>Tax Refund Time

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As Tax time rolls around we get the same advice every year.”If you get a large refund you are not managing your money well”. You know what? Tax advisers can be wrong, too.

The mathematicians, the anally focused financial advisers, the tax accountants who are so proud that they can calculate the amount of their taxes to the nearest decimal point all rush to tell the rest of how to manage our money, how to maximize the return on our investment to the nearest nano of a percentage point. Technically, theoretically, as mathematicians they are right, and if you have excess disposable income and are not struggling paycheck to paycheck to make ends meet this argument may apply to you, but this position does not allow for the fact that we are people, we are not all the same and we are not perfect and we react to all the variables of our lives as needed at the moment.

If you are the bread winner for a growing family and are lucky enough to occasionally earn a small bonus or a commission you will soon learn not to plan on spending that bonus or commission before you receive it, for most of my life every time I earned a bonus or commission on which I had designs, the unexpected occurred, braces for the kids, school books, back to school clothes, a school trip, a broken washing machine or oven, or a need to replace the family car. It was always as if a supreme being were giving me the money because he knew I would need it, and usually it had little to do with what I had planned.

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