When your debt is paid off will you continue to

**PrairieRose** · 03-10-2005, 05:46 PM

roll that snowball money over into a savings account, cd or invest? I've been thinking about this for a while and I think that once we have about a year's worth of living expenses (and believe you me we are no where near that) in savings, I'd like a fully funded emergency fund and then start investing the money.
Anyone else consider what you'll do with all that money?

**DaisyLady** · 03-10-2005, 05:52 PM

Once we have paid off our debt, we plan to put some money into fixing up our current house so that we can sell it and move the "boonies"

**homesteadmamma** · 03-10-2005, 08:16 PM

Once our debt is paid off, we plan on travelling and having a well funded EF account.

**Chea** · 03-10-2005, 08:40 PM

I'd like to have a fully padded ER fund, full contributions to our 401K and an AWESOME travling acct!

**rebecca** · 03-11-2005, 12:44 AM

Since my debt is paid off I am building up a 6 to 9 month EF and putting some extra money on my mortgage each month.

**britbunny** · 03-11-2005, 05:16 AM

When our first loan is oiad off in 2 months this will go into our emergency fund. When the next one is paid off it will go towards buying a new car. when the third is paid off (and the cash from the other 2 have done their job) this will all go on the mortagage.

It really is a big help knowing the end date of all of these debts so we can make plans for where the cash will go.