Tax refund advice: Save some, spend some

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Linda Geist, Writer, University of Missouri Extension

Income tax refunds are ready to roll out. Uncle Sam sends Missourians an average income tax refund of $2,612, according to IRS data. You might want to hold on to some of that cash.

Refunds are wages you earn throughout the year and should be thought of as hard-earned money rather than found money, says Andrew Zumwalt, personal finance specialist with University of Missouri Extension…

For tips on how to put your refund to good use, and for information on free tax preparation services, see the full version of this article at http://missourifamilies.org/features/financearticles/cfe96.htm

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