where's your refund going?

I know this might be stupid, but does anyone here use flexible spending if their employer offers it?

 

Nein.

 

I'm paying myself back (well, my savings account), and then the rest of it goes toward my credit card.

 

You should put some of it to removing unnecessary S's.

 

I need a new recliner. But I need to pay off my debt more.

 

Bite me, Mikey.

 

If it is offered and you have kids in daycare, it is a no-brainer.

$100 turns into $125

 

Good thing I don't have kids or have any plans to make some any time soon. I will, however, continue to practice making them.

 

I got some very good advice a few years back: Don't be in such a hurry to pay off student loans, especially if you have other debt. A student loan is likely to be the least interest you'll ever pay on borrowed money, ever (I'm paying mine back at like 3 percent). Plus whatever amount you do pay in interest is a tax deduction.

If you have higher-interest debt like credit cards or a car payment, get those out of the way first. If you don't have an emergency savings fund of at least three months of expenses, build that up second. Then take a stab at the student loans, especially if you can knock one out with a big lump payment. But if you've got a debt load that you know you'll be paying for the next 5-10 years, don't throw a chunk of money at it now.

 

I suspect Sony will get some of it for the warranty transaction with the TV.

After that: Baltimore! I hope ...

 

You might enjoy that a little bit too much.

I KNOW FOAF would...

 

I'm only paying 2 percent on my car loan. Of course, I also put a big chunk down too.

But yea, student loans are very low interest. When I had mine, it was 5-6 percent, but I paid that off about four months ago (woo hoo).