Throw away because I have no intention of telling anyone, outside of my family and fiancé, about this money.
I’m in central CA and my family is selling our farmland. If we get close to what we are asking, I’m looking at receiving almost $250k.
I have about 15k in debt that I plan to pay off, I’d like to keep about 10-20k in savings, 10k in my checking and the rest I’d like to invest so I will have it for retirement, I’m currently 38.
I have no idea where to start and I feel really overwhelmed at the thought that I will no longer be living paycheck to paycheck. I honestly started crying when I crunched the numbers and got an estimate of what my portion of the proceeds will be.
The property is being listed next week and I wanted to start figuring out what I should do and get a plan together before I get my check.
Any help is greatly appreciated!!!
Edit: I will not be making any major lifestyle changes. My house is a rental and I have no plans of moving as most of my rent is paid for by my job. My car is a 2016 and I will have that paid off in a few years just making my same payment. I had got a 1% interest rate on the financing when I bought my car.
Submitted December 01, 2018 at 11:27AM by FPthrowaway250k https://ift.tt/2re8SWX
