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'How I'm spending my tax refund'

From getting a Tibetan terrier puppy to saving for an engagement ring, here's how six people plan to spend their tax refunds this year.

Saving for an engagement ring

tax refunds dave payne

When Dave Payne got his $120 tax refund, he promptly socked it away.

The Tarpon Springs, Fla. resident said the cash will go towards an engagement ring for his girlfriend -- who happens to be an accountant.

"I have a savings account that is dedicated to saving for the ring," he said. "It's kind of appropriate since she helped me get the refund that it be used for that."

  @melhicken - Last updated April 12 2013 07:16 AM ET

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