If invested wisely, your tax refund can be a stepping stone to financial growth. Here are smart ways to build wealth.

Choose passive investing for simple, stable returns or active investing for higher risks and rewards. Ensure financial readiness by starting with an emergency fund and clearing high-interest debt.

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Acknowledging the need to use this money more wisely is commendable, especially at your age. At 18, you’re already thinking about savings, investments, and skill-building—this puts you ahead ...