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Your tax refund and the psychology of a windfall

February 6, 2018

Your tax refund and the psychology of a windfall

YOUR TAX REFUND AND THE PSYCHOLOGY OF A WINDFALL

Will you spend, save or invest your tax refund this year? That answer likely depends on how you perceive the money, according to research from Hal Arkes, faculty emeritus in the Department of Psychology. 

 

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