Bangalore: Receiving your tax return is the happiest feeling one would ever get. It can make a big change to your financial condition. Most of us think on how to spend it and the first thing popping our mind would be to buy a new gadget, go shopping, eat, travel and enjoy. There's nothing wrong in thinking this, but at the same time planning for your future use is a better option to go for. Due to bad decision, we lose the money saved all these years. So, think before you do anything save for the future which would benefit you some day. Here are few ways on how to spend money for your recreation as well as in an economic way for the days in advance. Pay all your debts Use your refund money to pay off all your debts. Especially those with high interest like the home loan, car, credit card and other debts you have. This would reduce your load and make you relaxed. To spend the money this is a precious way. Few loans do have a chargeable fee to pay off the whole loan early; instead of using all your tax refund money to pay at a time. You can hold and use the tax money on your savings account.