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Reply to "What to do with 100k"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]1. How much at what interest rate? 2. What kind of car do you currently have? How old is it with how many miles? How far is your commute? 3. Where do you live now? Any home equity? How old are kids?[/quote] 1)We have about 20k cc debt at pretty high rate. I think maybe we can pay this first or at least half of it. 2)We have 2009 car with 160k miles on it. We have only on car and commute for one of us is 50min 3)We live in bad school district and if we sell will have around 150k in equity. I am pregnant with first, so we still have some time.[/quote] Well that was easy. #1 first. #2 second (<$30k). #3 third. Invest the $50k and wait until you have to move.[/quote]
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