How Americans Plan to Spend Their Tax Refunds in 2018

Sixty-two percent of Americans expect to receive a tax refund from either the IRS or their state, according to a recent survey by Credit Karma Tax. Of this group, more than half already know how they're going to spend it.

Here's a breakdown of how Americans plan to use the tax refunds they'll get in 2018, and the difference between the good and bad ways to spend an influx of cash.

Image Source: Getty Images.

Source: Fool.com