The questions are:
1. How much do you normally receive for an income tax refund?
2. How do you usually spend it? (i.e. pay bills, big items you may not otherwise be able to afford, investments, etc.)
3. How long does it usually take for you to spend it all?
This is a survey for a school paper, so I'm not using any names of any kind, just statistical numbers for analysis.
Thanks for your help,
Diane
2006-12-25 16:21:34 · 8 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
1 300 to 600 year 2 invest for retirement 3 not yet spent any of it
2006-12-25 16:24:22 · answer #1 · answered by game boy 3 · 0⤊ 0⤋
1. How much do you normally receive for an income tax refund?
Around $2000.oo US
2. How do you usually spend it? (i.e. pay bills, big items you may not otherwise be able to afford, investments, etc.)
If i owe a lot on credit cards, I will pay that off 1st, otherwise I go buy something real nice
3. How long does it usually take for you to spend it all?
It depends on what I buy but usually less than a month
2006-12-26 01:56:12 · answer #2 · answered by JohnT 2 · 0⤊ 0⤋
I get enough from the state to cover what I owe for the feds. I try to make it so I don't owe or get back but hard to do with stocks and interest. Why give them money interest free for the year?
If I do have any extra coming back, I invest it or pay down the mortgage.
I invest or pay down immediately after I get the money.
2006-12-26 02:31:51 · answer #3 · answered by parsonsel 6 · 0⤊ 0⤋
1. Have to pay in.
2. bills when I do get a refund
3. one day.
2006-12-25 16:30:43 · answer #4 · answered by karen v 6 · 0⤊ 0⤋
1. about 2500.00
2. I pay a few bills, buy new shoes, socks, underwear, etc.......Go out of town for a weekend, (nothing fancy or expensive)
Then I save the rest.
3. A while
2006-12-28 04:22:37 · answer #5 · answered by real_sweetheart_76 5 · 0⤊ 0⤋
I don't. I keep the amount the government gets from my paychecks as close to the amount I'll owe as possible. I'd rather owe a little than let them have my money.
Since I don't get one, I don't spend it.
2006-12-25 16:23:56 · answer #6 · answered by Faith 5 · 0⤊ 0⤋
1. $2500-$3500
2. Pay other bills (i.e. credit cards)
3. It's spent prior to arrival. (e.g. credit is a bad thing)
2006-12-25 16:25:06 · answer #7 · answered by Anonymous · 0⤊ 0⤋
3000 to 4000
pay for things I can not usually can not afford
catch up on bills
usually now were the money is going prior to recieving it.
2006-12-25 21:03:59 · answer #8 · answered by Harry 1 · 0⤊ 0⤋