What would you do if your income doubled?

I read this a few days back on Roo’s blog, Semiproper, and I found it really really interesting.

What would you do if your income suddenly doubled?

This really stuck out to me because money has been a hot topic in our house – having just gotten marred we spent a pretty decent chunk of it, and now, having purchased a house, we’re always talking about money.

Spending it wisely, spending less on coffee, saving more, eliminating our debt – all things that have become the stuff of our weekly conversations.

So when Roo blogged about this the other day, I thought about it.  What would we do if our income simply and magically doubled?

If our income doubled:

  • I’d pay more down on student loans, and get them paid down faster.  As of right now, I’m on the track to have them down in a few years, but shortening that time would be amazing, and help me to sleep better at night.
  • We’d save more.  Thankfully, my husband is awesome at saving, but having a nest – for a bad day, for our parents as they get older, for kids and a college fund?  I want more savings for that.  The thought of getting caught with my pants down like so many folks did a few years ago really scares me.
  • We would travel more.  I would just love love love to go places, anywhere, with my husband.  I’d love to go to Alaska, go to Hawaii, go to Greece, go to Bora Bora – just beautiful places where we can go hiking and swimming together without checking our email.  The thought just makes me so happy!
  • I would race more.  Right now, I race as much as the budget will allow – but I would definitely race more if I could afford a few more registration fees and to travel to where all these races were.

And that’s really all I’d like.  Not too much to ask is it?

What would you do if your income suddenly doubled?

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