Make an extra credit card or house payment to reduce your interest costs
Consider buying a U.S. savings bond. You can purchase these bonds from most banks, credit unions, your workplace, or online by visiting: www.savingsbonds.gov .
Get an automatic payroll deduction that goes directly to some type of savings vehicles. You can set it up with a bank or mutual fund company, and start the account with your tax refund.
Contribute to an IRA. If you qualify for a tax-deductible IRA, you…