Experts urge financial responsibility with tax refunds
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an interview Americans accruing debt and lagging in personal savings
For those of us who will be receiving a refund check from Uncle Sam this April, the temptation may be to blow that cash on some new summer apparel instead of on more financially sound options. Whether it is reducing high interest credit card debt or maxing out a retirement fund, University of Minnesota experts who can explain the best ways to make use of tax refunds are:
Cindy Petersen, University of Minnesota Extension educator
Petersen can discuss savings options no matter how large or small the refund and for either the short or long term. As a family resource management educator, she can also explain how to get out of debt and use credit wisely.
Sharon Danes, University of Minnesota family social science professor and Extension educator.
Danes can discuss the best ways to be financially responsible, follow a budget and maximize retirement savings. She specializes in family financial management.
To interview Petersen or Danes, contact Patty Mattern at (612) 624-2801.
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