
Well, we finally got our tax return, or at least, the Federal one; the state return one seems to be taking forever! Anyways, you'd think that getting a tax refund should be a joyous occasion but, for you to receive a decent amount -- doesn't that mean that you must ultimately be "poor" or not making enough money throughout the rest of the year? That, or it means that wages are out of whack when compared to inflation of everything else. Rent can go up from $25 or more every lease period, gas prices can skyrocket, various credit card and other loans can have rates in the high 20%, and yet the minimum wage is still a sucky single digit (minus the cents).
There are people out there who make $5 to $7 an hour but everything else around them is going up. Even military folks don't really get crap income-wise, not if you consider the fact that they get paid the same monthly amount no matter how many hours they work, if they almost lost a limb, how long they're separated from family, etc. I should know, cuz I was barely making $900 a month at the low end of the totem pole when I first enlisted!
As for my family of 4, I don't think we've ever had to pay taxes; we always got a refund. So I guess that means we're barely getting by, even though we feel like we're doing ok...? Every year, my hubby & I would set at least half (to most) of our tax refund aside for emergencies - which we usually defined as necessities like rent, food, children's medical care, etc. Our kids came first. We could suffer and live out of a car if need be, but we would never allow our children to experience that.
The problem was that, when we did save a lot, it ended up disappearing soon after. Not because we couldn't keep our hands off the money, but because I think that the Universe has some special monitoring device and can detect when there's money to be spent on SOMETHING, even though it's earmarked for emergencies only. I swear, we never have any emergencies until we have money for those emergencies! It's odd how our vehicle dies, our home burns down, and pretty much anything you can think of -- only occurs when we've got something set aside.
There's been a time where I was a single parent and I got laid off, and barely made $500 a month from unemployment to cover rent and food for me and my son. We got by ok, and we had not ONE emergency then to warrant the use of any savings, because we had no savings. Yet once I got a job elsewhere and made at least double that amount, THAT's when the car acts up, the house burns down, the rent is due, and
everything hits you all at once. Odd, isn't it?
So this year, we are going to try to break this vicious "
The Universe is after your Savings" theory/cycle, and
rather than saving our tax refund for a rainy day that will inevitably come anyway, we are gonna spend it on ourselves. Yep, we are going to go the selfish route. We're tired of spending it on new engines and that sort of thing. This year, we are going to splurge a little.
We've purchased a 42-inch LCD full HD TV, which also required a brand-new TV/entertainment center. This also meant upgrading our cable tv service so that we could get an digital/HD signal. My hubby's been wanting an HDTV for decades, especially because of his Xbox360, so although he was nervous about buying it, he started to relax when he saw that we ALL liked it and benefit from it. So yeah, it's technically for the family.

We also went ahead and bought an extended service plan for it because when you've got our luck, plus 1 dog, 2 cats, and 2 active children, you never know what to expect.
A few days later, we let the kids spend a certain amount at their favorite store to buy toys, games, and what not. There was a furniture store nearby, so I asked my hubby if we could take a peek in there afterwards. Personally, I just like to look and dream, but it was also because I heard they had decent prices and I wanted to budget for furniture eventually in this lifetime kind of thing.
Now, you'd have to understand - we have no living room furniture whatsover, not since we lost everything in a fire years ago. All we had was a yard sale sofa for $1 that looks like brown plaid and is rough like tweed, and we had another yard sale recliner for $1, which we later found out it's feet were rusting, leaving marks on the carpet. I guess we figured that living room furniture was a luxury, not a necessity, and the kids' necessities and some lucuries were more important. Anyways, our couch has lost it's fluff, it's torn underneath, it eats everything from remotes to toys and even DS games, and the cats try to use it as a scratching post because of the tweed feel. It could easily win the ugly couch contest but I'd be too embarrassed to have my name and face printed next to that thing.

Anyways, I digress... We went into the furniture store and luck had found us. They were having a sale on these puffy, cushiony suede couches that were so comfy that even my 12-year-old said he'd trade his bed in for it. Hubby works odd hours so he does tend to fall asleep on the couch at times, which is why I have also dreamed of getting a chaise lounge, or a sectional with a chaise on one end. Anyways, the couches without recliners on the end were more comfy and cost less, and since it was a better deal to buy 2 couches that could seat 6, rather than getting a couch & loveseat combo, he asked me if I had a problem with us buying them right then and there.
Are you kidding?! And get rid of our brownish puke-colored plaid-tweed wing sofa?!
DUH! Of course we can buy it! LOL
There were only 3 colors to choose from: Sage (faded green if you ask me), Camel, and Chocolate. Oooh, I am a chocoholic, and our new HDTV sits on a dark mocha entertainment set, so I opted for the chocolate colored one, of course! They should be delivering it on March 26, although I wish we could get it sooner. Also, they said that if we bought anything else before it's delivered, we can tack those items onto that one, same delivery fee so it won't cost us extra to get it all at once. Great! Cuz now I need a coffee table, endtable, and maybe some lamps, and throw pillows, yada yada yada... Spend $pend spend...
Other than the HDTV, its stand, the living room furniture, and possibly a netbook for me (which can write off on our taxes since I'm a student), the rest of our money will be sitting in savings, where
the Universe will inevitably come up with some way to force us to use those funds on something we don't want to spend $$ on. But at least this time around,
we're happy, we all got things we've been wishing for, and our house is now starting to look and feel more like a home, and less like a shelter.
What about you, have you gotten your income tax refund yet? What do you plan to do with the money? Post your replies in the comments!