$1200 will go to pay of the last of our credit card bills. $7000 paid off since January, yea!
$600 will go into savings. We would like to pay cash this summer for the following (one, not both, depending on cash situation):
1. A playset (swings, slide, etc) for the backyard for the boys. Priced anywhere from $199 to $499 depending on materials (metal vs wood). I have been looking for used but can't seem to find one fast enough before it is gone!
2. A mini-vacation to Colorado (4-5 days). Denver is 7 hours west by car. We have family in Loveland and it's about the same time to drive there from here. We can stay with family 2 nights and friends 2 nights.
So, the $600 will sit in savings until we need it. After paying off the last credit card bill, I will have $500 in my budget each month that I had been dedicating to credit card debt. So I plan on beefing up savings with that.