Years ago, as an up and coming young professional living in the heart of Toronto, I was living pay cheque to pay cheque. The moment my tax refund arrived at the door (or should I say, via direct deposit), I would use it responsibly towards paying off any outstanding debt or saving it up for my next big expense. Now that I’m more flexible with my finances, it’s nice to have the option of spending my tax refund on something more creative and investable rather than using it to manage debt and expense.
With the deadline to file for taxes approaching in just a few days (deadline for personal income tax filing is May 1, 2017), I’ve curated this list of creative ideas on putting your tax return to good use.