What to do with your tax refund?

For years, Americans have been saving their tax refunds or using the free cash to pay off debt. But, not this year. It seems that more people are willing to open their wallets and splurge using their refunds.

According to a survey by the National Retail Federation, people feel a little more at easy spending their refunds this year. An Irving real estate agent told us he will use his 3-grand to buy his son a new truck. Another woman told us she will use her housing credit to furnish her new house. 

All of that is welcome news to retailers who are hoping to see a leap of tax refund money coming in the doors. We'll see!