I am getting LASIK in about a month to finally not have to wear glasses, which I've had since the sixth grade, anymore. Expecting the cost to be roughly $4000. Not getting it is not an option, I've wanted it for a while and finally got it scheduled.
While we don't live paycheck to paycheck, this is still a bit too much to just absorb in our regular costs, so I was wondering which of these three options makes the most sense.
1) My work just switched from FSA to HSA at the beginning of this year, so I no longer have to "use it or lose it" (otherwise I would have used this by default). I have contributed $2700 so far this year. However, I've been investing it and the account is currently worth $2900 (it's up roughly 7% on the year). I like all my positions and expect it to continue to grow going forward, but I could liquidate all of them and pay almost all of the cost with that money, and then basically just start over investing it again next year.
2) We have roughly $20,000 set aside for some kind of work on our house this spring, plus a little more from our upcoming tax return, to maybe add a second bathroom, or a mudroom, or fix up the basement or whatever. We haven't quite decided what to spend it on yet. I could just take $4000 from that and then we'd just have to do something that costs $4000 less when it comes time to spend on the house and not worry about this bill at all.
3) I could open a credit card that offers 0% for 12 months or so and just pay like $333/month for the next year, which would stretch our monthly budget a little but still be affordable. There is no worry that it would not be paid off by the time the intro period expires, and this would allow me to leave the HSA and renovation budget in tact.
What would you do?
Submitted November 04, 2021 at 12:26PM by pfthrowaway100k https://ift.tt/3q65tJj
