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One in four Americans have no idea if they'll get a tax refund this year, according to new research. <br/><br/>A survey of 2,000 U.S. adults looked at how many are thinking ahead when it comes to their taxes and found the percentage of those who aren’t sure if they’ll get a tax refund is up to 25% from 20% last year.<br/><br/>On the other hand, 43% anticipate getting a tax refund in 2024, slightly up from 40% last year.<br/><br/>The average respondent who thinks they will be getting a tax refund estimates that they’ll get back $2,023.50 this year, down from the average of $2,338.40 last year.<br/><br/>Conducted by OnePoll for Cricket Wireless, the annual tax time survey found that two in three Americans said that if they received a tax refund in 2024, they would use it in a more “mature” way than years past (67%).<br/><br/>Of those who anticipate a tax refund, three in five are relying on that extra income and 36% plan on saving it, compared to just 26% last year.<br/><br/>Half of those who have gone through a major life event like putting contributions into a retirement plan (17%) or getting a new job (11%) also said that they would use their tax refund to help financially support new changes.<br/><br/>However, a quarter of Americans admit to feeling stressed leading up to the tax deadline (28%).<br/><br/>What’s causing that stress? For many, it’s uncertainty over what to expect.<br/><br/>For instance, of those who experienced life changes over the past year, such as getting married or having a kid, only 38% knew that these events will affect their tax return.<br/><br/>Knowledge also plays a role in respondents’ uncertainty, as one in five couldn’t define common tax terms like “adjusted gross income,” “dependent” or “filing status.”<br/><br/>The economy is also a culprit for those who are less certain about their finances this year.<br/><br/>Only a third of Americans think the 2024 economy will be better than the previous year (34%), with 45% sharing that this perspective impacts their decision to spend or save their tax refund.<br/><br/>To combat this, a majority of respondents have done more budgeting (68%) and 44% have spent less money, overall.<br/><br/>“High inflation and an unpredictable economy make many Americans feel uncertain around tax season,” said Tony Mokry, chief marketing officer at Cricket Wireless. “For many, this is the only time of year that they receive a windfall and how they treat these funds oftentimes sets the tone for their year financially. We continue to encourage consumers to look for value where they can, particularly on recurring bills like phone plans.”<br/><br/>However, those surveyed are taking control of their finances, keeping track of them on their phone (51%).<br/><br/>While only half of respondents last year used a banking app (52%), that number is up to 92% of those who use finance apps today.<br/><br/>Mobile wallet (48%) and investing apps (42%) were also among the most common finance apps last year, and are still popular among respondents this year (66% and 39%, respectively).<br/><br/>Credit score management apps have also climbed in popularity (39%) and one in five have a tax filing app, too (18%).<br/><br/>To make use of their resources, nearly a quarter of those who own a smartphone will use it to file their taxes in 2024 (23%).<br/><br/>“It's reassuring to see that more people are using their phones to manage their finances,” said Tony Mokry, chief marketing officer at Cricket Wireless. “It's difficult to stay on top of it all, but having access at your fingertips takes the headache out of managing money, making it easier than ever to track your spending, budget effectively, and work towards your financial goals.”<br/><br/>Survey methodology:<br/>This random double-opt-in survey of 2,000 general population Americans was commissioned by Cricket Wireless between Jan. 11 and Jan. 16, 2024. It was conducted by market research company OnePoll, whose team members are members of the Market Research Society and have corporate membership to the American Association for Public Opinion Research (AAPOR) and the European Society for Opinion and Marketing Research (ESOMAR).
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MovieBitches
⏲ 45 minutes 29 seconds 👁 5.3K
CoryxKenshin
⏲ 46 minutes 57 seconds 👁 6M
A MOTHER of two refuses to hide her excess skin after losing 59lbs. Lidia, 27, from Texas, has gone from 201lbs to just under 142lbs after radically changing her lifestyle. Lidia’s diet consisted of fast food and soda but after noticing her weight gain was affecting her relationship with her husband, Lidia decided enough was enough and she started weight training. She also switched to healthy high protein meals with lots of fruit and veggies and lost 59lbs. Since she lost her weight, she has recovered from depression and her confidence has improved significantly - but on a downside, Lidia was left with a large amount of excess skin on her stomach. The 27-year-old decided to embrace her loose skin and says that it won’t stop her from reaching her goals: “Don't let that be an excuse to not change your lifestyle. Your loose skin will be part of your journey and will tell a story.”<br/><br/>Follow Lidia here:<br/> / lidia_inestroza
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theft king
⏲ 17 minutes 42 seconds 👁 365.1K
Stay Tuned
⏲ 1 hour 13 minutes 38 seconds 👁 79.2K
The news for renters across Australia just keeps getting worse. New data shows rental affordability nationwide is now at its lowest level in 17 years with wages failing to keep up with the increased cost of a lease. New South Wales has overtaken Tasmania as the worst state for affordability. Economists say there simply aren't enough rentals to meet demand, insisting the supply of new housing must be increased.
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Unveiled
⏲ 17 minutes 32 seconds 👁 11.5K
Blazing Freddy
⏲ 3 minutes 57 seconds 👁 347K
Fire crews from across the county tackled a major fire at a restaurant in Shrewsbury on Wednesday evening. <br/>The blaze, at The Curry House on Mardol, broke out after 8pm with fire crews and police called to the scene at around 8.30pm. <br/>Firefighters from Shrewsbury, Telford Central and Wem responded to the incident. <br/>According to the co-owner of the business, everyone got out of the four-storey building safely, although this hasn't been confirmed by the emergency services. <br/>Enamual Islam, co-owner of the business, told the Shropshire Star: \
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FOX 17 WXMI
⏲ 3 minutes 17 seconds 👁 6K
Daniel Juravsky
⏲ 34 minutes 14 seconds 👁 118.4K
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