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Your e-mails: How are you spending your tax refund?

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(CNN) -- With W-2s arriving, many Americans begin thinking about how to spend their tax refund. Nearly half of those polled during last year's tax season -- 47 percent -- said they would spend their refund checks on paying down debt, according to a 2006 survey by the National Retail Federation.

We asked CNN.com readers how they plan on using an anticipated tax refund this year. Would they use it to pay off debt, put it in savings or indulge themselves a little?

Here is a selection of their responses, some of which have been edited for length and clarity:

Kimberly O. from St. Louis, Missouri
Shout it from the rooftops, I'm paying off my student loan! In full, every last penny!

Amy Dickinson from San Leandro, California
I have a sizable refund coming, so I'm going to do a combination. With $2,100 I'm completely paying off all the debt I accumulated from helping my mother out last year. Then, I'm going to spend about $300 on an upcoming convention and some war-gaming miniatures. The rest -- about $3,000 -- will go to my rainy day savings fund to boost it up to three months worth of expenses.

Jonathan Edwards from Orlando, Florida
Well, it looks like I'll be jumping in on the bandwagon by using my tax return to pay off my debt. Now, don't get me wrong. I'm only 20 years old and if I had the choice I'd rather be splurging most of it on myself. God only knows I deserve it. I would definitely want to save or invest at least 10 to 15 percent of it only to be somewhat responsible with my money. For the most part though, I'd rather be planning a nice vacation with my family to go anywhere.

Gloria Hopland from Gig Harbor, Washington
We plan on putting the refund that we get into our money market account and use it as our emergency fund [and] very little if any will be used to splurge.

Anna Guizar from Corpus Christi, Texas
I plan on taking a vacation to New York City this summer with my husband and son. My son will spend the night at the history museum. I have debt, but the debt will always be there. Time with my family without the stress of work or schedules will be worth the money spent.

J. Johnston from Lansing, Michigan
I spread my refund around. I paid a bit on credit cards, put some in savings and indulged myself a little with a new outfit and a massage.

Karen Pendleton from Lexington, South Carolina
I plan on splurging on a trip to Europe and paying off credit cards! The best of both!

Colin Moore from Boston, Massachusetts
I will follow my usual tradition and divide my refund into three equal parts: my IRA, my emergency money market account, and my regular savings account, which I give myself permission to spend on anything during the year. I've pretty much done it this way since I got out of college -- I used to also spend part of it on my school loans -- so I'm used to only having a fourth to a third of the money to use on fun, while the remainder helps to solidify my financial future.

Dan Post from Utica, Michigan
The wife and I plan to tile the kitchen floor, replace some carpet and go on a cruise.

Caryn Kimmey from Cornelius, North Carolina
I will be using my tax refund in two ways. First, I will be putting some money toward wedding expenses -- my own this fall and the five other weddings I am invited to this year. The remainder -- hopefully there is some left over -- will go toward paying down debt.

Jason Peters from Montrose, Colorado
We will be spending the majority of our refund on our daughter's new bedroom set. We have another baby on the way in August, so our daughter gets to move into a "big girl" room. Part of the money we will put in savings or pay down on our mortgage (same thing really), and some of it we'll use for a family vacation before the new baby arrives. I think we will go camping.

Jeremy Waldecker from Westbury, New York
I never get a tax refund. Why give interest-free loans to the government?

Debra Pope from Franklin, Wisconsin
I have a home equity loan on which I have written checks to pay my 19-year-old son's college tuition, approximately $3,000 per semester. I will be putting the entire refund I receive toward paying down the home equity loan (so I can write even more tuition checks in the future). So, you can consider this either paying down debt or paying college tuition.

Christy Long from Millbrook, Alabama
My vehicle is four years old and is in need of maintenance. My tax refund will buy a new set of tires, a new windshield and other minor vehicle maintenance items.

Billy Singletary from Cleveland, Tennessee
Unlike our government, I will employ fiscal responsibility and pay down my debt with any refund I receive. The government should set an example of fiscal responsibility for Americans, and perhaps the trade imbalance with China would disappear along with increasing deficits.

Jan Jackson from Toledo, Ohio
I'm planning to pay off a home equity loan, put money aside toward a new roof and, if there's anything left, get myself a new set of pots and pans.

Scott Schrader from Mounds View, Minnesota
My wife and I expect that we will pay down some bills and place some money into savings. We are considering using a grand to replace carpet in the bedrooms and might redo the common room in the basement this year as well. We're pretty handy and shop pretty smart for quality materials, so we can squeeze home project budgets until the bison on the nickel screams.

T.J. Wolski from the U.S. Air Force Academy, Colorado
We are doing a little bit of everything with our return this year. I plan on buying a camera that I have wanted for a long time. We are paying off a credit card. My husband is buying a couple of suits that he wants, and we plan on putting away about a third of it into savings for emergencies. This is the first time that we have received a refund this size and are truly celebrating it!


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