I grew up free lunch in school poor, and now the company I work for is blowing up.
I'm getting a big one time payment this year because it's been a good year.
I don't know what to do with the money (no debt, emergency fund well funded, we save a significant part of our salary, because I'm paranoid about being poor again).
I don't know how to have money.
Edit:
My normal salary is about 60k. This year they had a major winfall that I spear headed, my total income will be over 150k plus my partner's salary.
We also get some paper income from a family company (the way the company is structured, we will have to pay on income that is basically just paying the mortgage, so we don't get a distribution, but have to pay the taxes). Our combined income will be over 200,000. It's usually at around 80,000.
My salary next year is likely to return to normal.
I'm incredibly lucky, I'm aware.
We're going donate around $5000 to local charities.
I'd like to put 20k into a college account for my kids (both under 5).
We don't have any expenses we've been waiting for.... One of us may have bought their first fancy purse... From the outlet.. On sale...
My dad has an investment guy that I considered putting money with.
That business I mentioned above is pretty much my retirement account.
I'm most concerned with taxes. Should I buy a farm? Are there one time deductions I should make? Should I go do that medical stuff I've been putting off?
Submitted April 22, 2018 at 07:17AM by SalleyfromtheValley https://ift.tt/2qTbpoC
