In the next month my husband and i will both have some extra cash coming our way; I have some golden handcuffs maturing and he has stock options that will vest. I could use some input on how best to deploy the cash.
Option 1: invest per my investment policy statement asset allocation
Option 2: finally open that 529 for kiddo #2 and front-load it
Option 3: keep a bunch of cash in savings to pay for double daycare and other living expenses starting in a few months, and front-load my 401(k), reducing my take-home to almost nothing until I hit my yearly contribution goal
Not on the list:
Pay extra on the mortgage
Blow it all on hookers and booze
Other things I should consider?