Hi, everybody! I just joined this morning, and I must say.... I've become quite the unproductive employee since then! I'd like to get some feedback from people to see what you would do in our situation because there has already been a WEALTH of knowledge I've come across so far in a ton of other areas.
I am very blessed to work for a company that gives us an annual bonus. In fact, mine is paying out this Friday. Normally, there would be no question what to do with it, but... Let me give you all the background info and then step back to see what you think.
My husband and I haven't actually conceived yet, but we are going to officially start trying in a matter of days. We have one more debt remaining (yay), and it is $5200. My bonus, after taxes, will be about $1,020. We are going the midwife/birth center route. It just so happens that midwives are less expensive, as if I needed another reason, but our health insurance is a high-deductible plan so no matter what we do we will have to pay a lot of money out-of-pocket. So here's my dilemma: do we put the extra money towards our debt as we have done in previous years, or do we begin saving up for the cost of our midwife and delay paying off the debt even longer than it's scheduled to take?
Another thing to consider is that my husband is in retail and does receive bonuses of varying amounts quarterly. I think I know what I want to do, but there is wisdom in the counsel of many. Thanks for your thoughts, everyone!