Paying a little extra tax may sometimes be the best option when viewed in the wider context, but the decision to do so should be made after all alternatives have been explored.
Not exact matches
You can also decide whether to make a lump sum prepayment (possibly coinciding with a
tax refund or bonus check), or
pay a
little extra each month.
Some of the biggest achievers are using
tax refunds to
pay off their student loans, so a
little extra money they would have gotten right now.
Even if the price falls a
little, you might be up in the net compared to
paying out an
extra 10 % or more in
taxes on your gains.
That way you save on your
tax bill while buying the things you'd need to purchase anyway, giving you a
little extra money every April to
pay down debt or invest.