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#270 | Why Relying On Tax Filing Refunds Feels Like A Win But Hurts Your Long-Term Wealth - Financial Literacy, Financial Advisors & Wealth
Description
Weekly Wealth Update: A Make Better Wealth Decisions podcast dedicated to explaining how current events impact your portfolio and the wealth decisions you make. Tune in every Monday for commentary on how the news of the week affects your portfolio and your thinking.
What should you actually do with your refund right after tax filing season ends?
After another tax filing deadline, many people either scramble to submit last-minute paperwork or finally breathe once their refund hits—but most miss the opportunity to turn this moment into a financial reset instead of just another yearly cycle.
In this episode, you’ll learn how to:
- Use your tax filing refund strategically to eliminate high-interest debt faster
- Reposition your money into RRSPs or TFSAs to strengthen long-term financial growth
- Turn the post-tax filing period into a “fresh start” system so next year feels organized, not chaotic
Listen to this episode to learn how to turn tax filing season into one of the most financially productive moments of your year.
John De Goey's Books. Grab your copy from Amazon:
- Bullshift: How Optimism Bias Threatens Your Finances
- STANDUP to the Financial Services Industry
- The Professional Financial Advisor IV