If after taxes you suddenly had $100,000 what would you do with it? Not me but someone I know...
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Give 10% to our church, pay off our house, finish lo's college fund, and go on a sweet vacation to bora bora if there was any left
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I'd probably invest most of it and use some of it to pay down our mortgage!
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We'd probably save it for a down payment on our next place so we could hold on to this condo and rent it when we move. Booooorrrrring.
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It would pay off our home.
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Just invest it.
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I would save it!
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Put it in savings.
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Pay off all of our debt, make a few improvements to our house (that would make it more sellable). Then consider putting the rest into the mortgage or selling this house and using as additional down payment.
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Pay off our student loans, and save the rest for a down payment on our first home.
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Probably just put it towards saving for a down payment. Housing is $$$$$$$$$ here, so it would almost be enough for a 20% down payment on a decent size townhome!
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Hand it immediately over to our mortgage or my student loans.
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Put it on the mortgage.
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same as @MamaG:
A few improvements
pay off debt
down payment for another hell and sell this one -
Student loans!
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Pay off debts
Home improvements
Savings. -
Home improvements
New car for DH
Invest/save the rest -
Downpayment for a new house...absolutely.
Prob do a couple updates to our current house to make it easier to sell first, though. -
Pay off debt
Take a vacation
Save -
Pay off our mortgage and then MOVE.
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College fund and invest while we try to find a new home to buy.
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New bathroom and then savings.
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@sandy: how does one end up with 100K after taxes?!?
I would first go on a super super relaxing vacation. One week with LO and the other week without. Both with DH of course.
Then remainder to go towards mortgage and house renovations!
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Pay down our student loans (that's right.. down.. not even off. sigh). And let's be honest... probably also go on an awesome vacation.
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@Mae: haha seriously. We haven't been on vacation - read anywhere fun or relaxing - in THREE years. I'm going on a flipping vacation.
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Pay down our mortgage, upgrade our bathrooms, and put the rest in savings.
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Pay off all our debt ( DH's student loans is the biggie), use some to put me through school, and then save the rest for a future adoption.
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Cover school tuition/expenses and then invest the rest! Vanguard FTW
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Invest half and use the other half as a down payment for a new house. I wish...
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Pay off student loans & car loans, then invest the rest for retirement and college funds.....and then I'd take that monthly savings from not having a car loan and go on a vacation. Or 5.
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Pay off some of my law school student loan. So sad that this wouldn't even cover all of it.
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Pay off our mortgage and my student loans. I'd have just enough to do both!
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Put it toward a down payment on a summer cottage!
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You guys are so boring!
I'd buy a sweet RV or tiny house and travel the country for however long I could. I would also travel to New Zealand, because having a ton of extra money lying around is about the only way I'm going to ever be able to justify the airfare for that trip.
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Pay off our business loan and put a down payment on a house.
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@locavore_mama: your company is acquired by a new owner and a portion of your stock gets paid out...and fortunately at a favorable valuation. Some people are getting paid tens of millions bc they have so much stock...i could not even imagine
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I'd invest the money in the stock market. Or possibly acquire another rental property.
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Use a big chunk for a DP on a new home and invest the rest.
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Buy our next house now rather than next year. Or maybe still wait a year and buy a nicer house.
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Pay off student loans and the rest towards the mortgage.
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