6 Things To Do With Your Tax Refund
As if it isn't bad enough that 76% of Americans are living paycheck to paycheck, there are a lot of people sitting around waiting for their tax refunds to hit their direct deposit so they can buy all of these things that they probably couldn't otherwise afford.
Those of us who have a problem with spending money before we get it have probably already calculated down to the penny what we're going to spend our tax refunds on.
This year, I will not be one of those people. I have bigger things in mind besides a shopping spree or big ticket item purchase.
I'm pretty new to this tax refund thing (three years to be exact), but I've learned from the mistakes of the people around me who I've watched blow tax refund checks and of course my own experience blowing money fast. Unfortunately, many of us are never formally educated about this tax refund business and just learn from what we see. Most people see their tax refunds as “free money" from the government but it absolutely is not. Your tax refund is nothing more than the excess amount of your money that you paid to the federal government throughout the year. Keyword, YOUR money.
Let's make this tax refund season the one that helps shape our financial futures instead of a trial period of the “lavish life". Here are some of the things that I plan on doing with my tax refund check this time around:
Paying down credit card debt
Whether you have one credit card or 10, owing folk's money is NOT cute. The first thing I'm doing with my tax refund money is paying off a good portion of my credit card balances. Some experts say to start with the card that has the highest interest rate, but considering the rates on my cards are relatively close to one another, I will be starting with the card with the least amount of debt. When that balance is zero, I'm on to the next.
Paying some bills in advance
People come and go, but bills, my dear, are here to stay. Of course you could wait to pay your bills on their respective due dates as you usually would, but what harm is there in getting a head start on next month? And the month after? None whatsoever. Making some advance payments on some bills can ease some of that “first of the month" blues.
Putting some coins to the side
I've gotten into the habit of always having some emergency money stashed away somewhere because quite frankly, sh*t happens--like my MacBook wanting to give up on me every few months or so (yes, I'm in my feelings). You never know what the future holds, so just in case something crazy happens, make sure you have the money to take care of it without being broke afterwards. I definitely will be dropping some coins into my savings for the rainy days.
Investing in your work/career
Whether it's a business that you want to start or career move that you're looking to make in the near future, things that usually bring you money take some sort of monetary investment. Simply put, it takes money to make money. Investing in something now that can secure you a bomb financial future is a sure win.
Revamping your work space (especially if you work from home)
As a writer, I do a lot of work from home whether I'm writing for my own site or freelancing for another publication. In the last few months of my writing career, I've been slowly adding things to my home workspace to make me work more productively. Now, I can take care of the things that are more for aesthetics than productivity, like a new bookshelf and wall decor. FUN!
A treat of your choice
I'd be doing a disservice if I sat here and acted like tax refund checks were all work and absolutely no play. Haha, imagine that! Some people like their money where they can see it, like in their closet in the form of clothes. I'm more of an experience kind of gal. I'm not going to use my whole tax refund check to fund a big lavish vacation but I will put a few dollars to the side as my vacation spending money for when I go away in March. Treat yourself as long as it isn't going to put you right back at square one.
Now that you guys have gotten to see where my head is at, I'd love for you all to share some of the responsible (another keyword) ways that you plan on spending your tax refund check. That's if your spending it at all of course!
Featured image by NeONBRAND on Unsplash
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ItGirl 100 Honors Black Women Who Create Culture & Put On For Their Cities
As they say, create the change you want to see in this world, besties. That’s why xoNecole linked up with Hyundai for the inaugural ItGirl 100 List, a celebration of 100 Genzennial women who aren’t afraid to pull up their own seats to the table. Across regions and industries, these women embody the essence of discovering self-value through purpose, honey! They're fierce, they’re ultra-creative, and we know they make their cities proud.
VIEW THE FULL ITGIRL 100 LIST HERE.
Don’t forget to also check out the ItGirl Directory, featuring 50 Black-woman-owned marketing and branding agencies, photographers and videographers, publicists, and more.
THE ITGIRL MEMO
I. An ItGirl puts on for her city and masters her self-worth through purpose.
II. An ItGirl celebrates all the things that make her unique.
III. An ItGirl empowers others to become the best versions of themselves.
IV. An ItGirl leads by example, inspiring others through her actions and integrity.
V. An ItGirl paves the way for authenticity and diversity in all aspects of life.
VI. An ItGirl uses the power of her voice to advocate for positive change in the world.
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6 Flexible Entry-Level Remote Careers That Truly Require No Experience
It’s always frustrating when you’re new to the job market, transitioning into something new, or you’ve taken a few gap years to care for children, and a so-called entry-level opportunity actually requires experience. If you’ve just graduated from your program or you’ve been working in another field for years, how is this possible?
Well, there are job opportunities, according to the experts at FlexJobs, that require no experience and are perfect for those who are looking to make a change or are new to an industry or role. And many of these roles are fully remote, allowing you to make money while at home (or almost anywhere in some cases.)
Here are six remote jobs that require little to no experience to help you get an idea of where to start:
1. Administrative
According to FlexJobs, there’s a demand for virtual and executive assistants who can provide support to others using the transferable skills they’ve learned either working in another industry or that they’ve been trained to do in college or a trade school. These roles require “clear communication skills and efficiency will impress potential clients and employers.” And the fun factor: You can choose what type of company or type of assistance work you want to do, oftentimes can set your own hours, and if you find purpose in helping a visionary reach their vision, this is a hit.
2. Language & Translation
Working as a translator involves “translating verbal files into written documents, using video to interpret virtually, or proofreading and cleaning up translated files.” You can also use these skills in education or for corporate communications, so if you have certifications or you’re fluent in multiple languages, this might be a good fit.
Maca and Naca/Getty Images
3. Social Media
We all know social media is here to stay, and there are lucrative ways to leverage. Brands and larger companies need passionate professionals to manage their pages, automate posts, or provide strategy, and while some professionals bring marketing degrees to these jobs, this industry is wide open for those who have skills in using popular platforms, videography, art direction, and creative voice.
4. Sales
For those who have worked in retail, have a natural gift of gab, or are motivated by the hustle, this career lane is a hit, especially when it comes to online sales jobs. Some entry-level sales positions involve working in a call center, but if you’re able to sell your transferable skills well, you can apply for sales jobs at various companies with experience from another field or a college degree from a CG in a call center environment and either taking inbound calls or making outbound calls in order to sell a product or service.
5. Customer Service
While this one can get a bad rap, it’s a great opportunity for someone looking for a change who loves serving others. Oftentimes, you can find gigs that are web-based, and several openings require no previous customer service experience. There’s also potential for growth and thriving in customer service if you’re great at sales and you land a gig at a company that rewards meeting goals every month or year. Skills in communication, typing, and professional conflict resolution are valuable in this field.
6. Travel & Hospitality
Jobs like being a travel agent allow you to help vacationers and corporate leaders alike plan, book, and troubleshoot trips, whether for business or pleasure. You can also find opportunities to work for a hotel or resort or even for small businesses that specialize in offering Airbnbs. For this job, you’ll typically need to have “good people skills and the ability to easily learn new software programs.”
Find out more about remote jobs where you need little to no experience via FlexJobs or follow them on Instagram.
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