How To Spend Long Awaited Extra Cash

You have been waiting nearly two weeks for your tax return to arrive. It's finally been direct deposited into your account. Now what will you do with it? You've already made a list of the possibilities:
• Take that vacation you have been wanting for so long
• Buy a new wardrobe
• Put a down payment on the new car you've been wanting
• Buy your significant other a special gift
• Buy the new grill you have been eyeing up for months
As difficult as it may be, it is usually better to keep yourself control in check and take a hard look at how to use this long awaited extra cash. Considering how you can best make your money work for you will benefit you in the long run.
Fix that broken appliance
Take a look around your house and see what might need fixed. When Wanda received her last tax return she couldn't wait to take a spring break trip with her girlfriends to Cancun. She ignored the fact that her refrigerator had been making strange noises for a few weeks now. Upon her return, she came home to find her fridge was no longer running. Not getting the small problems diagnosed and fixed can lead to shorter life for your appliances, which means more money out of your pocket to purchase a new one, or to fix a bigger problem in the future.
Pay off your car
If your extra cash can cover paying off your car, or even making a significant dent in the balance owed, you will want to consider paying off your vehicle loan. This will save you money in interest charges. It also means that you will have that much more money every month that you used to pay your car loan. This could mean more money put in a savings account, a movie night, or perhaps paying down a credit card.
Put money in a savings account
As boring as it sounds, this really is like giving yourself a gift to be opened in the future for unexpected bills or expenses. Whether your car breaks down in a month, or you have to take an emergency trip out of town, you will be thankful later that you had this money in your savings account. Having money put away and ready when you need it can give you peace of mind that if the unexpected happens you can handle it.
It may sound cliché, but, when getting that extra cash you have long been waiting for remember the saying "short term pain for long term gain". It may not be fun now to spend your cash responsibly, but it certainly will be worth it in the future. Having to wait for something you want now can save you a lot of hassle and worry months or even years from now.