thats what I am doing sort of this fall. I managed to swing a pretty good deal on my home and the value has skyrocketed. as soon as its sold, I am paying off a few bills, buying a honda 90 four stroke and maybe a used harley. I should still have enough left over to buy a 20 acre parcel in eastern washington in case I survive 20 in the military. I say spend it, unless if course as noted above your interest rate is horrible. in that event, sell the house first and use the profit to buy your stuff. either way have fun. hows that tune go live like you were dying?