princessoflight
New member
I ended up with a $15k return this year. I don’t need the cash, have my emergency funds and everything in order, and don’t know what to do with the lump sum. I could dump it in a HYSA, I could pay down my home loan (my only debt, 6.125% rate), or I could get a new car (not an immediate need but I drive a 20 y/o car that costs me money to maintain). Thoughts?
edit: by return I mean refund
edit 2: to quell some of the questions, my refund is high this year because my state (OR) has a giant kicker this year, and I bought a home late 2023 which allows for interest deduction. I am 26 y/o and a single filer with no dependents.
edit: by return I mean refund
edit 2: to quell some of the questions, my refund is high this year because my state (OR) has a giant kicker this year, and I bought a home late 2023 which allows for interest deduction. I am 26 y/o and a single filer with no dependents.