YVRLTN
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What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 5:03 am

If you received $20,000 into your bank account tomorrow, say from someones will, what would you do with it?? Go mad and blow it all, put it away for a rainy day or somewhere in between?

I would pay off my truck, buy new tires for it and a cover or canopy, buy a nice big fat lens for my Canon DSLR and put away the rest into a high interest account, maybe eat out a little more often.

How about you??
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OA260
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 5:16 am

I would get my garden totally re landscaped and then take a 14 nights cruise vacation.
 
TSS
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 5:26 am

I'd pay off all my outstanding debt, rent a car on my next trip (I usually skip renting a car because transportation from the airport to the hotel is complimentary and I don't really need a car while on vacation), and put the rest in a high-interest savings account.
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ManuCH
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 5:44 am

I would start getting my instrumental or twin engine rating.
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ShyFlyer
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 6:47 am

I'd take it and just blow it all on hats.



Seriously though, it would go a long way in building my new life. It should be able to take care of my credit card debt and have some left over to boost the savings account.
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ArmitageShanks
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 8:13 am

I would invest 15,000 outright.

The rest I would use to go on a few trips, outfit my apartment, and save as some rainy day fund.
 
MadameConcorde
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 8:25 am

I have no debt. I would take another trip around the world, not on the cheap this time but in style.

I would buy an Economy ticket, Star Alliance, flying with the best among them. Singapore Airlines, ANA, Air New Zealand, Swiss.

I would rather be spending the money on accomodation and food. I know how to get good hotel/resorts discounts.

I would spend most of the trip moosing around the Cook Isands, Tahiti, Tuvalu, Western Samoa, Tonga, New Caledonia and Hawaii. Also I would visit the Concorde at BGI and would certainly not miss out on a stopover at SXM. Bali would be another stop.

I would get a lot more out of such a trip than out of any cruise on the Queen Mary 2 or Queen Victoria.
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clemsonaj
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 1:08 pm

I would pay off my car. The rest I think I would pass along to someone else who could use it.
 
aero145
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 1:20 pm

Invest in new musical instruments. Unfortunately, $20,000 doesn’t really cut it, so it would even have to sell some stuff before.
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Confuscius
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 2:17 pm

I'd go to a casino and double it.
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eicvd
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 2:23 pm

I wouldnt spend it all, maybe half & keep the rest for a rainy day. Id probably spend it on a few more trips over to London to see my beloved Arsenal play, just go on a holiday somewhere with the girlfriend, or buy her a few surprises. Yes I really am a romantic deep down  Wink
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yooyoo
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 2:47 pm

Take my wife somewhere nice for our 10th anniversary and pay my house tax for this year and whatever is left, fix up the back yard (interlocking and a new garden shed).
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whappeh
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 3:04 pm

Be elated that I could move with out going into debt.
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Force13
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 3:05 pm

Hookers and blow.  Big grin

In all seriousness pay off my truck and buy a really nice bottle of Scotch.
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LGWspeedbird
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 3:25 pm

Id use some towards a deposit for a house and then treat myself to something nice.  Smile
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A332
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 3:35 pm

Put it away for a rainy day, like I do with the rest of my money.

Why the urge to spend?
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WarRI1
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 4:25 pm



Quoting A332 (Reply 15):
Why the urge to spend?

At a young age, save some of it, at my age, if you have been wise and have something tucked away, you should spend it. I do not like to buy green bananas, too long a wait for them to ripen.  Smile
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A332
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 4:48 pm



Quoting WarRI1 (Reply 16):
At a young age, save some of it, at my age, if you have been wise and have something tucked away, you should spend it. I do not like to buy green bananas, too long a wait for them to ripen.

Fair enough. However, one does have a lot more power when they have a big bank account... opportunities abound... plus you never know what kind of curveball life will throw your way, might as well have an abundance on the most precious commodity to make things easier & simpler...  Wink
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Fly2HMO
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 4:52 pm

I'd put it all to pay my student loans. And even then, that only covers barely 30% of what I owe  banghead 
 
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WarRI1
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 4:55 pm



Quoting A332 (Reply 17):
Fair enough. However, one does have a lot more power when they have a big bank account... opportunities abound... plus you never know what kind of curveball life will throw your way, might as well have an abundance on the most precious commodity to make things easier & simpler...

That is a true and wise statement. Like the Boy Scout Motto, "Be Prepared" and then spend. Money becomes worthless when you do not enjoy some of it. It is easy to get hooked on numbers, very addictive to some.  Smile
It is better to die on your feet, than live on your knees.
 
af773atmsp
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 5:08 pm

Spend some of it on a nice vacation to London. The rest of the money I would save.
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lhr380
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 5:10 pm

Put some in a high interest account, like half of it.

New top of the line cam that takes pics good enough for this site.

A nice holiday somewhere (Using staff travel) to get the most out of the holiday.
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LGWspeedbird
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 5:29 pm



Quoting LHR380 (Reply 21):
A nice holiday somewhere (Using staff travel) to get the most out of the holiday

We are already doing that LOL!!!
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lhr380
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 5:30 pm



Quoting LGWspeedbird (Reply 22):
We are already doing that LOL!!!

Yea, but I dont have 20 grand
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WESTERN737800
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 5:38 pm

I'd use it for a down payment on a house.
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MCOflyer
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 9:29 pm

Good question but i would most save it. All my needs are being met right now.

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stasisLAX
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 9:47 pm

Pay off high (and getting higher) revolving debt.... and a steak dinner at the best steakhouse in town.
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MarSciGuy
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 11:04 pm

Use half for this round of education, stash half for the wedding...anything leftover from either going into the replacing cars and/or downpayment fund...
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exFATboy
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 11:14 pm

Put it in the bank in case I need it for bills before I get a new job.

If not for the "unemployment' thing, I'd probably use it to pay down credit cards, with a "contract to myself" that next spring I'd allow myself to put a new Triumph America on one of those cards...

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757MDE
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 11:33 pm

Invest it towards finishing my flight training... I'd still be a few thousand bucks off though.
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seb146
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RE: What Would You Do If You Were Given $20k?

Wed Sep 02, 2009 11:44 pm

Pay my one loan and save the rest. Maybe buy some more shoes. I only have 50 pair, now...
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RobertNL070
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RE: What Would You Do If You Were Given $20k?

Thu Sep 03, 2009 7:30 am



Quoting OA260 (Reply 1):
I would get my garden totally re landscaped

Me too. At least my garden would get re-done. I've got my own design on paper. Besides that I'll have a new loo downstairs. Total = approx. €8,000.00

Oh hang on, $20,000.00 is 'only' about €14,000.00  grumpy  The other €6,000.00 I'll save for a rainy day.
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