Listener Mailbag: Tax Refunds, Saving a House Down Payment, and Refinancing

We've brought back the listener's mailbag. Today we're answering your family and finance questions about best ways to spend your tax refund, refinancing to pay off debt, and more! Tackling your Family and Finance Questions One of my favorite parts of creating Simplify and Enjoy is the community.  While I'm happy to share our journey as a family, it's fun when you chime in with your wins, stories, and questions.  Today we're going to be diving into your family and finance questions.  In this episode we'll discuss: How and where to save up for a big goal like a house down payment Wise ways to use your tax refunds Is refinancing your home to pay off debt a good idea?  We have plenty to cover so let's get started! Resources to Manage Your Money Easier Best Budget and Money Apps: Personal Capital, Tiller, Mint Grab Your Copy: Jumpstart Your Marriage and Your Money If you want to chat some more about creating better money habits, questions, or share your own tips please join us over at Thriving Families on Facebook. Thank You to Our Sponsor Coastal! Support for this podcast comes from Coastal Credit Union! If you're living in the Raleigh Durham area and looking to bank better, come check out Coastal today. As a credit union, Coastal serves its members first including an annual loyalty bonus. We've been members for years and love their service and competitive rates on checking and savings accounts! Rollover Your 401(k) Easily with Capitalize We're grateful for wonderful partners like Capitalize. Not only do they support the podcast, but they help make managing your money so much easier.  Did you know that it's estimated that there are currently over 24 million "forgotten" 401(k) accounts? In fact, the average American changes jobs every 4 years.  And because of the Great Resignation, you or someone you know might be changing jobs even more  It's an extreme case of out of sight and out of mind. Is your old 401(k) in there somewhere, left behind at a job you're no longer with? One huge benefit with an IRA is you get to choose how your money is invested, not your old employer.  If you want to consolidate your old 401(k) and have more options with how you invest, it may be time to roll them over into an IRA.   With Capitalize, they handle the process from start-to-finish – for FREE. They handle the process from start-to-finish, and yes that includes calling the 401(k) provider on your behalf.  Find out how and get started today!  Support the Podcast! Thank you so much for listening to the podcast! If you enjoyed this episode and found it helpful, here are some ways to support it. Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share. Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your review on Apple or Stitcher. Grab a copy of Jumpstart Your Marriage and Your Money.  Photo by EKATERINA BOLOVTSOVA from Pexels