Yes, now that you have gone and purchased a bunch of High MER Mutual Funds, for your RRSP, what are you going to do with that big fat tax refund you will be getting?

Some Suggestions:
- Buy a vacation that costs 4 times as much as your estimated refund, because you deserve it!
- Buy a new honkin Big TV, then forget you’d spent the money and put a down payment on a new car too, finally find another thing, so that you actually spend your refund 3 times over.
- Go back in time and adjust your tax payments, so that you have your refund money in your hands during the year and you don’t get a big wad of cash at the end of the year, that you are tempted to blow!
This really does seem to happen a great deal, that folks want to get big rebate cheques from the government, instead of filling in a form with your payroll folks to have less tax collected during the year?
Yes, I do end up with a tax refund, but not a big one, just enough in case I screw up or the day that this site suddenly makes me a fortune (I equate that with a lottery win), of about $1000 (it should really only be $200 as my goal, but I have screwed up a bunch of times on my taxes).
Why do people love big tax refund cheques, if it simply comes from buying RRSPs in February? I suppose it’s better than paying a big chunk of money because you owe, but I just don’t get it.
Some people like getting big refunds because they know they won’t have the discipline to save throughout the year, and if the government holds their money for them, then they can’t spend it (until they get their refund, that is).