Both my federal and state income tax refunds have now landed in my bank account. The good news is that I resisted all efforts to either do a tax-refund loan or even to pay for electronic filing. I have always done my own taxes (not to mention those of my family and some of my friends). The money is, therefore, all MINE.
At first glance, the refunds are sizeable--a total of $5794.99. Spare me all the lectures about giving the government interest-free loans. I know. I agree. But I also know Grace--there's just no way that I would have exercised the needed control to save that amount of money out of my checks. Also, the refund was greater this year due to needed repairs on my rental property which resulted in a net loss for the year.
Large as my refunds are, they are still too small to cover all the places where they are needed. $1300 will be put away for my trip to Japan next October. $2200 is to cover even more repairs to my rental. $2000 is needed to cover my daughter's private high school tuition payment and my granddaughter's college tuition.
All of which leaves me with less than $300.
I was rather hoping to treat myself to a 59th birthday present of Cirque du Soleil and dinner at Todai (where my dinner would be free but I'd have to pay for my kids). I may yet do that and apply whatever's left over to my debt snowball.
But can I indulge in a few minutes of whining? $5794.99 is just too large a sum to be wiped out this fast. Dang!