Most Americans are impatient when it comes to receiving their money from the government. I am no exception. I know I would check the mail box every day hope that my tax refund was there. As the years went by the IRS changed with the times, the tax refund was no longer in the form of a check but a direct deposit into my checking account. During that time I would stop by the bank and check my balance to see if it had arrived.

I learned through time what my tax refund really was. It was not a gift from the government as I thought it was in the early years. It was my money that I had already given the government. I investigated having an income tax loan one year and found the interest rate appalling. The price I would have to pay to receive my money was just too much. I decided I could wait the 10 days it usually would take to process my return.

I talked to my friends about this and found out that most of them would opt for the income tax loan. They just did not care about the amount. They all just wanted their money and they wanted it now.

The more I thought the better the idea sounded to me, give the government less money to start with. I looked at my deductions at work and that very next year reduced my tax return to just $58. This was easy; all I did was to increase the dependents I was claiming on my W-4 form. Now there is no reason for an income tax loan for me.