re: I've been given $100K from an estate - Pay down mortgage, get new car, other?

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An admirable goal....but don't forget to live today. If I had a dollar for every person I know who saved for retirement & planned to travel then, but ended up too sick, too burdened by caring for others, or too fearful/set in their ways to actually seize the opportunities afforded by retirement's free time, I could retire myself tomorrow. Live today as you mean to go on. Don't kick the can of potential happiness down the road too far. The road ends.

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Very sound advice here. I'm 38 and as I grow older I'm living my life more and more what's stated here. Very early on, I was very tight with money and constantly worried about if I was saving enough for retirements, emergency funds, etc. My wife and I were always at odds with each other because I never wanted to spend money LOL! In her own little way she pointed out to me that what's the point of having money if you aren't going to use it to give yourself and/or the family experiences. I've always wanted to do things like travel, but never wanted to spend the money. What really helped me become comfortable was creating a budget.

But I'm going echo again what hungryone said.....

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Live today as you mean to go on. Don't kick the can of potential happiness down the road too far. The road ends.

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