tax refund

Tax refunds are fun to receive but could they be eating away at your long term wealth building?

 

Do you depend on your tax refund as a forced savings strategy?  You’re too likely to spend that money if it ends up in your bank account. So, you send it to the Internal Revenue Service knowing you’ll get it back.  Maybe that refund money is how you get through the summer or save for vacation.

What if you could shift a couple things around so that you use a different forced savings strategy that benefits you more?  How about if you could set aside that extra cash in a way that it’s still available? What if it was NOT as easily accessed as transferring from savings to checking with the click of a button?

While all the politicians debate over raising or lowering your taxes, learn how you can outsmart the system.  It’s what your grandparents likely did.

It won’t “cost” you anything new.  All you could do is switch those funds being sent to the Internal Revenue Service to being sent to your own account.  Then, you earn all the growth.

If you don’t think you’re being patriotic enough, you can always give the growth back to your fellow Americans. Perhaps even more than you realize.  🇺🇸 🎆

 

For more research check out these links:

Time-Honored Wealth Strategies Served With a Helping of Balance and Trust.

Grandma’s Top Five Tips For An Independent Financial Future

Sometimes wisdom skips a generation, but you don’t have to be left behind.

Download Grandma’s tips today and start your journey to true financial stability and fund a life well lived.

    © Grandma’s Wealth Wisdom | T: (513) 447-6501. | hello@grandmaswealthwisdom.com

    While we’re sharing the fine print, you should also know: The information presented here is for educational purposes only and is not a solicitation for the purchase of any insurance or financial product. By using this Website, you are fully accepting the terms, conditions, and disclaimers contained here and in our Terms of Use notice.

    profit first certified