Depends on when I would think I need the money.
If more than 3 years i would put it in mutual funds.
If I think I want to take a high priced trip or buy a high priced toy in the next year or two, I would park it in a high yield money market account and try to get 1-3% interest.
Look up Dave Ramsey Total Money Makeover. It is a great way to get out of debt. The wealth building aspect of his philosophy some people believe in some people dont. But most everybody will agree his way of getting out of debt is one of the best.
My wife and I started late. We have saving 15% of our gross salary in Roth IRA and 401k (not including company match). We also are maxing out our HSA and pay majority of our medical expenses out of pocket so we are able to build up the HSA for the future.
We are paying extra on our mortgage...
1. If the home is your primary residence, you should not have to pay capital gains taxes on it. However you will have to pay taxes on the profit of the house, but there are exemptions depending on single/married. Not sure how this will be effected in a divorce.
2. If you plan to use the...
Preplan your month of spending with a true budget. Food, housing, utilities, transportation are the 1st priorities of spending. After that figure out where you can and want to cut.
Low lying fruit such as phone plans, cable plans, and other subscription services can get axed depending on...
I smoked for 12 years, one day I decided to not stop at a gas station and pick up a pack of cigarettes and to see how long i could last. I lasted 5 years. Then I had a really rough day, got drunk, and bought a pack. I picked up smoking again for the next 2 years. My friend told me about...
We got a good price when we bought the house but it our monthly mortgage was more than 20% of our take home pay. Luckily we refinanced to 2.75% last year so our monthly mortgage dropped. We didn't take any equity out, just got a lower rate but we still pay it like we were paying before the...
Keep up the good work.
My wife and I followed the Dave Ramsey plan to get out of debt. Paid $75k in 2.5 years to get out of debt. Took about another 2 years to save up our emergency fund and $30K down payment for our house. The mortgage is all we have in debt and we are working to pay it off...
Yep you guessed it. You build a large pyramid/stairway using milk crates. The middle of it is pretty high off the ground and you have to climb up and then back down it. You can imagine how wobbly and unstable the milk crates are. People fall off and eat dirt and the world laughs about it...
Sounds like a gimmick or single purpose knife really. Silverskin is easy to remove with regular boning knife even if you don't have decent knife skills.