I am about to begin receiving a benefit to the tune of an extra $2k per month that I don’t have a need for. I’m fortunate enough that all my needs are met financially and this is truly bonus income. If it didn’t exist, my life wouldn’t change significantly, and it’s not enough to quit my job. Trying to get others thoughts on what would be good uses of this money that would benefit me and my family.
Thoughts:
- ALL_IN_VTSAX - hit FIRE goal earlier than planned
- kiddo’s college fund - hit funding goal earlier than planned
- do fun things - vacation fund, memories with family
- fund hobbies - buy things I don’t need but “lower-guilt” use of spare funds
Probably a combination of all of the above, but interested to hear the thoughts of others.
I’m also reminded of:
When you have more than you need, build a bigger table.
Curious of ways to help influence things in a bubble larger than my family too.
My father used to spend his bonuses on family trips. Back when we were kids, we had so many great memories with our parents. Father always made sure to take as many photos as possible.
Looking at those photos, makes me I want to do the same for my kids as I loved it to bits, but a bit difficult nowadays with everything being way too expensive.
However, I learned that trips, adventures, hikes, or any family activity builds trust, memories, relationship, and an opportunity to capture a lot of great photos for the future.