Comments on: Saving or Spending? What Do You With Windfalls?

By: The Carnival of Debt Reduction - Emergency Techniques For Reducing Your Debt | Ask Mr Credit Card's Blog

Mon, 06 Apr 2009 18:56:28 +0000

[...] Almost Frugal presents Saving or Spending? What Do You With Windfalls? [...]

By: Jenny

Jenny — Sun, 05 Apr 2009 02:35:04 +0000

With our tax return, we paid off our trailblazer loan and stashed the rest in savings. Most of the remaining amount will be used to fund our upcoming adoption and a small portion will be used to fund our adventure race entry fees that we like to do in the summer. Jenny´s last blog post..~ Mercy Me 5K & Easter Egg Hunt ~

By: Tanja

Tanja — Tue, 31 Mar 2009 11:47:43 +0000

Mine will firstly fill up my basic emergency fund (500 euros), then I’ll split the rest between my debt and my new computer savings (old one breaking down, will last a few months longer though, so saving for it will fix that problem). I’ll get some more extra money that I’ll treat the same.
On top of that, the company I work for ’sponsors’ new computers, so if I buy one, they’ll give me a certain amount back. I will make sure I have enough in savings to buy it myself, and the ‘refund’ will then either go into debt (if I still have it then, I expect not, it’s only a small debt now) or savings.
I have not yet decided if I want to spend 5% or 10% on ‘instant gratification’. I might.

By: Kelly

Kelly — Tue, 31 Mar 2009 07:13:10 +0000

Sounds like most people will be saving their refunds! We get tax refunds in August in France, but I already know that we’ll be stashing ours away too.

And Nancy- good job saving for the dishwasher *before* you need to buy one!

By: Abigail

Abigail — Tue, 31 Mar 2009 07:04:45 +0000

I like the advice that strikes a balance: You get to spend 10% on something frivolous and throw the rest at savings/debt. This allows you to feel slightly indulged, but still be responsible. Abigail´s last blog post..Carnivals, now and later

By: marci357

marci357 — Tue, 31 Mar 2009 04:26:05 +0000

It’s big and it’s all going into savings.

By: Debbie

Debbie — Mon, 30 Mar 2009 23:02:18 +0000

We put most of it into savings and take a tiny bit $30-40 each and buy a treat for ourselves. I'm using my bit of money to purchase some high quality stationary. Small luxury I will enjoy. My husband will probably go out an buy a vinyl record or two. Debbie´s last blog post..Back to Work I Go.