a healthy emergency fund -- enough money in the bank to cover at least three months of living costs -- then your tax refund should go directly into the bank.
But what if you're doing OK financially and don't need your tax refund for a specific purpose? In that case, you have a prime opportunity to turn that refund into a whopping sum of money. In fact, you might manage to turn your refund into $100,000 -- or more.
Source Fool.com
