What to do with 100k bonus

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If she would rather put the money on the loans instead of getting her a car then it must not be that bad for her. Put it on the loans.

1K for blow and hookers

I agree but at the same time I am really tired about her complaining that she has been without a car for such long time.

Once you pay that student loan down, you can work on saving a decent sized down payment for a car - don't eat out for month and cut other little expenses, it all adds up. As pointed out, you can get a practically new Corolla for less than 15K.

Nobody posting about making $200K+ is trying to scoot around in a Corolla. Cmon now!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If she would rather put the money on the loans instead of getting her a car then it must not be that bad for her. Put it on the loans.

1K for blow and hookers

I agree but at the same time I am really tired about her complaining that she has been without a car for such long time.

Once you pay that student loan down, you can work on saving a decent sized down payment for a car - don't eat out for month and cut other little expenses, it all adds up. As pointed out, you can get a practically new Corolla for less than 15K.

Nobody posting about making $200K+ is trying to scoot around in a Corolla. Cmon now!

I do.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If she would rather put the money on the loans instead of getting her a car then it must not be that bad for her. Put it on the loans.

1K for blow and hookers

I agree but at the same time I am really tired about her complaining that she has been without a car for such long time.

Once you pay that student loan down, you can work on saving a decent sized down payment for a car - don't eat out for month and cut other little expenses, it all adds up. As pointed out, you can get a practically new Corolla for less than 15K.

Nobody posting about making $200K+ is trying to scoot around in a Corolla. Cmon now!

People who make $200k and are in $120k in student loan debt need to drive a Corolla. Cmon now!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If she would rather put the money on the loans instead of getting her a car then it must not be that bad for her. Put it on the loans.

1K for blow and hookers

I agree but at the same time I am really tired about her complaining that she has been without a car for such long time.

Once you pay that student loan down, you can work on saving a decent sized down payment for a car - don't eat out for month and cut other little expenses, it all adds up. As pointed out, you can get a practically new Corolla for less than 15K.

Nobody posting about making $200K+ is trying to scoot around in a Corolla. Cmon now!

Op's wife currently doesn't have a car. A Corolla would be a huge step up for her. When the rest of the student loan is paid off she might even be able to upgrade her vehicle if she wants to.

[Anonymous]

OP, do you have an emergency fund of 4-6 months of expenses set aside? If not, that firsr.

[Anonymous]

This makes no sense. Your income is 270k. Unless you have five kids, you can put it all towards your loan and afford a Corolla. (It will be tough to get one of 12-15k though, unless it is very old. They really hold their value).

[Anonymous]

What are the interest rates?

[Anonymous]

Anonymous wrote:OP, do you have an emergency fund of 4-6 months of expenses set aside? If not, that firsr.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:If she would rather put the money on the loans instead of getting her a car then it must not be that bad for her. Put it on the loans.

1K for blow and hookers

I agree but at the same time I am really tired about her complaining that she has been without a car for such long time.

Your wife sacrificed by going without a car to pay off her loans, and now you're "tired about her complaining" so you want her to continue sacrificing, while you have a car, until you've paid off your loans too? What a mensch.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP, do you have an emergency fund of 4-6 months of expenses set aside? If not, that firsr.

+1

We have 20k saved.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If she would rather put the money on the loans instead of getting her a car then it must not be that bad for her. Put it on the loans.

1K for blow and hookers

I agree but at the same time I am really tired about her complaining that she has been without a car for such long time.

Your wife sacrificed by going without a car to pay off her loans, and now you're "tired about her complaining" so you want her to continue sacrificing, while you have a car, until you've paid off your loans too? What a mensch.

Wife works from home but we live in the burbs, so she has to wait for me to go to gym, etc. So it’s doable but really inconvenient. She pretty much stuck at home without a car all day. She had a car before we moved and it was nicer than mine, so we upgraded that one to a new one and decided we going to use one car for a while. That turned into 5 years. I must add the income on my side just went to this much and it’s a first bonus. So it will be going up from now on probably but I am not sure by how much.

[Anonymous]

All to student loans.

[Anonymous]

$5000 - vacation
$5000 - savings
$10000 - used car
$30000 - student loans

[Anonymous]

Anonymous wrote:Only get her a car if she will do Uber with it to help pay for it. No more free-riding.

Wow, you’re a loser.

[Anonymous]

Anonymous wrote:80K onto student loans

19K new-to-you car for wife

1K fun money

what about the part that goes for taxes? I assume that the 100k is before taxes.