Tax season is upon us, which for some means a nice refund may be on its way. While trying to determine how to allot those funds can be stressful, we’ve removed some of the leg work by looking some great ways to spend that return!
Now that you’ve got some extra cash, you can spend it on anything from flying out on a vacation to learning a new instrument, the opportunities are endless.
So, in honour of tax season, check out 5 things to spend your tax refund on below.
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A Vacation
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Ok, let’s get this one out of the way right off the top. While we’ve experienced one of the tamest Ontario winters in recent memory, the lure of sandy beaches or a foreign travel adventure is never quite as strong when you have some excess dollars on-hand. If you’ve been lucky enough to be blessed with a return this year then go ahead and book that last-minute vacation… you’ve earned it!
Concert and Festival Tickets
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Turn the volume up to 11 by spending some of that return on the slate of excellent concerts this spring and summer. Toronto’s Budweiser Stage plays host to performances from the likes of Neil Young, Alanis Morrisette, The Beaches, Red Hot Chili Peppers, and more. If you’re looking to take in a festival, Quebec’s Osheaga, Festival d’été de Québec (FEQ) both boast incredible lineups for 2024.
New Records
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So you’re a music lover and you have some newfound funds in your pocket? Sounds like you should earmark some of that for some new music. Luckily for you, locally, Toronto’s selection of record stores in unmatched. Grab that new release or spend an afternoon digging through crates for that sick find!
Pick Up an Instrument
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Always wanted to learn guitar? Feel like you’ve got an inner DJ? Now’s your time. With your new tax return, you might as well purchase that instrument you’ve always wanted to learn to play. Or, if you already know how to play the instrument of your dreams, why not upgrade your gear?
Pay Off Debt or Invest It
We know, times are not easy out there. While many may opt to just take that refund and square up the bills… others may be inclined to think about the future. You can always invest your cash and put it away for another day or set it aside in your plans for a big purchase down the road.
