Ten thousand dollars is a lot of money to spend. I wish I had it,, if I did these are some things I'd consider doing with it! What would you do!?
If I wanted to buy a 100,000 house in Buffalo (which is totally possible becuz housing prices are different everywhere),,, that would be a 10% deposit right there.. on a house I'd own FOREVER!!!
I could install a hot tub and pool in my backyard if I already had a house.
I could redo my kitchen and get new sink, cabinets and marble countertops (I know this is possible my parents did it!)...ohhh and new floors!!!!
I personally, could probably host a really awesome wedding celebration with all those I care/would want to celebrate with and not feel limited to invite people based on cost.
Okay using "money chimp" If you put that 10k in only once,, and never added a cent more (which would be strange but not impossible... and let it grow until say we were 60 (approximately 30 years).. and did NOTHING to it except let it accrue its interest....
THAT 10k.. would have grossed to about 43,219.42!!!! Now can you imagine the things you could do with 43k when your 60!! That could help you retired, that could let you and your family take a vacation, or maintain health insurance in this particular economy,, or help your children who are older to finance their weddings or their college eduations, or their new homes.. or so many things.
10k... what else?
I could go to Italy for perhaps a few weeks! Maybe more!
I could go to Ireland for perhaps a few weeks! Maybe more!
I could pay my COBRA insurance for 22 months,,, TWO YEARS
I could put a deposit on a condo in Florida so that I could visit Disney anytime I wanted!
I could put it in a savings bond for my kids so they can use it to pay for school or offset their college loans.
I could take my kids to disney! Probably more than once!
I could probably build like 4 schools in Africa or something.
I could refinish the basement of a house to have a playroom for the kids.
I could fly myself and my family members to Ireland so we could ALL go together and see one of our heritage-cultures.
I could donate to the church, synagogue, Red Cross, Cancer Society, Roswell Park.
I could pay for 1/2 of a year of tuition at a SUNY College. Be it for my own child or for one in need.
I could apply to possibly 10 med schools.
I could help a family in need (there are SOOO many right now) to find shelter and support and housing.
I could donate 70,000 (SEVENTY THOUSAND!) pounds of food through the Foodbank of WNY
SEVENTY THOUSAND!!!! Thats about FOUR THOUSAND MEALS..
Four thousand meals for those to survive.
What do you think? What would you do with 10k??
What things are your 'guilty pleasures that you'd like' and what things would you do for charitable organizations if you had that much 'extra' to share.
I'd love to hear your thoughts!
6 comments:
What a fun game??!!
First off- the realistic answer is that I'd put 6,000 of it in my IRA, becuase that is the yearly max. Then I'd put maybe 2,000 of it towards the principal of my student loan. Then use the remaining 2,000 to buy something really fantastical for Michael as a big surprise. Most likely a trip to San Fransisco to see his Uncle Petey.
- The throw caution to the wind answer though is different.
-I'd TOTALLY go in on a Disney condo with you!!
-Or to visit Ireland!
-I'd also love a pool in our backyard.
-I'd buy extensive holiday decorations for Christmas, Easter, St. Patricks Day, Halloween, 4th of July, & Valentines day! To enjoy forever!
-I'd hire a financial analyst to advise us on how to save & spend the rest of our money, and save for retirment and college for babies.
-I'd start a scholarship fund at CCC named after my old theater teacher Clare.
- I'd start a college fund for Molly.
- I'd have another baby :)
-hire a personal trainer, and babysitter for while I work out.
- I'd get a LOT of massages.
-I'd put it in a secret account that I could dip into sometimes to surprise Michael and Molly with treats.
- I'd donate money to hospice, The cancer society, and St. Judes.
-I'd put all the money on my bed and roll in it:)
oooo great blog girlfriend!!! ok i would totally take the 10,000 and fix the kitchen at the lakehouse, (new countertop and penninsula, also add washer/dryer, and small dishwasher), and also gut the bathroom and add a bathtub! (now just has a shower) i think thats it...yup thats what i'd do!!!:)
I love the use of a babysitter and trainer, thats super funny Shan, and we totally could go to Ireland together and Disney!
And I too would want to roll around in it but I like the scholarship funds and paying off loans thing too!
Nikki I can totally see the lakehouse being your focus as its your 'baby' for right now too! love it!
argh. Depressing, but for us 10 k is not enough. I would pay part of our lawyer bills. Damn psycho ex wife.
Lucy Lu,,, The idea was if you had 10k EXTRA!!
Stopping by from SITS. $10,000 would put a small dent in my overall debt-to-income ratio, so what the hell... I'd donate a bunch to animal rescue, then deck my halls with some new duds...
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