Getting a large tax refund often feels like a financial relief, but in reality it usually means you paid too much out of every paycheck all year long. When your tax withholding is set correctly, you get to keep more of your money as you earn it instead of waiting for it to be returned months later.
When you understand this, it changes how you think about both your paycheck and your refund. You start to see that the goal is not to wait for a big moment in April. The goal is to have more breathing room every single month.
This post appeared at Dynamic Wealth Report.