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.

  • stoy
    3·
    10 hours ago

    I work in the finance sector, I am IT guy with zero knowledge or interest in investing.

    Working in the finance industry binds me to additional rules, I can’t buy and sell stocks as I want to, I need pre-approval from the CEO of my company to sell stock for profit (I can still sell at a loss without pre-approval), I need to report any stocks I have to the company as well as any transactions.

    So I just don’t bother.

    I have got a few bonuses, and what I usually end up doing it just putting them in my savings account.

    If I did bother I would invest in funds, as they are often less volatile than stocks.