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Current Events > Wow guys I have $5,000 in my checking account right now

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EastKingStar
03/02/18 8:53:49 AM
#1:


I've never had that much before. I feel like a rich man. Like a king! I could do anything!
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Son of a Biscuit
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alt_no_1_loves
03/02/18 8:56:10 AM
#2:


Time to buy a yacht
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sig poll: buzz cola or duff beer
0 - 1 thus far (after like 2 years)
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EastKingStar
03/02/18 10:10:20 AM
#3:


I almost wonder if I should pay 2 months worth of mortgages so then I have nothing to worry about until May.
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Son of a Biscuit
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mirage_004
03/02/18 10:13:54 AM
#4:


EastKingStar posted...
I almost wonder if I should pay 2 months worth of mortgages so then I have nothing to worry about until May.


When you receive extra money, the best decision is usuEastKingStar posted...
I almost wonder if I should pay 2 months worth of mortgages so then I have nothing to worry about until May.


Better than blowing it off on things you don't need.
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Need a new signature here.
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Giant_Aspirin
03/02/18 10:19:21 AM
#5:


congrats on the savings!

EastKingStar posted...
I almost wonder if I should pay 2 months worth of mortgages so then I have nothing to worry about until May.


the only reason to do that is if you're not good at managing your money and you fear you'll be irresponsible with it before those bills will be due.

leaving the money in your account gives you flexibility to use it in case something else comes up. if you pay the 2 months of mortgage payments now and you have an emergency, like an unexpected car repair or a medical bill, those funds won't be available.
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Playing: Dark Souls III (PC)
(~);} - Get out the pans, don't just stand there dreamin' - {;(~)
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Sativa_Rose
03/02/18 10:40:27 AM
#6:


IRA
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I may not go down in history, but I will go down on your sister.
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FLUFFYGERM
03/02/18 10:41:30 AM
#7:


Do you have any debt besides the mortgage? If so, it'd make more sense to put that towards the debt rather than the mortgage.

If you only have a mortgage, unless you're going to be paying extra consistently until it's paid off it'd be pointless to make an extra payment here or there. You'd be better off retaining the cash for emergencies.
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Do good.
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Pokegen2013
03/02/18 10:42:17 AM
#8:


Find yourself a woman and watch it get blown in a month :^)
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.......In a sexual way
Psn: Gen_1_2_3/MHW: HR11 https://dynamosimulator.tapesoftware.net
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ApherosyLove
03/02/18 10:42:23 AM
#9:


Gimmie.
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I, Apherosy, Goddess of Love.
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HarryWarden
03/02/18 10:42:54 AM
#10:


Pokegen2013 posted...
Find yourself a woman and watch it get blown in a month :^)


LMAO
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Deadpool_18
03/02/18 10:57:16 AM
#11:


Ive got about a grand.
*shrug*
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We're whalers on the moon, we carry a harpoon, but there ain't no whales, so we tell tall tales, and sing our whaling tune.
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Master_Bass
03/02/18 10:58:34 AM
#12:


Sativa_Rose posted...
IRA

This. Look into opening a traditional IRA or a Roth IRA. I have a Roth IRA at Vanguard, but places like Fidelity are good too.
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Many Bothans died to bring you this post.
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Sativa_Rose
03/02/18 11:01:01 AM
#13:


Master_Bass posted...
Sativa_Rose posted...
IRA

This. Look into opening a traditional IRA or a Roth IRA. I have a Roth IRA at Vanguard, but places like Fidelity are good too.


Yeah I have a roth at Fidelity. I only chose Fidelity over Vanguard because Fidelity recently lowered their fees on a lot of their major funds so at least according to my research it was a better deal.
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