Episode 8 - How Your Tax Refund Could Be Hurting You
Welcome to episode #8 of The Debt Free Dad Podcast. Did you get, or are you expecting a tax return this year? If so, you may not want to throw your hands up in celebration just yet, because your tax return could be putting more stress on your financial life.
I’ve had the privilege of helping many people get on a plan with their finances. In our membership site, Roots of Personal Finance, we teach our members a straightforward process that helps them learn how to budget, save, and crush debt for good. While helping these people, I tend to find that many who are struggling and living paycheck-to-paycheck are receiving sizable tax refunds. It’s not uncommon for me to see, $2,000, $3,000, $5,000 or even more.
If you’ve been consistently receiving this amount in refunds each year, but are struggling to make ends meet, I want you to consider making some changes that will help you throughout the year.
What You’ll Learn
- What a tax return is and isn't. (This might shock you!)
- How your tax return could be hurting your finances and adding more stress.
- How your tax return can be a springboard towards your debt-free journey.
Question of the Show
"I just paid off my credit card, should I close the account or keep it open? I’ve heard it will affect my credit score."
Resources Mentioned
- 10 Money Saving Ideas You Can Start Today - FREE COURSE
- Brad's Totally Awesome Debt Freedom Planner
- For more help, and a step-by-step process to get started, enroll in Brad's FREE online course, LIFE WITHOUT PAYMENTS.
Free Tools and Downloads at www.therealdebtfreedad.com
-Connect With Brad-
Website - https://www.therealdebtfreedad.com
Facebook - https://www.facebook.com/therealdebtfreedad/
Private Facebook Group - http://www.facebook.com/lifewithoutpayments
Instagram - https://www.instagram.com/brad_nelson_debt_free_dad/
Pinterest - https://www.pinterest.com/bradnelson0044/
LinkedIn - https://www.linkedin.com/in/balancedcents/
Thanks For Listening
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