@replaceyourmortgage: The Treasury Secretary just said what we've been teaching for 12 years. A tax refund is not a bonus. It's your money that you overpaid to the government all year, that they held at 0% interest, and handed back to you in April like they did you a favor. The average refund right now is $3,275. That's money that could've been in your account every month, working for you, reducing your mortgage balance, building your cash flow. Instead it was sitting with the IRS doing absolutely nothing. Bessent said fix your withholding. He's right. But step two is knowing where that money goes once it's back in your hands. Link in bio. #PersonalFinance #retirement #mortgage #homeownership #mortgagetips #financialplanning #moneymanagement
Changing your withholding will only allow you to keep more of your money during the year. Then when it’s time to file taxes you will not get a refund, you will owe.
2026-05-28 11:50:27
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Trenton McMillan :
I claim single and 0 dependents. I still owe money every year.
2026-05-28 23:56:25
1045
Sarah-Redeemed :
Yeah and then you’ll owe….
2026-05-28 04:43:10
2453
Keri Black Angell :
there is a tax withholding calculator online
2026-07-09 20:19:38
0
Robert Hannick Jr :
I never once got all my federal withholding back each year ever!
2026-05-29 12:46:17
8
Tommy Pulling98 :
I'm not giving no one $12,000
2026-05-29 17:01:12
5
Thorn rheinhold :
That’s awesome. This is how the administration solves the dying middle class and a toppling lower class. Change your withholdings.. Unbelievable. Is he gonna tell us where to find aluminum cans for recycling next week?
2026-05-28 18:04:27
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debgraning585 :
and pay it back at the end of the year
2026-06-02 22:00:46
5
123silly :
that only works if you get taxes back...don't do it
2026-05-29 20:44:18
7
Dav :
12000 dollar tax return for 16 months is 75 dollars a month....
2026-05-30 08:09:40
6
Old_trucking_dad :
Cut the child tax credit and no one would get a refund you are not over paying
2026-05-28 11:55:50
5
Juanita :
interest of what measley percent ? then that's income as well
2026-05-29 02:46:05
5
Dusty :
Yea u guys are correct but most can’t save to pay the difference they owe so they will pay in and be hurt … not a good idea if ur not invested in anything
2026-06-03 01:59:53
5
user6309038415755 :
Lump sum investment of $12,000 at 4% for 12 months is only $480.00 At 6% is $720.00.
2026-06-03 21:36:02
6
swntmapresents :
2chains
2026-06-20 01:52:04
6
Joel Roseberry 🇺🇸 🆘 :
Yeah. If you are smart about it. But most end up with a bill when it comes to tax time and that’s more painful for folks that are barely making it.
2026-06-02 17:10:18
6
thirdythree6 :
True but no investment is not risk free. The investment fails and now you cant pay the tax. The big thing is too many people are terrible with money. withholding more then what you need you get a refund and did not have to worry you will not have the money to pay taxes. Now you could do the math and only withhold what you need. But if you're math is off.
2026-05-30 12:26:00
5
Daniel Gonsalez Arispe :
If you get more money throughout the year, you can invest weekly and make interest. If you give it weekly to the government they make interest on your money all year. you will pay the same at the end but the profit if you invest is the difference.
2026-05-29 03:15:59
5
Canan Aygün :
wild that a govt official is basically like “stop overpaying us” lol. i’m gonna adjust mine and keep my notes in Equity Spotlight
2026-06-08 06:42:54
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bill johnson :
not. if you don't take the max amount outta each paycheck, they will say at end of year you didn't pay enough and you'll owe. I have tried a few different ways.
2026-05-30 15:09:38
5
Hollywood :
You want to get a close to $0 return as you can - you keep more and can invest it - it’s pretty simple to figure out - would u invest in a financial institution that has 3% return or 10%
2026-06-10 03:24:15
5
just_indy21 :
I did that one year and had to pay back taxes
2026-06-24 11:05:53
5
Pearlsworld57 :
You’ll end up owing at the end of the year. Don’t listen to this guy.
2026-05-28 11:56:27
869
Jenn :
This video is very misleading. If you do not pay enough taxes throughout the year, the IRS can charge you penalties and interest. Do your homework.
2026-05-29 23:22:31
7
oyeaitsme91 :
How do some people get thousands back that don’t work? Me and my husband claim zero and barely break even.
2026-05-28 12:13:43
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