http://tightfistedmiser.com/2007/04/29/what-to-do-with-my-money/ Extreme Frugality - How to Live Well on Very Little Wed, 08 Feb 2012 13:09:39 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://tightfistedmiser.com/2007/04/29/what-to-do-with-my-money/comment-page-1/#comment-200 alex Mon, 30 Apr 2007 02:32:38 +0000 http://tightfistedmiser.com/2007/04/29/what-to-do-with-my-money/#comment-200 Savings! Open an IRA and dump the max in there per year. Retirement will be here before you now it. Savings! Open an IRA and dump the max in there per year. Retirement will be here before you now it.

]]> http://tightfistedmiser.com/2007/04/29/what-to-do-with-my-money/comment-page-1/#comment-199 Sick of Debt Mon, 30 Apr 2007 01:02:58 +0000 http://tightfistedmiser.com/2007/04/29/what-to-do-with-my-money/#comment-199 The order I'd recommend is health, emergency fund, credit card, Roth IRA. You don't want a medical accident to bring you back $10K in debt. The emergency fund would be next because you never know what may happen in the future (and it's so much more peace of mind to take care of an emergency with cash vs. credit). Then I would say the credit card so you don't get hit with interest charges. Last of course would be the IRA. The order I’d recommend is health, emergency fund, credit card, Roth IRA. You don’t want a medical accident to bring you back $10K in debt. The emergency fund would be next because you never know what may happen in the future (and it’s so much more peace of mind to take care of an emergency with cash vs. credit). Then I would say the credit card so you don’t get hit with interest charges. Last of course would be the IRA.

]]> http://tightfistedmiser.com/2007/04/29/what-to-do-with-my-money/comment-page-1/#comment-198 Willster Mon, 30 Apr 2007 00:32:14 +0000 http://tightfistedmiser.com/2007/04/29/what-to-do-with-my-money/#comment-198 Although it probably doesn't make sense earnings-wise, I'd probably go with building up an emergency fund and opting for health insurance before the others. It's always nice to have a little extra money in the bank should something unexpected come up. Although it probably doesn’t make sense earnings-wise, I’d probably go with building up an emergency fund and opting for health insurance before the others. It’s always nice to have a little extra money in the bank should something unexpected come up.

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