Wanna be a baller? Shot Caller?
As someone who espouses (fancy word, huh?) the benefits of planning your monthly spending before it begins, one of my favorite things is when your expenses don’t go up, but you get an unexpected bump in income. For me, I used to just blow through my extra cash, like I did when I received my inheritance annuity, combined with an injury settlement to end up burning $100k in under 3 years! YIKES!
But today, I’m all about allocating any extra funds toward my goals, whether that be debt payoff, retirement funding, bolstering my savings account, or a ri-donk-ulously awesome vacation! And I would encourage you to do the same. Blowing your extra income is so 5 years ago! This year, take all of your extra dollars and cents and achieve your awesome 2013 goals much earlier. “How?”. I’m glad you asked!
iHeartBudgets is participating in a sweet-tastic $1,000 cash giveaway brought to you by StructuredSettlement-Quotes.com, America’s #1 structured settlement and annuity marketplace. To enter, “Like us on Facebook” and follow the instructions in the Rafflecopter widget below! (For an additional entry, subscribe to our blog)
And let me know what you’d do with an extra $1,000 in cold, hard cash!
I’d pay off some of my debt if I won $1000 in cold hard cash. Thanks for co-hosting the giveaway, Jake!
WorkSaveLive recently posted..How to Get Your Family On Board When Paying Off Debt
One word…Vacation!! I know not practical, but hey it’s honest.
Thanks for co-hosting!
John S @ Frugal Rules recently posted..Three Ways Advertising Companies Tempt You to Forsake Frugality
I am with John on this one. I would go on vacation. Sometimes you just need a break. Good to be co-hosting with you Jake.
Grayson @ Debt Roundup recently posted..The Day My Personal and Financial Life Changed
I’d put it right into savings to help my transition away from a FT job
The Happy Homeowner recently posted..Yes, My Boyfriend is Paying Me Rent
Buy a Kindle Fire HD and save the rest.
Kim@Eyesonthedollar recently posted..Improve Your Attitude: Turn Negatives Into Positives
I would use it for a category in my husband’s and I’s budget called “Funny Monney”, which is money that each of us has to spend on whatever we want and I would throw a chunk at our “date night” category as well. Specifically I’m really wanting a nice pair of cowboy boots, silly I know, but its the truth
I’d invest in a new marketing piece that would be professionally designed and then I’d use that to make more income. I love it when you can grow by investing in tools that help you grow.
Suzanne recently posted..Grow Your Skills to Grow Your Practice
I’d probably use the money to take bf to Vegas (I gave him this “gift” for Christmas), then I’d use the money I saved for Vegas to pay down our mortgage.
KK @ Student Debt Survivor recently posted..Think Yourself into Financial Failure
The extra money would go towards a vacation for my wife and I this year. She’s going back to school in the fall, so it looks like we’ll be without vacations for a bit. All for a brighter future, but I’d still love to take one now anyways.
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Thanks for co-hosting!!! I hope you are having an awesome new year so far!
Holly@ClubThrifty recently posted..Horrific Financial Advice from the New York Times
Looking forward to my first ‘Rafflecopter’ win!
Raymond recently posted..VidMN 2013
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I’d put $600 towards savings, $300 toward debt, and $100 toward a nice weekend of fun with my son!
Nice! Good luck