Post by
srellim234 »
https://forums.nicoclub.com/srellim234-u70891.html
Mon Feb 16, 2009 11:51 am
1/3 gets deposited into the IRA.1/3 gets deposited into a savings or money market account so it's available if we need it quickly out of necessity (house payment, medical bill, etc.).1/3 is considered "disposable income." We spent some buying clothes for the wife and kids, some buying bicycle clothes for me and parts for my bike, and some we are keeping as we discuss a couple of different things we've wanted to get but didn't have the cash for. We can't get them all so we're still weighing the priority order of them to see what we get now and what we get in the future.
We already have the credit cards paid off or we would be using the money for that.