Splurge or Save?
USA Weekend Magazine
August 12, 2001
We asked celebrities what they plan to do with their federal tax rebate check.

Star Jones,
ABC's "The View": I'm investing it!

Deborah Norville, host of "Inside Edition": Most likely it will just go in the bank account, and that's what I recommend everyone else do with their refund.  The temptation is to spend the money, but if you put it into a mutual fund and conservatively expect 10 percent average annual return, you'll have a lot more than whatever the government check is to spend on the future.

Kandace Krueger, Miss USA 2001: People should use the refund to treat themselves.  I will probably save mine toward a vacation--a cruise to Europe in March.

Catherine Hicks, of the WB's "Seventh Heaven": When you get your tax refund, donate half of it to charity--I recommend Catholic Relief Services.  They are in every troubled spot on the globe.  With the other half, have a night on the town!

Suze Orman, author "The Road to Wealth: A Comprehensive Guide to Your Money" (Riverhead Books): If you have credit card debt, take the $300 and pay off the debt.  That will save thousands of dollars in interest.  If you have no credit card debt, put it in a Roth IRA or traditional IRA.  If you have all the money you want, put it in an educational IRA for a child.  If you have a mortgage, use it as a start to put extra toward your mortgage payment.  If you have all the money you need, take the money and give it to charity.  I will give mine away to Girls, Inc., Books for a Better Life Award (benefits the national MS Society) and V-Day (checking/pr), Eve Ensler's group to aid violence against women.

Carrot Top, comedian: I live in California, so I'll use my refund to buy a gallon of gas so I can take my car out for an hour on the weekend.  I'll also spend a lot of money on my hair products.

Richard Hatch, "Survivor": I'll be sending my tax refund to Horizon Bound, my teen outdoor adventure program.

Judge Glenda Hatchett, of syndicated "Judge Hatchett": Whenever I get one of these little windfalls, I use a small part of it to treat myself, give a small piece of the money to charity and invest the rest.  Shoes are my weakness, so I usually buy a really fabulous pair of shoes.

Lorraine Toussaint, Lifetime's "Any Day Now": Don't even think about it--put it away, as if it doesn't even exist.  Later on, use the money as a down payment on a house.  If you are in a relationship with someone and you both do this you'll be in a house sooner than you realize.  Sometimes, even a small amount of money can get you into the place you will eventually call home.

Craig Kilborn, CBS' "The Late Late Show with Craig Kilborn": Cash it.  Spread it out on my big, fur bedspread.  Spray myself with PAM and then roll around in it screaming, 'hey, I feel like 300 bucks!'