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Are you one of the millions getting a tax refund this year?  Maybe you've already got it but haven't spent it yet.  Your tax refund can be a great way to reach some financial goals.  Here are eight ways that you can spend your tax refund that are sure to make your life easier.

Repair Or Fix Up Something

If you've got something that's broken or on it's last legs, now's the time to consider fixing it.  Whether it's a leaky water heater, a dented bumper, or a room that needs re-painting, your tax refund can help.  In many cases, fixing or replacing something before it fails altogether will save over an emergency repair.

Set Up An Emergency Fund

Speaking of emergencies, now is a great time to put money aside in case one comes up.  An emergency fund is always a great idea.  Every household should have at least $1,000 set aside for this purpose.  If you don't, why not use some of your tax refund money to get this going?

Pay Down Debt

Why not knock off a chunk of debt?  Paying down debt is always going to increase your net worth, so definitely give it some consideration.  Maybe you have one or two bills that could be wiped out with your tax refund.  Getting rid of a payment or two is a big weight off your shoulders.

‘Pay' A Bill That Isn't Due Yet

If you've got a bill coming sometime over the next year that you might otherwise struggle, use your tax refund to help.  You don't have to pay the bill in advance, but put the money aside so that it's there when you need to pay it.  Good examples of this are spending on Christmas gifts or extra money to cover the air conditioning bills for the upcoming summer.

Save For Something You Want

Are you ready to plan that great vacation you've been thinking about?  Do you really need a better set of wheels sometime in the next couple of years?  Your tax refund can help with these or similar things.  You may not get it fully funded, but setting a chunk of money toward a big goal can go a long way to making it happen.

Stash It Away For Retirement

Most people don't have enough saved up for retirement.  If you fall into this category, consider sticking your tax refund in a Roth IRA or other retirement account.  A little now could go a long way later to living comfortably in your golden years.

Treat Yourself

Sometimes we all need to let loose and spend.  If you've got a good chunk of money, now's the time to let loose and buy something you normally wouldn't.  Here's the kicker though, don't use any more than 10% of your tax refund on this.

Split It Up

If you have more than one idea that strikes your fancy, whether it's from this list or your own ideas, split the money between them.  There's nothing wrong with tackling a few different goals at once.  Personally, our refund covers a variety of things like money toward vacations, car payments, car repairs, kids activities, and stuff around the house.   Do what works for you!

Readers, did you get a refund this year?  If so, how did you allocate it?  Please share with me and other readers in the comments below.  Thanks for reading!