The CASH Report Volume 3, Issue 1

Creating Assets, Savings, and Hope Volume 3, Issue 1 February, 2014 T T Season Edition! he ax Your Money Personality & Your T Refund ax The holidays are behind us and tax season is upon us. Remember your Money Personality from financial education class? Your personality might affect what you do with your tax refund. Maybe this is the time to work on changing your Personality. What You Will Find Inside T Squiggly Line Personality he The Squiggly Lines who bought everything on sale, including the things they did not need or did not even want, are probably paying off high balances on credit cards because they overspent for the holidays. They are hoping that their tax refund comes quickly before they pay much more in interest and late fees. They may be considering a Refund Anticipation Loan (RAL). Beware, RALs are extremely high-cost loans and most taxpayers have their refunds in less than two weeks. Some receive their refunds in as little as four days. Continued Inside • Money Personality tips for Tax Refunds • Make Two - Eat One, Freeze One Casserole • Program News and Important Reminders • Fun Financial Learning games for Kids Through education and asset building, the Creating Assets, Savings, and Hope Program empowers low to moderate income households to achieve financial self-sufficiency by teaching new habits of financial responsibility.