Money Minute: Why a big tax refund is actually bad for you

We’ve said it again and again, but with tax season coming to an end, we feel it’s important to reiterate: A large refund check is actually not a good thing when it comes to your finances.

If you receive a large refund, that means you’re paying a lot more in taxes than you should be.

Learn more in the video report above.

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About the Author:

Rod Meloni is an Emmy Award-winning Business Editor on Local 4 News and a Certified Financial Planner™ Professional.