America Saves Week: Saving the Extra

Every now and then you may come into some additional funds either through a bonus at work or your tax refund. It is tax filing season and many people are looking forward to those additional funds.

The impulse is usually strong to spend that money on something you want like new clothes or a trip. There isn't anything inherently wrong with that BUT you should seriously consider putting your unexpected windfall to work for you.

Earnest, a low-cost lender that refinances student loan debt, has a great infographic with helpful considerations to "save the extra" using your tax refund: