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The Watercooler
What is the wise thing to do with extra money?
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<blockquote data-quote="totoro" data-source="post: 144254" data-attributes="member: 3155"><p>I agree... about sending it to the board members!!! JK</p><p>We just rolled our debt over to the lowest &#37; accounts. Paid off as much as we could... So it was all in the lowest as possible. I agree it is important to keep 1 CC, for emergencies, credit checks, future purchases etc. </p><p></p><p>I also have done the pay bills ahead of time, especially when we travel... I will pay a month extra on phone, cable, heat etc.</p><p>It is really nice to have the break from bills... </p><p>I also always keep some cash in the house in a safe... whatever you can spare, it is supposed to be enough to live on for a month!!! But come on... I try to keep 500$ to 1000$ as an emergency stash... so if I had to leave or something horrible happened or if a repair man came to the house and needed cash... I have to use it all of the time... so it is not always there, but I try.</p></blockquote><p></p>
[QUOTE="totoro, post: 144254, member: 3155"] I agree... about sending it to the board members!!! JK We just rolled our debt over to the lowest % accounts. Paid off as much as we could... So it was all in the lowest as possible. I agree it is important to keep 1 CC, for emergencies, credit checks, future purchases etc. I also have done the pay bills ahead of time, especially when we travel... I will pay a month extra on phone, cable, heat etc. It is really nice to have the break from bills... I also always keep some cash in the house in a safe... whatever you can spare, it is supposed to be enough to live on for a month!!! But come on... I try to keep 500$ to 1000$ as an emergency stash... so if I had to leave or something horrible happened or if a repair man came to the house and needed cash... I have to use it all of the time... so it is not always there, but I try. [/QUOTE]
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What is the wise thing to do with extra money?
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