Refund Quote by Clark Howard
““I’d prefer that you get no refund at all. If you are getting one, it means that you’ve made an interest-free loan to the government and your money has been working for them—not you—all year long.””
About This Quote
Source Interview: Consumer finance advice, date unknown
Accepting a refund is like giving the government a free loan; keeping it lets your money work for you.
In simple terms: Refunds are free loans to the government.
Keep your money.
Themes
Mood
Type
When to use this quote
- budgeting
- investment planning
- tax strategy
Key Concepts
Questions to Reflect On
- Do you evaluate each refund individually?
- How does this affect your cash flow?
Some refunds are necessary for error correction.