http://www.mightybargainhunter.com/2006/09/17/using-a-windfall-to-pay-off-debt/ Personal finance, commentary, and spending less the easy way Wed, 17 Mar 2010 19:08:04 -0400 http://wordpress.org/?v=2.8.6 hourly 1 http://www.mightybargainhunter.com/2006/09/17/using-a-windfall-to-pay-off-debt/comment-page-1/#comment-10050 John W Wed, 18 Oct 2006 20:09:12 +0000 http://www.mightybargainhunter.com/2006/09/17/using-a-windfall-to-pay-off-debt/#comment-10050 To quote my dad, "the most expensive, recurring expense you'll ever have is a car. Never buy a new one." He still doesn't know how I can afford two (used) cars. After paying off debt, I'd look at an investment property. Something to bring in some cash. Not another "dodad" expense, especially one that keeps causing increased recurring expenses. To quote my dad, “the most expensive, recurring expense you’ll ever have is a car. Never buy a new one.”
He still doesn’t know how I can afford two (used) cars.
After paying off debt, I’d look at an investment property. Something to bring in some cash. Not another “dodad” expense, especially one that keeps causing increased recurring expenses.

]]> http://www.mightybargainhunter.com/2006/09/17/using-a-windfall-to-pay-off-debt/comment-page-1/#comment-8619 Matt Mon, 18 Sep 2006 20:25:06 +0000 http://www.mightybargainhunter.com/2006/09/17/using-a-windfall-to-pay-off-debt/#comment-8619 if I had a cash windfall like that the first thing I would do is get rid of any and all debt that I was carrying. This would free up more of my regular income to set aside for investments. I'd rather earn interest on my money rather than pay someone else for the priveledge of borrowing theirs. if I had a cash windfall like that the first thing I would do is get rid of any and all debt that I was carrying. This would free up more of my regular income to set aside for investments. I’d rather earn interest on my money rather than pay someone else for the priveledge of borrowing theirs.

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