I tell you what I did do with 30k extra income this year (my consulting biz pulled in 30150, just got all my 1099’s).
- Pay off 12k boat loan. (one of the dumbest purchases I’ve made, but now it’s paid for).
- Put a good down payment on my GTO. Needed to replace the wife’s car anway.
- Put the rest in savings since the wife is taking 12 weeks maternity and NYS pays about a 1/3rd of what she makes normally.