One good vacation and the rest in an account for the kids college fund (and mine too I might add!) With a 17 1/2 year old, a 16 year old (who wants to be a lawyer) and a 13 year old, I would certainly put the money to good use for education purposes.
Get the tree uprooted in our backyard (I have a hard time realizing this tree would cost 4K to remove)
Fencing on side/back of house--pretty white fence
New cabinets/counter/floor for kitchen
Well I'll likely be in this situation soon. 1/2 is going into long term savings and investments. 1/4 is going into an emergency fund and the rest is being spent.
I need a lot of dental work. I never got my permanent eye teeth so I have bridges. Because my 15 year old bridges are ok, it's considered 'cosmetic' by the insurance co. The bulk of the 'spending' money will go towards new bridges and making the teeth that the bridges are attached to look better.
The rest of the spending money will go towards any debt and if the home improvement projects we are looking at aren't finished it'll go towards those.
Put part of it in savings, pay off some debts, put enough of a down payment on a new van that I would have a small monthly payment, get some work done on my house, go to WDW.
Pay off car loan, get DH a newer car with good gas mileage and finish the basement so I can have my dream homeschooling room. That would about use it up but the leftovers would go into savings/retirement.
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