Now that it is Tax Time, I thought this was an important subject. I know a lot of people wait for their tax refunds. But if you are getting quite a bit back, you are basically giving the government an interest free loan of your money throughout the year. It may be a good idea to look at your W-4 and see how many dependents you have listed. You can go to the IRS website at http://irs.gov and use the calculator there to see the difference in the amount of tax withdrawal based on the number of withholding allowances. If you lower the withholding you will be getting more each check and less at the end of the year.
One way to look at this is then you would have more each month to pay your expenses. Many people, when they get a large sum back in April, they treat it as extra or free money and use it on items they wouldn't normally buy. But if you think about it, it is really your money that you have paid in and let the government use interest free.