| Most people in the US realize that it is wise to file a | | | | annual contribution. |
| tax return, for the simple reason that many are entitled | | | | - Buy stocks, stocks historically produce good return; a |
| to Tax relief in the form of a refund. It doesn't matter if | | | | couple of hundred dollars could be the means of |
| it is just a couple of hundred dollars or thousands, it is | | | | starting a good nest egg. Never believe you have too |
| Tax relief, it means money back from Uncle Sam and | | | | little to invest, this is simply not true. Ric Edelman says |
| it is worth filing a return to receive these funds back. | | | | "Rich people start off as poor people." |
| Before you just go and spend this cash, it might be | | | | - Set up a mutual fund account, for rainy day money, |
| wise to stop and think. There are a number of smart | | | | the money will be available for emergencies and Ideally |
| ways of doing this. | | | | you should have stocked away 3 - 6 months of the |
| - Put money into your credit card, doesn't sound as | | | | value of your living expenses. |
| good as the purchase of a flat screen TV, but it sure | | | | - Use your Tax relief refund to refinance your house. |
| goes a long way to reducing high interest bearing | | | | - Add money to your mortgage repayment, rather |
| credit card balances. | | | | there, than sitting in a savings account. |
| - Choose to open an IRA or if you already have one in | | | | - A few hundred dollars invested in landscaping or a |
| place, use your Tax relief refund to pay toward your | | | | similar project will add value to your home. |