12 Really Dumb Things People Are About To Do With Their Taxes

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1.  Put first and last month’s down on any type of residence although they’re currently unemployed.

I know a few people who do this time and time again every tax season. Tax season has a way of making people believe they are ballin’ like  Diddy when that money hits their account, only for them to end up in tears like Terell Owens when they look at their negative balance a few weeks later.

We all do it:  When we get a windfall of money we start imagining all of the great things we’re going to do with it: I’m going to re-do my basement, and take a trip to Jamaica this summer and pay off my student loans.  But the truth is in the grand scheme of things, a few thousand dollars is only going to get you so far and you won’t be able to do everything.

If this is the only income you have, then it definitely will come to an end, and probably faster than you think.  Don’t invest into anything you can’t sustain long after your days at H&R Block.

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