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Debt Destroy

If You Had Enough Extra Money, What Would You Do With It?


FreelanceMoneyMaker Rep Points: 495
Posted on April 1, 2009 at 7:48 pm
If I was in debt I would spread it out among all the bills I need to pay to keep most of the people I owe money to at least.. sort of happy & hopefully then the job i'm working covers the rest!If I am not in debt which I currently am not I would probably just save my money as a "rainy day fund" as well as put some of it into a savings account.

marie27 Rep Points: 130
Posted on April 1, 2009 at 7:54 pm
I would pay off all of my bills, buy a much needed family car something big enough for the family to ride in comfort, then I would put the rest in savings for a rainy day.

Asoma465 Rep Points: 5
Posted on April 1, 2009 at 8:01 pm
First thing I'm gonna pay all of my debt.After that I'm gonna use the money for making a bussiness.So, I Will never taking a debt again.

amazingheart Rep Points: 640
Posted on April 2, 2009 at 10:08 pm
$7K is a lot of money here in Ph, probably, I would use that amount for investing business,. of course I would seek people to guide what business would probably click nowadays..

sophie_dfuss Rep Points: 2,445
Posted on April 2, 2009 at 10:33 pm
With $7,000 I can start a business of my own, buy a big house, a car and a sail boat. I wish I can get money as much as that but I think its impossible.

tenchi18ph Rep Points: 1,140
Posted on April 2, 2009 at 11:00 pm
If I had that amount of money, I would say I will pay all my debts then invest the remaining half in the business then save the remaining as emergency fund.

froggpond Rep Points: 505
Posted on April 2, 2009 at 11:10 pm
If I had enough extra money and didn't need it I still think I would just put it away into savings for rainy days. You never know when you may need it for car repairs or anything else that may come up.

karu Rep Points: 605
Posted on April 5, 2009 at 8:04 pm
i would pey off debtsand save the remaining for safety...

koreangal Rep Points: 2,330
Posted on April 5, 2009 at 8:12 pm
I would get something i like and then save the rest into "emergency funds".

playapal Rep Points: 785
Posted on April 6, 2009 at 1:45 pm
Thank goodness I am finally debt free except for utility bills and monthly expenses.  If I had extra money I would bank half of it and give the other half to my kids to help them in their lives.
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