It’s been a week since I got my settlement check. I was shocked, it was almost my full 60%(much less than 6 figures) There is still a chunk being held in escrow for the insurance lien negotiations. Depending on how those go I may get another check. I’m not counting on getting any of that back, I figure the insurance will get it all. If not, it will be a nice surprise for next year.
But this money is a blessing and a curse. I want to spread the wealth as they say, but not to my own determent. I bought my sister a very nice used mini-van, which is what she wanted. The understanding is that we are borrowing this money from ourselves and will be paying it back in over time. I also wrote a large check for new flooring for our house. It’s taking more than 50% of my remodeling budget, but hoping it will get K off my back about the house.
I put just shy of 25% of the money in an interest bearing savings account as an “emergency fund”. So in the case we have an unforeseen expense/emergency we can dip into that money instead of struggling and stressing over how we are going to pay for it.
Between the car, the remodel, the emergency fund, & my Tithe there isn’t really any “fun” money. It’s frustrating and a bit disappointing. I was hoping to get at least one good vacation out of this money…but being an adult, and placating my sister is more important…I guess.
I’m feeling just a bit blue.