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Northeast Gardening: Whaddya say 6 - Unexpected Money, 0 by victorgardener

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Subject: Whaddya say 6 - Unexpected Money

Forum: Northeast Gardening

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victorgardener wrote:
Got the idea for this one from Bill's 'problem' with his expiring airline miles and what to do with them.

So let's say you suddenly get a good chunk of money you were not expecting - say a few thousand. What will you do with it?? Take a trip. Go nuts with plants? save it? Invest it? Buy something - what??

My 'general policy' on this is to split it into thirds. One third goes to paying down debt - mortgage, home equity, usually, since I don't normally have credit card balances.

Another third goes to saving/investing - for us and/or the kids.

Last third goes to spending on something. Could be a better vacation. Maybe something for the house. Maybe a selfish treat.

What about you??