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Money and Finances
Reply to "what to do with a windfall"
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[quote=Anonymous][quote=Anonymous]The money was an unexpected (and much appreciated) bonus after a particularly well publicized success at work. We spent about $200 of it on a nice dinner to celebrate! Not sure whether to put it in an account that's restricted to education. We have 3 kids --- 2 in kindergarten, 1 in first grade. We have about $60k in 529s, across the 3 kids. We are planning to pay the equivalent of tuition and room & board at our state school, plus half of the difference between that amount and whatever school they ultimately decide to go to. [/quote] Then I would put it into an investment account but label it education in your quicken(or whatever you use). I might put $20k into each child’s 529 first that will go a long way towards your goal. [/quote]
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