A new survey asked what people will do with their tax refund this year. And most aren’t admitting they’re just going to blow it on a new iPhone and a bunch of tacos.
Here’s what people CLAIM they’ll do with their tax return this year . . .
1. Put the money in savings, 41%.
2. Pay off debt, 38%.
3. Put the money toward a vacation, 11%.
4. Splurge on something, 5%.
5. Make a major purchase, 5%.
That means 79% of people are going to use the money responsibly . . . and only 21% say they’re going to do something fun with it. We’ll see.