Why Should I Adjust It?

Justin on Facebook asks why Dave recommends adjusting your taxes so that you don’t receive a refund. Dave explains.

QUESTION: Justin on Facebook asks why Dave recommends adjusting your taxes so that you don’t receive a refund. Dave explains.

ANSWER: Let’s say you get a $3,000 refund. What that means is you had $250 too much taken out of your check every month. What you did was you loaned the government $3,000 of your money, and they paid you no interest. A refund is money that comes back to you because you put too much into the tax deal. You had too much taken out of your check. Santa Claus does not live in Washington. There is no free ride. That money came from you. Rather than loan the government money free for a year at no interest, why not bring it home, use it to get traction, and get out of debt like these people are talking about? That’s why--absolutely why.

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