Tell me how to spend my bonus...

Original post by FutureJOC

Nov 22, 2010 03:53 PM

so I just figured out what my roundabout bonus is going to be this year and it's a nice chunk o' change.

Now I'm torn about what to do with it and I figure I'd get your opinions.

Here are my options:

1) Directly into the wedding fund

2) Directly into the 'house-after-the-wedding' fund

3) Pay it towards my lingering credit card debt

4) Put it on the side for the trip to Europe next summer for FH's cousin's wedding.

5) a combo of any of the above.

What do you girls think I should do? And yes I am being a good girl and not spending a dime on stuff for myself that I don't really need.

FutureJOC Posted: Nov 22, 2010 04:42 PM

Re: Tell me how to spend my bonus...

Posted by allornil

Congrats on the bonus. Unfortunately i voted credit card debt...but only bc there was no option for 'buy Amy boots'

sorry Amy - next bonus I promised you a new pair of kicks!

FutureJOC Posted: Nov 22, 2010 04:42 PM

Re: Tell me how to spend my bonus...

thanks girls! I was leaning towards the debt as well but wanted to get some input.

leesah85 Posted: Nov 22, 2010 04:43 PM

Re: Tell me how to spend my bonus...

Posted by PazzaRagazza

credit card debt!!!!!!!!! you dont want any of that!! its harder to get a house with debt try and get rid of alllll of it!!!!!!

ITA

Chanwich Posted: Nov 22, 2010 04:46 PM

Re: Tell me how to spend my bonus...

definitely pay off your CC! Not only will it help your credit but then you'll stop paying extra in interest and can save more for the house/vacation/wedding!

IrishAli Posted: Nov 22, 2010 07:07 PM

Re: Tell me how to spend my bonus...

Get rid of that debt!

Sorry, I am the voice of no fun! I say tackle the debt, then do something fun- like the house fund!

bebita0830 Posted: Nov 22, 2010 07:08 PM

Re: Tell me how to spend my bonus...

Def wedding fund so u don't maximize ur cc

CantWait2Wed Posted: Nov 22, 2010 07:09 PM

Re: Tell me how to spend my bonus...

Posted by FutureJOC

so I just figured out what my roundabout bonus is going to be this year and it's a nice chunk o' change.

Now I'm torn about what to do with it and I figure I'd get your opinions.

Here are my options:

1) Directly into the wedding fund

2) Directly into the 'house-after-the-wedding' fund

3) Pay it towards my lingering credit card debt

4) Put it on the side for the trip to Europe next summer for FH's cousin's wedding.

5) a combo of any of the above.

What do you girls think I should do? And yes I am being a good girl and not spending a dime on stuff for myself that I don't really need.

It depends on where the wedding in Europe is!

FutureMrsZ Posted: Nov 22, 2010 07:09 PM

Re: Tell me how to spend my bonus...

Posted by IrishAli

Get rid of that debt!

Sorry, I am the voice of no fun! I say tackle the debt, then do something fun- like the house fund!

Yes!! Pay it down and start the house fund. We were able to buy a house last march with 0 credit card debt...which was good when we had to max them out at home depot. LOL.

Swtdreamz6 Posted: Nov 22, 2010 07:09 PM

Re: Tell me how to spend my bonus...

Spend it on a house if you can!

BrideCarrieC Posted: Nov 22, 2010 07:12 PM

Re: Tell me how to spend my bonus...

suze orman would say to get rid of the debt!

kfizz Posted: Nov 22, 2010 07:23 PM

Re: Tell me how to spend my bonus...

ugh...i am totally in the same boat and in my case i'm putting it towards some debt and then wedding.

NellieBellie32 Posted: Nov 22, 2010 09:42 PM

Re: Tell me how to spend my bonus...

credit card debt.....u dont want to have debt going into buying a house

jettahot Posted: Nov 22, 2010 09:49 PM

Re: Tell me how to spend my bonus...

credit card debt fo sho!

FutureJOC Posted: Nov 23, 2010 07:42 AM

Re: Tell me how to spend my bonus...

thanks again for the advice girls! Definitely going to put all of it toward credit card. We are fine with the wedding fund and anything we have paid for (even if using the credit card) has been paid off right away so no worries there.

Thanks again!