I am going to be seeing a settlement from an accident pretty quick. I could have around $30K left after I pay off all my revolving credit, school loan, and medical bills(not related to accident).
My question is what should I do with what is left? Immediately it will go into a savings account, but I need to be prudent with it.
I am going to become a paying member of AR15.com, but I can't think of what else I should do.
I don't own a house, and my 2 car payments total $700 for 1 decent and 1 nice vehicle. I don't know that I want to settle down in Colorado, so buying a house right now is not close to the top of my list. I could pay off my vehicles and still have $5k left, plus saving a grand a month would be no problem.
I have toyed with the idea off going back into business for myself again, doing network consulting for med/small business, so the 30K would help out in the start up phase.
I have always wanted to have my own gunshop too, but I don't think 30K would go very far, and a start up would take some time before I could draw a salary.
So, what do you think?