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A Watch or Something else? Tax Refund Dilemma

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incognito

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Discussion starter · #1 ·
So what's everyone doing with their tax refund?

A new Watch?
Pay Bills?
Save?
Vacation?

As much as I know I should be saving it... I think i'll be spending it somehow. What are your plans?
 
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#2 ·
How much are you "getting back".

If it is more than a few bucks, you're doing yourself a disservice. You're paying too much. Why let someone else sit on your money?

Anyway, do you have debt? If so PAY IT OFF. No reason to buy a watch if you carry debt. That's just irresponsible.

But alas... Just charge another watch and spend the "tax return" on booze.

|>
 
Discussion starter · #3 ·
lol... no debt here... it was just different ideas on what the general mass usually does with their refund...

i'm getting $1500 or so...
 
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#5 ·
If you have any bills due or money outstanding in debt, that should always come before a new watch (I don't think any of us can really argue that a watch is just a luxury...)

Beyond that, what means more to you? A watch and a holiday are both pretty good uses for extra money, memories and shared experiences versus something cool for yourself...
 
#7 ·
I'm sorry, I must have logged on to another forum. I thought this was WATCH-U-Seek. :think::-d:-d:-d

A large portion of my tax return, whatever it may be, will go to the warchest for hunting a vintage piece. :-! Not 100% sure what it will be yet.
 
#8 ·
incognito said:
So what's everyone doing with their tax refund?

A new Watch?
Pay Bills?
Save?
Vacation?

As much as I know I should be saving it... I think i'll be spending it somehow. What are your plans?
Click to expand...
By design haven't had a refund in a long time. I'm better off taking advantage of an interest free loan from Uncle Sam.
That said if I had a refund check coming it it would go toward paying debt (if any) and essentials first.
 
#12 ·
My refunds are small because I keep most of my money throughout the year. Then, I compound (what little) interest I receive so I can buy an even better watch than what I could with just a tax return on its own. ;-)
 
#13 ·
I'm not done with my taxes yet, but the refund looks pretty decent. It will go into savings, stocks, my parents, and a handbag for the wife. I'm debating if I should pickup a Hamilton Khaki Field Auto or if I should save the funds and pickup one of the Baume & Mercier watches that I've been drooling over lately.
 
#15 ·
Part of my tax return went towards this:

Image


The rest is going towards a kitchen makeover
 
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#18 ·
poboxw said:
That is for the mrs to decide...
Click to expand...
that sounds about right, lol.

I already have a christmas bonus + insurance payment from being rear ended (& even a little money from selling my other car) going towards a new watch in March. So I'll let her decide what we do with our tax return.

We have no debt, so I'm sure it will be something good.;-)
 
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WatchSniper999
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