There can be many ways to use your tax return. Pay off debt, build savings, buy a car, or do something fun, just to name a few. We have done most of those over the years. One of my favorite ways is using your tax return to fill your freezer.
Sure, it doesn’t sound super glamorous. It doesn’t even sound normal. But it can be an excellent use for some of your tax return. We tend to think about saving money in the bank when we come into some extra money but we don’t always think about getting ahead with household expenses. Using your tax return to stock your freezer or pantry can honestly be a smart decision. Here are some ways that you can do it.
Stock up right away- You could take some of your tax return and buy things right away. This is not a way I recommend. You still want to be smart and make that money stretch as far as you can. $200 can seem like a lot but it can go away in a hurry. If you need to buy a couple things at full price, do it. But do not do a massive stock up.
Shop sales over time- This is a way that I recommend. Set aside a portion of your tax return to be used for freezer and/or pantry stocking purposes. Each week keep an eye on sales and coupons to see things that you need to re-stock. Then use a portion of that set aside money to buy a few more extra than your normally would. Also keep an eye out for manager’s specials/marked down meat. This could happen quickly or it could happen over a period of a few weeks or months. That is all up to you, how much you are able to use from your tax return, how much you need, and your store’s particular sales.
Buy a grocery store gift card- This is something that I am doing for the very time this year. I took $80 and purchased a gift card to my local gift card. The only reason this gift card will get used will be when I find an excellent deal on meat but do not have the grocery budget that week to take full advantage. Now I can use the gift card to be able to buy those excellent deals! This gift card is not for regular groceries. It is only for those excellent meat deals. When the budget gets tight, the freezer gets low. This is to help prevent that issue.
If you are looking for creative ways for using your tax return and also want to continue a frugal lifestyle, consider using part of your return to fill your freezer. Having a full freezer can be handy on low paycheck weeks, illness, a new baby, or any other number of situations. If you do it wisely, it will also save you money.
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