The 5 Smartest Ways to Spend Your 2022 Tax Refund

The average 2020 tax return refund was $2,827, a nice chunk of money that most Americans look forward to each year. It might be tempting to use this money for a vacation or some big purchase, especially since the stress of the pandemic has pent up demand for travel.

However, tax refunds are an excellent tool that can jump-start our finances in several ways. Here are five smart ways to use your tax refund in 2022 to level up your financial game.

Roughly one in four Americans have no emergency savings whatsoever. Unexpected expenses are a significant cause of people falling into debt. If you're financially prepared, it's much less stressful facing life's unpleasant surprises, whether your dog breaks its leg or your car decides to stall out on you.

Source Fool.com