What To Do With That Extra Paycheck

      What should you do if you come into some extra or unexpected money?{} That may happen to you this month.{} This is a three paycheck month for many Americans. It's always a treat to get money you might not have counted on... whether it be an extra paycheck, a tax rebate or Christmas bonus. We asked some people what they've spent the extra cash on.{} The answers ranged from buying clothes to hiding it from an ex-wife.{} It may be a sign of the financial times, but we didn't find anyone who really squandered that extra money. has five suggestions for getting the most out of that extra or unexpected windfall:

      • Build your emergency savings funds.{} Set it aside in case you really need it.
      • Once that's done, invest the money in a retirement account.
      • Pay down debt.{} It'll save you money in interest and fees down the road.
      • Put the money towards an extra house or car payment.{} That could shave years and thousands off your payments.
      • Save for important goals, like for college, or a down payment on a house.
      What to do with that extra or unexpected money.{} It's a great problem to have during these tight economic times.