What to do with $100,000 now!

Got $100,000? You can buy that vacation condo outright, get an executive MBA or make a big donation.

Think MBA

100000 harvard

If you haven't hit your peak earnings years, an executive MBA -- the kind you get while working -- can make a big difference. Workers who get an EMBA in their forties earn median pay of $118,000, vs. $71,400 for those with just a business-oriented bachelor's degree, according to PayScale.com. The differential starts to drop off, though, for workers in their fifties, who may be better off seeking a certificate.

While some top programs are pricey -- Wharton's San Francisco program is $179,000 -- the average student can expect to pay about $72,000, says admissions consultant Paul Bodine.

Among his top picks for around $100,000: University of Texas at Austin ($89,250) and the University of North Carolina's Global OneMBA ($102,450).

  @Money - Last updated October 01 2013 04:06 PM ET
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What to do with $10,000 now!

If there's an extra $10,000 in your budget, consider investing in low-cost index funds, buying a reliable used car or taking a European river cruise.

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