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By Cameron Huddleston of GOBankingRatesBorrow Money From Real People Uk
|A tax refund can feel like a financial windfall — after all, your refund can add up to the thousands. That’s a big chunk of change that could be put to use in many different ways.
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Of course, you could be responsible with your tax refund by using it to improve your financial situation. A recent GOBankingRates survey actually found that the No. 1 thing Americans plan to do with their refund is put it in savings. Still, others plan to spend that money on a splurge.
Using your refund on a fun purchase isn’t necessarily a bad thing if you’re in good shape financially. There are still good splurges and bad splurges, however. Read on to see some of the worst things people have done with their tax refunds.