#51 – save your tax refund

If you are getting a tax refund from filing your income taxes, instead of spending it right away, invest it!  If you put it in a low fee index fund, your money could double (or more!) in 10 years.  Not retiring for 30 years?  It could grow to be 7-8X the original value by the time you retire.  As those ads say: feed the pig!

Leave a comment