This content is provided courtesy of USAA.
By Scott E. Halliwell, CFP, ChFC, CLU, CWS
Your refund is coming...Your refund is coming!
OK, so maybe stealing from Mr. Revere is a bit overdramatic when talking about a potential income tax refund. After all, my message won't change the future of a nation. I am, however, OK with borrowing a bit of his attention-grabbing magic because if you are receiving a tax refund, my refund-management message could literally change the future for you.
Quite often, when someone learns they are about to become the recipient of a substantial sum of money (like a refund), the very next thoughts that run through their mind are images born on Madison Avenue. And equally as often, the next thought is, "I'm going to buy myself something nice!"
By now you are probably thinking, "Here we go. He's going to try to take the fun out of my plans for my money!" Well, not exactly. I too, have similar thoughts. But as a CERTIFIED FINANCIAL PLANNER professional, I have a few additional thoughts that I would like to share -- thoughts that hopefully can motivate you to buy yourself a future in addition to buying yourself something nice.
Facilitate Your Own Financial SecurityIf you're about to get a substantial income tax refund, I encourage you to make the most of the opportunity. Are you going to buy yourself something nice? Or are you going to buy yourself a future? Why not try a little bit of both?
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This material is for informational purposes. Consider your own financial circumstances carefully before making a decision and consult with your tax, legal or estate planning professional.
USAA Financial Planning Services is a service mark of USAA that refers to the financial planning services and financial advice provided by USAA Financial Planning Services Insurance Agency, Inc. (known as USAA Financial Insurance Company in California, Lic. #OE36312), a registered investment adviser and insurance agency and its wholly owned subsidiary. Certified Financial Planner Board of Standards, Inc., owns the certification marks CFP? and CERTIFIED FINANCIAL PLANNER? in the U.S. which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
USAA means United Services Automobile Association and its insurance, banking, investment and other companies. Banks Member FDIC. Investments provided by USAA Investment Management Company and USAA Financial Advisors Inc., both registered broker dealers.
