Expecting a tax refund this year? It may be a good idea to hang on to some of that money. 25 percent of Americans plan on making a major purchase before their refund check gets there. That's 36 percent for millenials. And 40 percent for Gen-Xers.Suntrust Financial Expert Brian Nelson Ford suggests waiting and placing the money in a savings account until you decide how to use it, and holding back some of the money for unexpected expenses. He also suggests using the 50/20/30 rule. For more ideas on how to manage your tax refund money, click here.