{"id":3125,"date":"2014-02-28T03:04:58","date_gmt":"2014-02-28T11:04:58","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=3125"},"modified":"2014-03-01T00:11:33","modified_gmt":"2014-03-01T08:11:33","slug":"51-of-people-will-save-their-tax-refund-17-more-than-last-year","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/02\/28\/51-of-people-will-save-their-tax-refund-17-more-than-last-year\/","title":{"rendered":"51% of People Will Save Their Tax Refund, 17% More Than Last Year"},"content":{"rendered":"

\"2014taxrefund4_lg\"<\/a><\/p>\n

As the famed Benjamin Franklin quote (loosely<\/a>) goes: In this world, nothing is certain except for death and taxes. However, which of those certainties is the one more upsetting is up for debate; apparently, a sizable chunk of our readers (a whopping 32%, to be exact) fear the sight of 1040s and tax software<\/a> more than the Grim Reaper himself \u2014 which means the impending tax season may be spreading some serious gloom across the nation.<\/p>\n

And while another 23% of people actually said that they’d rather get a root canal<\/i> than do their taxes, the process doesn’t actually seem all that bad this time around. Last year, the average tax refund for an individual was $2,872. If that holds even remotely consistent this year, then a lot of you will have some serious dough in your pocket soon.<\/p>\n

What has<\/i> changed this year, however, is what everyone is planning on doing with that refund. In fact, 51% of our readers said that they would save the majority of their refund, up by a full 17% year-over-year. Conversely, only 9% of respondents said they would spend it, which is down 13% from last year. Clearly the consensus is that it’s a good time to remain frugal, and perhaps sock money away for a rainy day.<\/p>\n

For some more interesting tidbits from our tax day survey, check out the complete infographic below. And then be sure to let us know what you<\/i> plan to do with your refund this year (if you’re getting one) in the comment section below!<\/p>\n","protected":false},"excerpt":{"rendered":"

As the famed Benjamin Franklin quote (loosely) goes: In this world, nothing is certain except for death and taxes. However, …<\/p>\n","protected":false},"author":44,"featured_media":3126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[647],"class_list":["post-3125","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-tax-refund","mauthors-lindsay-sakraida","mauthors-dealnews"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/3125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=3125"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/3125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/3126"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=3125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=3125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=3125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}