Chicago,IL- March 27, 2014- Deciding what to do with a tax refund is an important decision, especially in today’s economy. The Better Business Bureau (BBB)advises consumers to consider a few options that can provide long-term financial benefits.
“Many people receive a large sum of money from their tax returns,” says Steve J. Bernas, president & CEO of the Better Business Bureau serving Chicago and Northern Illinois. “It is important to spend your tax return money wisely to have a financially stable year.”
Here are some tips for tax refund recipients:
Bernas noted that if debt is a problem, consider a credit counselor. Certified consumer credit counseling agencies can assist people who are facing financial challenges and are looking for debt relief. The BBB has free Business Reviews on Credit & Debt Counseling firms in Northern Illinois at www.bbb.org
“Consumers need to keep their financial goals in mind,” Bernas stated. “Consider using your tax refund toward these. Put a set of long-term and short-term goals together. You’ll be more conscientious about how you spend your refund and howto use any other extra money that comes your way,” he explained.
For more consumer tips you can trust, visit www.bbb.org
For more than 100 years, Better Business Bureau has been helping people find businesses, brands and charities they can trust. In 2015, people turned to BBB more than 172 million times for BBB Business Reviews on more than 5.3 million businesses and Charity Reports on 11,000 charities, all available for free at bbb.org. The Council of Better Business Bureaus is the umbrella organization for the local, independent BBBs in the United States, Canada and Mexico, as well as home to its national programs on dispute resolution, advertising review, and industry self-regulation. BBB of South Central Louisiana, Inc. has been serving the local community since 1950 and services the parishes of Ascension, Assumption, East Baton Rouge, East Feliciana, Iberville, Livingston, Pointe Coupee, St. Helena, St. James, Tangipahoa, West Baton Rouge & West Feliciana.