How to spend your tax refund. The deadline to file your taxes passed...But those who have already filed, and are waiting for a refund, are thinking about what they're going to do with that money coming back. Do you blow it on a vacation or do some home renovations? Or do you pay off a debt or just save it? According to Lending Tree, nearly half of Americans (46%) say they plan to save their refunds this year. 37% plan to pay off some debt, and 22% say the money will go to pay household expenses. Surprisingly, only 8% say they will splurge on something.
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