What would you do with 50k?
 

ok, I just read an article where a guy in argentina found $50,000 in the trash, and promptly used it to buy a house, two cars, and a corner shop. He's being sued by the women who's maid threw it away.

Got me thinking. For starters, I know 50K won't get anywhere NEAR that amount of things here in the states, but it can get you stuff.

So, hypethetically, if you were handed $50,000, tax free, and you lived as you do now, only with NO DEBT'S at all, what would you do with the money?

I think I'd live here still, use some of it to put a good size down on a brand new vehicle, and then start my own shop. Maybe dance stuff, maybe lingerie. Or maybe a chuck e cheese.

But that's what I'd do with mine.

How bout you?

Well, first I would give half of it to my sister, even though she isn't speaking to me at the moment, she could definitely use the financial help. Then I would give $5,000 to my parents, because they deserve that and so much more. I would buy my youngest son a dirt bike, give my oldest son the amount of money that I had spent on the youngest and with the rest...I would take a trip out west :)

I'm starting out debt free, eh? Hmmmm....the possibilities!

We'd have a down payment on a house, with a photography studio in the basement (I'll be good enough to make use of it one of these days!). We'd plug some money into the baby's RESP and a bunch into our RRSPs. After that...who knows?

I'd put it down on towards the principal due on the house then refinance to lower my monthly payment. It'd be nice to eliminate the car loans, but they wouldn't hurt as much if we had a lower house payment.

I would do some remodleing on the house,then put the rest in the bank so ill be able to call in sick to the coffee shop someday when i retire

No, no, no... Think of yourself as debt free- meaning, you'd own your house and cars with no payments! ;)

Rent a large house with a yard to begin my school.

Oh...I understand now. Hmmm...I guess I'd blow it all on booze and women.

:D

$50,000 probably wouldn't last that long...so I am heading to paradise!!!!

Pay a few things off, and maybe take a vacation.

With $50,000 I would buy a couple fixer-upper homes, fix them up, and rent them out! That is of course being debt free when handed the 50K.

You know, I think I would take that vacation in Florida.

;)

Not enough for me! Haha, the car I want is 300,000 + !!
Erm.... however, it would make for a pretty nice new wardrobe, and the actual clothes to put in it- lol

Hmm since I'm already debt free 40k ok it would go into the bank and I'd just blow 10k of it on whatever. Probably strippers and booze.