By Dr. Barbara O’NeillA service member is asking about smart uses for his tax refund. What should Personal Finance Management Program (PFMP) staff advise?Andia Dinesen, Military Saves coordinator, suggests the 30-40-30 plan for allocating tax refund dollars:Use 30% of the refund to pay off outstanding debt and/or catch up on outstanding bills.Earmark 40% for current use (e.g., family vacation or purchase of a “big ticket” item).Use 30% to jumpstart an emergency fund or for long-term savings. For the latter, service members can use Form 8888 to purchase U.S. savings bonds or arrange other savings deposits. See http://www.irs.gov/Forms-&-Pubs to download this form, and any other tax forms and publications, for the current tax year.Find more personal finance blog posts and webinars here. Follow Dr. O’Neill on Twitter!This post was published on the Military Families Learning Network blog on February 18, 2013.