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Dumb Things To Do with a Tax Refund (or Stimulus Check!)

Tax time—that interesting time of year when ordinarily smart people begin to make really dumb financial decisions. Isn’t it amazing to watch what a little extra cash (well for some, maybe a lot of extra cash) lining the pockets can do?

Last year, the U.S. federal government paid out $260.9 billion in tax refunds, at an average of $$2,725 per refund. And 61% of taxpayers expect that this year, they’ll receive some sort of refund on their returns.

While there are many dumb ways to spend it, here are my top five …