Cookie banner

This site uses cookies. Select "Block all non-essential cookies" to only allow cookies necessary to display content and enable core site features. Select "Accept all cookies" to also personalize your experience on the site with ads and partner content tailored to your interests, and to allow us to measure the effectiveness of our service.

To learn more, review our Cookie Policy, Privacy Notice and Terms of Use.

clock menu more-arrow no yes mobile

Filed under:

What to Splurge On With Your Tax Refund

Our shopping team on what they’d buy with some extra cash from Uncle Sam.

Racked has affiliate partnerships, which do not influence editorial content, though we may earn commissions for products purchased via affiliate links. We also occasionally accept products for research and reviewing purposes. See our ethics policy here.

Mondo Mondo Magician Ring
Mondo Mondo Magician Ring ($230)

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Today is Tax Day — the absolute last possible day of 2017 for you to file and pay your taxes, unless you were one of those super-smart advanced planners who filed for an extension.

Despite living in one state and working in another, I somehow get money back. The end of this story, though, is very boring: My small sum went straight to my credit card bills. If that wasn’t the case, I would have put my refund toward a vacation. But for the purpose of this post — a roundup of all the things our shopping department is itching to splurge on — I’d put it toward the one thing I’ve never owned: a really nice bag.

To my surprise, most of my coworkers picked things that, in the grand scheme of splurges, are relatively inexpensive. I applaud their frugality — especially in comparison to mine, which is maybe why I’m in debt and they are not. Take a look at what’s at the top of our very eclectic wish list below.

Fendi Peekaboo Micro Leather Shoulder Bag
Fendi Peekaboo Micro Leather Shoulder Bag ($1,550)

I’ve been complaining for almost a full year now that I don’t own a club bag — a small little black bag for just the essentials that I could take with me to a club, if I ever end up in one again (because sometimes you do end up in a club! And a bucket bag is not acceptable there!). This baby Fendi bag is about $1,000 more than I’d ever be comfortable spending on a bag, but it is exactly what I’m looking for, and, to be honest, I love the idea of owning one really nice, obnoxiously “designer” thing.

Elsewhere on the internet, I’m hankering for some truly perfect vintage Levi’s. Not the kind you fish out of the bins at overpriced thrift stores, but the kind that other people, like Denim Refinery, have sourced and perfected and also measured in 2017 sizes. This pair is the exact style and wash I want, but they’re $245 and I just... can’t. —Tiffany Yannetta, shopping director

Gucci black Horsebit leather loafers with Donald Duck appliqués
Gucci x Disney Horsebit Leather Loafer With Appliqués ($1,590)

I’m a very nostalgic person and a huge Disney fan — well, an Old Disney fan. When I learned Disney partnered with Gucci on a Donald Duck-inspired line of clothing and accessories, I knew I had to have at least one piece from the collection. What I want the most are these leather loafers, which are unfortunately out of my reach at $1,590.

Also, Balenciaga has this cropped striped shirt that would be perfect to wear this summer. Yes, it’s $445, and my mom will shame me if she ever finds out I spent that much on a striped shirt, but YOLO. —Victor Qunnnuell Vaughns, Jr, assistant stylist

Farris Nica Earrings
Farris Nica Earrings ($225)

I already spent my tax refund on paying off my credit card debt, which is a much more practical suggestion than anything else I'm about to say. But! If I could spend it twice, I would go jewelry shopping! There are so many pieces I want at the moment: these cute little onyx earrings from Farris, the Magician Ring by Mondo Mondo, every pair of hoops by Laura Lombardi.

I also want every pair of shoes carried by Mille right now (especially these rainbow-bright metallic sandals by MNZ for $421) and almost every dress in stock at Bona Drag (like this super simple lace-up front black dress by Mara Hoffman). Oh! And I'd also buy one of the new Reformation bathing suits. And this bathing suit by lingerie brand Lonely. And some of the lingerie while I'm at it, too. Crap, if this spending spree were real, I'd be back in debt. Cory Baldwin, shopping editor

A woman sitting on a bus, wearing an Anthropologie printed bomber jacket
Anthropologie Embroidered Solstice Bomber ($148)

I've been eyeing this embroidered bomber from Anthropologie for months now; it's not THAT pricey considering it's, you know, an entire jacket, but it IS expensive relative to how much I really need it, which is to say, not at all. I already have too many jackets of this exact cut and weight, and it makes such a ~statement~ that I doubt I'd want to wear it a whole bunch of days in a row. But it's so happy and sunny and lovely! Ugh, who am I kidding, I will absolutely have bought it by the time this post is published. Alanna Okun, senior editor

Acne white Adrian sneakers
Acne Adrian sneakers ($370)

If I were making a mini splurge, it’d be on this Noah Winged Foot Practice Top ($88). I still don’t own anything from the brand, and that enrages me more every day. This admittedly-expensive-for-a-tee tee caught my eye because Noah modeled the fabrication off this Patagonia rugby tee that’s lasted 37 years. A tee that lasts 37 years is certainly worth $88; that’s just over two bucks a year! On the larger splurge front, these Acne Adrian sneakers ($370) are perfect in every way but for the price tag. —Cam Wolf, menswear editor

Green suede top handle bag.
Simon Miller Birch Mini Tote ($435)

Not to be annoying, but tax day for me means shopping my own stories. I obviously can’t buy everything I write about — even though I would love to — so with my tax $$$, I'm buying the things I still find myself dreaming about days, weeks, even months later. The Laura Lombardi Curve Earrings ($98) are at the top of the list, without a doubt; I'm honestly shocked I don't own them yet. They're so simple but still over-the-top, and I love that; I'm sure I'll wear them too much.

I'm also really excited to finally get a spring/summer bag, which I’ve decided will be this Simon Miller Birch Mini Tote ($435). I'd been eyeing the brand's Bonsai Bucket Bag ($390) all fall, but ultimately decided a bag that even my iPhone 6 pops out of was not worth nearly $400. (I even told people on Twitter to shame me if I bought it.) The tote is still annoyingly small — you know, for the look — but it fits my phone and wallet, and even if I were to get crazy and try to fit a juice in there, that'd fit, too. —Tanisha Pina, associate market editor