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WINDFALL!

March 11th, 2007 at 10:32 pm

The house is sold!

What we did with the cash:
- $18k went straight to the line of credit attached to the house
- $55k straight into a GIC for 6 mos at 4.2% interest
- $5180 to pay off the truck
- $5200 to pay the remainder of my student loan (I paid nearly 30k through plain ol' scrimping and saving)
- $7k in ugly credit card debt
- $5k not spoken for per se: $2500 in a savings account we can access, another $2500 to have as a safety net for the winter months (hubby is a painter and not much work over the Canadian winterWink)

Now, I realize this is a windfall, so I have gone to great lengths to impress upon hubby that we need to have 5k to put into the GIC come September when it matures... about $500 each a month should do it!

3 Responses to “WINDFALL!”

  1. PRICEPLUS Says:

    Paid the bills and with money to spare! Fortune has smiled upon you. Best of luck and I hope frugality remains second nature! Way to go!WinkSmile

  2. boomeyers Says:

    Woo hoo! Sounds like you can breath a sigh of relief! Congrats!

  3. Amber Says:

    CONGRATS!!!!!!!!!!!!!!!!!!!!!!!!!!! Nothing like being relieve

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