HI George, great to know that you can save $200/week. Assuming you are debt free at this time, you should definitely save the money, which racks up to about $800/month.
Here are a couple of options:
- If you do not have any use for the money at this time, lend it out via Kiva or Lendingclub or Prosper at attractive rates and a timeline that works for you, or
- Save the money for about 12 months in a savings account such CIT or Goldman Sachs Savings (both offer about 1.30%) and then use it as a down payment for an investment property
The idea is to make the money work for you.