Many Millennials Are Using Their Tax Refunds To Buy Crypto: Should You?
According to the IRS, the average tax refund for the 2025 season is $3,271 as of March — a bigger windfall than many taxpayers will see all year. America’s 24/7 consumer culture offers no shortage of ways to blow it all for those who just can’t resist the temptation of shiny things.
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However, many others will put their refunds to better use by using the money to pay down debt, build an emergency fund or invest — and that last one is where things get interesting.
A new study from the consumer research platform Attest found that nearly one in four taxpayers plan to use their refund to…
