redneck savings account
The intentional act of having too much income tax witheld from your pay, in order to get a big fat refund check at filing time.
Done by stupid people who don't realize they're giving the government an interest free loan all year.
Done by stupid people who don't realize they're giving the government an interest free loan all year.
Example:
Billy Bob: Got mah tax refund today - six hunnert some bucks!
Melissa: Ahhhh, you cashed in your redneck savings account.
Billy Bob: Huhhh?
Billy Bob: Got mah tax refund today - six hunnert some bucks!
Melissa: Ahhhh, you cashed in your redneck savings account.
Billy Bob: Huhhh?
Bum Savings Account
A Bum Savings Account is an old shopping cart, usually from Wal Mart or Value Village, that a bum has filled with bottles and cans to eventually cash in for a box of wine.