My husband and I both work typical full time jobs and I was basically paying the minimum on my loans and credit cards. However, we recently inherited a very large collection of comic books dating all the way back to the 30's and 40's. Right now we are working on moving these books for additional income and so far the amount we're making is so great we've had to claim ourselves as small business owners selling out of our home. My question for everyone is, how should I distribute this additional income in order to help pay off debt? What is the smartest way to start using this money intelligently and productively? How much should I use to pay off current debt? How much should I use for long neglected improvements to my home? How much should I put in savings?
All thoughts and opinions are welcome!