Smart ways to use your tax refund

If you got a nice, big tax refund, the difficult part is figuring out how to spend it. Personal finance educator Hannah Sorensen tells us smart ways to put your refund to work.

1. Pay off debt
2. Add to your emergency fund
3. Start saving for a goal
4. Invest in your home
5. Invest in your education
6. Donate to charity
7. Invest in your health
8. Contribute to an IRA