Do you have a tax refund coming? What are your plans for this money? If you have credit card debt or any other debt, you need to take that money and apply it to your debt. Do the same with any bonuses or overtime pay that you receive throughout the year and it will diminish your debt that much faster!
Also, if you are receiving a large refund, you should adjust your deductions so that less taxes are taken out of your paycheck. This means you get the money and not IRS. You can then apply this money to your debt. When you get a large refund, you are in essence loaning your money to the IRS interest free. This is not something you want to do. Believe me if you owe the IRS money, they will charge you interest and penalties.
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