For us it would go towards CC debt.

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That's great! Congratulations! i'd save some & if you're a little tight right now, i'd pay off some debt.

Here's hoping you can cut that $200 from your budget to stop working! You're so close!

Congrats on both the raise and being debt free!
For me, I would have to put it towards CC debt.

You should definitely put it into retirement. And who knows, if your house is paid off, you could retire early if you invest well!

Congrats on the raise. I would use it for bills but if I were you I would save or invest it since you really don't have any debt.

I was listening to talk radio this weekend and thought of you. What would an extra $200 a month in saving get you?

With compounding interest of 5%, after 10 years, you'd have a little over $31,000. At the end of 20 years, you'd have a little over $82,000. At the end of 30 years, you'd have over $167,000. At the end of 40 years, $306,475.71.

At that point, you'd have almost $1300 A MONTH of interest income and you'd not have to touch the principal.

That's above any other retirement investments you might be doing.

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