What would you do with $25,000
What would you do with $25,000
If you received an extra $25,000. What would you do with it? ?
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RayOfMySunShineМама дочки-младенца
Wow, so I don't check for a few days and there's a ton of responses. I was in an auto accident in 2014, filed a lawsuit because the lady said it was our fault. She effing rear ended us at a stop light, I ended up having back surgery because of it and we had to rebuild the engine on the VW. It was a vintage car. So upset about the car. But any way.... the settlement is about that. Figure I'll pay off debt and the rest of the year on the mortgage. Save a little and buy a few things for the house. The SO and I have had in different ways of spending the money.
Would your SO agree with what you replied to on this thread?
Pay to do a corse to get myself a better job and to get a bigger car then if any is left over put into my sons savings account ?
Get completely out of debt (except house payment).
Pay off the rest of my student loans, and credit cards.
Hubby and I both had the same idea. Save it, once we're ready to settle somewhere and he retires from the military, we'd build a house. ;)
I'd have my baby, and save the money to get a nice place to live and save half of it for him and use the rest to help me to be able to go back to work part time x
Have a lovely wedding (added bonus: il have the same surname as baby)! Then the rest would be spent on buying stuff for baby/getting his room ready.
Some for down payment on a house fund most for kids clothes and things maybe a second car
Pay my rent all the way up to when my year lease is up and get furniture and baby stuff with the rest (is it clear that im struggling? Lol)
Pay off my dept, probably give a little to my parents, my sister, my BIL and my MIL because they've been so good to us (part of why our debt isn't very high as they've all let us stay with them a few years ago when we had about a year of hard times). We would also cushion up our daughters college savings. The rest would either go towards the mortgage or we would save it
My cars paid off so id probably say lets pay my husbands car off. Then invest & save the rest! :)
My mother won at a casino $31,000 two years ago and $27,000 I think 4 months ago .. It didn't last her long the first time she can't even remember what she spent it on but this time she got a steal on a Harley Davidson edition f-150 and she paid off the little bit she owed on her home , bought a trailer because she loves camping and then I think she squandered the rest .. Now if it were me I would put it towards my bills and not my home as my mortgage interest rate is low compared to my 10-19% interest rates on my loans and credit card .. So $25000 would only cover maybe two of my loans which isn't even half of my debt ?
We get dividend payments this amount or larger several times a year. We used our last payout to pay for our move from WI to WA and furnish our new house.
This makes me feel better that I'm not the only one with debt and student loans and money stress!!! Sometimes I feel like I'm alone because people don't talk much about money because it's all about keeping up with the Jones' on social media these days! I would pay my car off and with what's left pay ahead on my rent and then save the money I make from work on the necessities and paying down my debt.
Dh got a bonus that amount recently. We are planning on redoing our back yard or putting it towards our mortgage.
Oh mane! Hmmm.....I would put half in the bank for my babies savings and use the other half for debt and another car.
I would put $5,000 into each of my 4 kids accounts, and renovate the basement with the remaining $5,000.
Wishful thinking...
Buy a new second car and move into our own place. Buy all the baby furniture and clothes you can imagine lol
My husband and I have twice come into some money and each time we paid off a car we already had and put the rest away :)
I am $250,000 in debt... It wouldn't go very far. ? I would put it towards my $50,000 student loan debt. I could almost pay off Navient which is something I am desperate to do. They're sheisters and deserve to be shut down.
Pay off our debt so that we can start saving for a down payment on a home (which still take forever in southern California).
Right now it's looking like 3 years to pay the debt and another 7-10 for a down payment. It's too long! And prices are just getting higher and higher so who knows...
We would probably relocate and use it to help with a down payment on a home. If we couldn't find a place to relocate to, I'd pay off my car or something. Then save the rest.
I'd pay off my student loans and put the rest toward my car loan lol after that i'd be almost debt free and that would be amazing!
Definitely put it on the mortgage. $25k now, when we're still new to the house (couple years) would go a LONG way to reducing the # of years and amount of interest we'll be paying off.
Pay off one of my student loans, and put the rest towards either my last student loan/other debt like credit card or invest in a new car for our growing family.
I would want to buy my husband the truck he wants. But I'd have to just go and do it. If he found out about the 25k he would want to put it I. Savings for the girls.
But he deserves something nice. He sacrifices a lot for us to have the best.
Use a little for our wedding. Open a savings account for the girls. Put the remainder in the savings account.
Pay off the rest of our CC debt and then pay off our car. What ever is left, I would divide 3 ways between my girls and stepson and put it in each of their savings accounts.
One of my employees just came into a compensation check for $40k. She's a young girl, 19. Initially she said she was going to get a car and go back to school. Everyday I go into work and she tells me all the frivolous things she's bought for her, her bf (no job, lives two hrs away, sees him every 4 months, oh and he's 27) and her dad (went to prison now lives with his mother). She bought a $500 tambourine because she thought it was pretty and spends hundreds of dollars on makeup everyday. So far I think she's spent $5k on junk. I cringe to think that this money could seriously make her future so much easier and she's just throwing it away.
I would pay off a little debt and then use the rest as a down payment.
Take $5000 for me and my partner then put the rest in a saving account for our baby boy :)
Pay off the last bit of my student loans and add it to our down payment for a house. I would also buy ds a big play structure for the new backyard.
Put some in stocks, some in our savings, and put the rest in a college fund for our baby.
I would do some home improvements like granite countertops and flooring, save a little, and put the rest toward my mortgage.
Pay off my vehicle loan and quit my job for maybe a year or 2! I'm due in Aug and won't get mat leave ?
Pay off my car and pay for this new baby to be born. If there was anything left over, savings
5k goes to the principle on my husbands vehicle. Then the rest of it is going into a high interest account for a down payment on our house we plan to purchase in a few years
Fix the water pipes in my home. Fancy up the outside of my home (flowers, playground, screened in deck). Put the rest in savings.
I wouldnt buy new couches for the simple fact my kids are young and would probably destroy it to quick.
But I could buy a bigger dining room table (ours currently seats 4 and there's 6 in our family)
I would go on a shopping spree at winners with my step daughters and let them spend some for their rooms.
I would put a bunch to groceries and stocking up (maybe even a deep freeze for the basement and stock up on meats)
Clothes for me and hubbs. (kids already have tons of clothes)
Maybe some new outside toys for our kids.
I would try to have fun with it.
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deleted-user
Get a reliable used car and put the rest in the bank
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