Adjust your withholding

How did your tax return look?
  • If you got a big refund, don't celebrate that only means you gave the government an interest-free loan during the year. On the other hand, if you ended up owing Uncle Sam too much, you may have been penalized for doing so.
  • Fine-tune your withholding to make sure you're closer to the target next time around.

Put your refund to work

If you got a tax refund, do something strategic with it.
  • Pay down debt.
  • Build your emergency fund.
  • Consider an Individual Retirement Account.
  • Save it for college.

* The above article is provided by USAA. They will send monthly guide to me to be posted here.