To be completely honest, I really love tax season because I know I will be getting my big fat refund check which is like an extra bonus to my income! I do happen to be one of those people who claims the least amount of deductions so that the maximum is taken from my salary because I am a complete weirdo who considers tax refunds to be a sort of instant savings account! I know this isn’t great tax advice and its not meant to be, but if you are like me and expecting a nice little sum of money and want to find a way to indulge, this post is just for you!

1. Spa Day!

Since you work so hard to earn that tax money you are getting back, you mine as well treat yourself to some well deserved relaxation time. You can go all out and book yourself a spa day at a high end Spa like the Elizabeth Arden Red Door Spa, or you can be a little more frugal and book yourself a nice morning filled with a mani, pedi and a massage from your local nail salon. My local salon does nails, waxing and some spa treatments like massages and facials at a budget price so you don’t have to spend all your money in one place!

2. Update your wardrobe with some classic high quality staples

If you are someone who would prefer to invest as well as splurge you may want to update your wardrobe with some classic pieces that may be too costly to purchase on your regular salary. A high quality suit for work, a designer hand bag or a nice leather jacket that you know you will get years of use out of is well worth the money and will still feel like a splurge.

3. Update your home with some new furniture

For the longest time I didn’t have a complete bed, all I had was a mattress and box spring on a simple metal frame. No head board, no nice looking bed frame, just raw metal that I used to cut my toes on if I ran into the corner of my bed. Buying a real bed frame with a fancy headboard was one of the most luxurious purchases I have ever made and its one that I never regretted. So, think about what areas in your home could use an upgrade. Are you still using mostly IKEA furniture and perhaps would like a grown up desk? Maybe you have a hand me down couch and want to invest in some nice new furniture for your living room. Think in terms of single pieces that you know you will need no matter where you move to. You don’t want to get a whole new living room with multiple pieces that you may not be able to use if you move to another place with a different layout, but single items like a good couch, a good mattress, or a good desk are pieces you will be able to take with you anywhere you go.

4. Get a new gadget

If your into tech like I am, you may want to put some of your refund money towards a new gadget. Maybe you have an old laptop and could use a new one, or have a really outdated camera but think you could get good use out of a nice DSLR. Whatever your needs may be make sure you do your research. A gadget is a major purchase and you want to make sure you are getting something of good quality that will last you a few years before needing to be replaced again. Try checking out sites like newegg.com or finding a professional to talk to about the device you need. A professional photographer will have some great insight on which new camera to buy (more so than the high schoolers at Best Buy) and an IT professional should be able to tell you what specs you will need on a new computer. So seek out the advice of others before making the purchase and also check into warranty information as well!

5. Take a class or attend a professional conference

Perhaps you would like to use your windfall to advance yourself personally or professionally. Its a tough market out there and if you want to find your dream job you will need to get some important skills under your belt. You may want to sign up for a night class at a local college or an online course that will help boost your resume and gain you some useful new skills. Professional conferences as well are great places to meet new people in the field you are working in or would like to work in. Networking with others is a great way to find out about hot job openings and get insider insight on what would be required of a good candidate. I am all for advancing yourself whenever possible!

So, what do you plan to do with your tax refund check! Let us know in the comments!

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