Jude 2

Do you set aside a part of your tax return for "frivolous" spending?

Frivolous, for me, would be things like CDs, DVDs, more books or a collectable I've been desiring.

How bout you?

All go to bills? Or are you eying that HDTV Aquos???

It goes to urgent bills.

Hopefully this year it will go to a vacation! PLEASE!! I need one!

Ours is going to help set up our emergency fund. We're trying to help put a smile on Dave Ramsey's face (instead of the usual tear that we bring to his eye).

I'm going to use mine on a car. My transmission is biting the dust, and the cold weather isn't helping.

last few years it has went on repairs ( roofing etc...) on our home. This year a remodel on the master bath...I'm sure It will cost me more than just my return. They are never all that much

Home repairs and improvements. Can't go wrong with an investment.

MrDanger wrote:Ours is going to help set up our emergency fund. We're trying to help put a smile on Dave Ramsey's face (instead of the usual tear that we bring to his eye).

I love Dave. Fortunately, we were exposed to his radio program about 10 years ago and have been following his advice ever since. His stuff really works.

hopefully going to the G.A

For those of you who "really" listen to Dave Ramsey, you actually shouldn't be getting a refund. He would tell you that you are having too much with-held from your check.

That's very true Dr. Ron. I've monkeyed with my withholding for years, though, and no matter how it's figured, I always end up with a refund of some size.

Married and 15! Go, Dave Go!

Dr. Ron wrote:For those of you who "really" listen to Dave Ramsey, you actually shouldn't be getting a refund. He would tell you that you are having too much with-held from your check.

Yes, unless you're getting that earned income credit! (see other thread)

yes.
joint return.
when there is a refund (usually), the wifes debt (in her name only) gets paid off. Then "our" debt, then mine last. and usually save some for some thing or another. This year will be interesting, though as we have been doing this for sometime and currently she has no debt to speak of, we have only the house "debt", and I have very little left.

There really isn't much stuff/frivolous that I am looking for in my life right now. especially since I got some magnetix for my birthday and bought a couple add on packs for them already.

Though having some savings available will make it easier for me to volunteer at an excavation/dig in Israel.

I wish I had a refund coming, again this year I will have have to pay in addition to what was taken out at work (the max they would take out). The reason being that I am getting a widow's pension and the government says I can only earn a certain amount in addition to the pension. I don't mind paying my share but last year I had to pay a significant amount in addition to what was taken out at work "because I earned too much". Then in September I got a letter from SS that they were going to deduct the amount that I made in salary above what I was allowed from my Sept and Oct checks. So I had to pay the IRS taxes on that amount and then repay SS, doesn't make sense to me. I have an accountant prepare my taxes but I'm in a Catch 22 situation. Oh well, just one more year and I will be able to earn as much as I want, I will still have to pay taxes on it but at least they won't take the money back.