According to the Daffy Team, there are six smart ways to use your tax refund that can make a lasting impact: 1. Pay down high-interest debt: Using your tax refund to pay off high-interest debt like credit card balances can save you a significant amount in interest payments over time. 2. Create an emergency fund: An emergency fund can provide a financial safety net in case of unexpected expenses or loss of income. 3. Invest in home improvements: Using your tax refund for home improvements can increase your property value and save you money by avoiding loans. 4. Make progress on your big financial goals: Your tax refund can help you catch up or increase your investments for the future. This could include funding your retirement, investing in a taxable account, or saving for your kids’ college education. 5. Invest in yourself: Use your tax refund to invest in your personal and professional development. 6. Donate to a Donor-Advised Fund (DAF): Lastly, consider donating a portion of your tax refund to a DAF like Daffy. This is a smart way to manage charitable donations and can also provide significant tax benefits. Daffy is a great option for a DAF as it offers a simple and effective way to manage your charitable giving, allowing you to donate cash, stocks, or non-publicly traded assets like real estate, private business interests, and private company stock. Remember, the best use of your tax refund is the one that brings you closer to your financial goals.