It is tax season and that means that college students who file are most likely getting refunds.
If you worked a lot in 2019 the chances are your refund is large. If you’re not behind on bills or desperately need to spend the money, this is a good chance to get ahead on your savings and build an emergency fund.
There are also many ways you could invest this money rather than using it for quick purchases that provide momentary satisfaction. Saving your money to use on textbooks next fall, using it as grocery money for the semester, paying rent, or investing it into your long term savings account are all really good ways for spending your refund wisely.
Making conscientious purchases such as those will benefit you in the long run, rather than using it to go out to dinner, to buy your 7th pair of Vans or a new sweatshirt.
Be smart with your refund and be sure to file your taxes with us by setting up an appointment with a peer coach by contacting email@example.com.