The April 2010 issue of Campus Talk Magazine
contains two pie charts illustrating the difference between how Americans SAY
they will use their tax refunds and how they actually use it. In the graphic, 57 percent say they will invest or save their money, 21 percent will use it to pay down debt, 12 percent will use it on home or car repairs and 10 percent will give it to charity.
The chart illustrating how Americans ACTUALLY
use their tax refund reveals that 34 percent will use it to purchase the latest iPhone and iPhone accessories, 20 percent will use it on pay-per-view UFC championship fights and the remaining half of Americans will use it on various activities such as a keg party, NASA space camp, a NASCAR dream weekend, rent-a-celebrity for a day, revenge on an ex and a Kobe steak.
Obviously, this is a humorous comparison, but it begs the question: How should you use your tax refund?
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