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 winter
)
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!
WINDFALL!
March 12th, 2007 at 05:32 am
March 12th, 2007 at 07:04 am 1173683057
March 12th, 2007 at 05:24 pm 1173720251
March 13th, 2007 at 02:57 am 1173754649