Getting a tax refund can seem like a windfall and an excuse to buy something frivolous, but if you use the money wisely, you can make great strides in your finances or your career.

"Some people think of their refunds as a forced savings plan," said Gay Watson of Consumer Credit Counseling Service of Atlanta. "While that's well and good, perhaps the better choice is to adjust your exemptions and ask your employer to deposit a set amount each payroll period into your own interest-bearing savings account. This way, you can have access to your money all year, and it can earn interest."

"Some people, however, prefer to receive a fat refund check once a year.

"If you're getting a refund this year, use it wisely," Watson said.

Here are some suggestions:
Pay down your credit card debt. Paying off creditcards with the highest interest rates first is better than
paying off the lowest balance.

Build an emergency savings fund. Ideally, you should have three to six months' worth of living expenses in a savings account in case you lose your job. This fund also can be used to pay for car repairs, major household maintenance costs or other emergencies.

Further your career. Use the refund to take a continuing education class or to enroll in a specialty program. If you've wanted to explore career choices, a tax refund can help open the door.

Split the difference. If you can't bring yourself to save all of your tax refund, save at least half. You'll feel less guilty about spending the cash if you've saved some, too.

Think retirement. Fund your 2006 retirement programs with your 2005 refund. In 2006, you can fund a Roth IRA for $4,500 if you're younger than 50 and $5,000 if you're 50 or older.

Treat yourself. People in health care jobs often take care of themselves last. Use part of your tax refund to pay for a day at a spa, a pair of new shoes or something else just for you.

"Getting a handle on your financial picture can do a great deal to relieve stress and help you enjoy your work, your family and yourself more," Watson said. "When you have a clear picture of your financial health, you can better deal with life's emergencies and opportunities."