Tips from the Vance County Parenting Task Force
Use 20 percent of your refund for enjoyment and 80 percent for smart uses such as:
· Paying down credit card debt to save money on interest and improve family financial security.
· Saving for special events and holidays to avoid creating new debt.
· Opening an emergency savings account for when the tire goes flat, the washer breaks or your child gets sick.
Financial stress can negatively impact family relationships, so be smart about your refund.
Source: NCSU publication by the same title, FCS-528-02