8/29/2012

What to do with Extra Income

When you are done paying your bills, the money you have left over could be put to use.

You could
  • Save in your 401k, which the CPAs would prefer to reduce your taxable income.
  • Save cash, building your nest egg for a rainy day.
  • Do home improvements, fix up your house.
  • Pay down your mortgage, as principle payments knock off time from your term.
  • Buy a 2nd home or piece of land.
  • Invest in the stock market.
  • Go to the casino and put everything on black, try your luck!
  • Do a combination.
Choice is yours.

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