If you have a refund on the way from the IRS, you let Uncle Sam use your money tax-free. To prevent this from happening again, take the time to evaluate what you are paying in withholding or estimated tax payments. If you find you are paying too much, reduce your withholding by filing a new W-4 form with your employer. Do not expect your employer to know what your tax situation is and come to you. Don't use the IRS as a savings tool. Many people enjoy getting a refund each year. This is the only way to save money that you can be sure and not make anything with your money. Use your refund to pay off credit cards or other debt with high interest rates. If you had used the money you are getting as a refund to pay the credit cards in the first place, you would have saved let's say, $600 last year if you had a card with $3000 on it and your interest rate was 19%. Start paying debts with the highest interest rate first.

While the IRS thanks you for your loan, improve your overall financial health by giving yourself a financial check-up.