u/TheDoOver14

I am looking at two extreme opposites, one is a $15,000 ultralight and the other is a $60,000 5th wheel. I have a new 3/4 ton so for the most part I can tow both (I understand pin weight and payload as I move tractors and oil field equipment). My wife and I have two children and plan on camping once a month, whether or not that happens I don’t know yet. I’m leaning to the ultralight as we are tent campers before we had kids so it’s basically just a bed and ac at night and plan to spend the day and cook outside. If we don’t go as often as plan it’s not a big financial loss and if we do then we can run the wheels off it and when I trade my truck in in a couple years I can get a dually and a large 5th wheel as I know we will use and what we wish we had. On the other hand should I just get a 8-10k lbs 5th wheel now and have the extra space, room for the kids to be spread out some and the luxury but run the risk of not using it much after a few months. I’m leaning towards the ultralight but I want to hear some expert opinions first.

I recently started a construction company (LLC) on the side about a year ago and have been doing jobs here and there when I can while also keeping my 9-5. My side income is about $3k a month while my W-2 is about $85-90k a year depending on bonuses. My wife and I just received a very generous offer from a family member to pay off our house, roughly $450k home. We would still pay utilities, insurance and taxes roughly $1k a month and have about $1,500 in other bills including vehicles, subscriptions, credit cards, gym memberships, student loans, misc. and we basically have no retirement accounts or investments. Our plan is to start paying off the debt asap but where should we prioritize the rest of our income and when should I take the leap of faith and go full time on my business? When I make 50%, 75%, or fully replace my w-2 income? My wife wants to play it safe and invest in the stock market and save in a CD account and keep my job. I want to max out my 401k with 6% company match while still employed and put the rest in a high yield account until I have 6 months savings and go on my own full time sooner than later.