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Home › Articles › Stay-at-home Moms and Dads › Toddlers and Tax Refunds

Toddlers and Tax Refunds

5 Ways to Invest in Your Toddler with Your Tax Refund

By Becky Lane

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Overall, family memberships are a great investment for parents looking to get their children out and about. And it makes those unpredictable outings with toddlers more relaxed, knowing that if your child falls asleep in the stroller or throws a horrible tantrum only 30 minutes after you arrive, you won't have wasted a full day's admission price.

5. Invest in Her Home

Investing in your toddler's home may not be the first idea that comes to mind, but it's one that will have benefits that last far after the toddler years – for your child and your whole family.

Now would be a great time to take that tax refund and turn her baby nursery into a big-girl room. Or finish off that basement for the ultimate playroom.

You can also look to the future and to your whole family's benefit by upgrading to a high-efficiency furnace, new windows or even solar panels to make your home more energy-efficient and give your toddler a safe, comfortable place to live in now and a clean environment to live in later. "Energy-efficient choices can save families about a third on their energy bill with similar savings of greenhouse gas emissions...," according to Energy Star (www.energystar.gov), a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy.

However you decide to invest your refund, if you put it toward something that benefits your toddler, it will be money well spent.

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