If you didn't have to pay CCs ...
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If you didn't have to pay CCs ...
| Wed, 08-26-2009 - 9:52am |
What would you do with the money?
If you could take the money you are now paying to CCs, or other debts you have, what would you do with that money every month?
For me it would be home repairs and cutting back to one night a week teaching, still working my regular job.


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I don't have CC payment (or I should re-phrase it, I do not carry a balance on my credit cards), but a student loan and mortgage. The loan is supposed to be paid off in 52 months; the mortgage in 15 years.
Once the student loan is paid off, I would like to split the extra money three ways. A third to the mortgage, a third to up my retirement savings, and a third to my "toys and travel" fund. According to my budget, the efund should be at $25,000 before then so I will not be adding more to it. With that I would like to get the mortgage paid off in 10 to 12 instead of 15 years. At which time the loft would probably need some major maintenance work/updating.
Save for a house. Many people take owning one for granted. I wonder how many ppl here don't have a home...
Take the kids to Disney. But that can wait, its never too late for that--maybe they'll pick hot springs and volcanos in Hawaii anyway :)
No credit cards.... what a dream, lol
1) Start saving for a house down payment
2) Start a college fund for DD
3) Save money each month for car down payments
4) Save money each month for electronics DH *HAS* to have
5) Increase my fun money
6) Increase retirement fund contributions
I'm sure there's other stuff but that's the big stuff
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