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Thread: A more realistic amount...$100,000?

  1. #1
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    Default A more realistic amount...$100,000?

    I was totally going to post this last night, but didn't think people would be interested. I was actually wondering what people would do if they received $100k?

  2. #2
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    A team in our branch won that with a group lotto entry last week.

    Mine would be really boring: put it towards the house I just bought to ease the mortgage pressure.

  3. #3
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    I could possibly just build my Kennel out of that...hubby would have to do most of the work. But he build our house and Barn completely himself (with me as TA), except for the electricity, so he should be OK with it (LOL though we are a little older now)
    Pets are forever

  4. #4
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    Buy a car!! LOL

  5. #5
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    It's interesting to get people's perspectives on money from these things.

    Some people would just blow (sorry spend) it on presents for themselves and others, while other people would pay off debts. Then there's the people that would try to invest it to make more money for themselves in real-estate or the like (that's me) while others would give it to charity or to a good cause.

    It seems like such a large amount but is it really? I mean what can you really buy with $100k??

    Here's another question. Would your decision on how to spend it change based on how you received it? Eg, lottery vs compensation vs inheritance?

  6. #6
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    If I would have already have the basics covered - eg. own a house - I would invest it. But unfortunately I am nowhere near that stage yet. That's why I need that 10 mil!

    It wouldn't matter to me how I got it...

  7. #7
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    I would use to to pay down loans. When you think about it 100k is really nothing at all. I could spend that in a week if I wanted to! :P

    There is no psychiatrist in the world like a puppy licking your face.

  8. #8

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    Pay off debts, and invest the rest in my place. Do my carport, upgrade the cottage out the back, do my big wraparound verandah, the bathroom... There's no end to ways to spend it when you have renovating to do!!

  9. #9
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    Quote Originally Posted by Nattylou View Post
    Pay off debts, and invest the rest in my place. Do my carport, upgrade the cottage out the back, do my big wraparound verandah, the bathroom... There's no end to ways to spend it when you have renovating to do!!
    Lol when you have a house that needs renovating the list is never ending! Lol floors, painting, fixtures, bathroom, laundry, windows and window coverings... the list goes on and on! lol

    There is no psychiatrist in the world like a puppy licking your face.

  10. #10
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    $100k is pocket change these days, but I wouldn't turn it down.
    Honestly, I'd probably give a couple of thou to charity, spend 5-10k on a overseas trip, buy a newer car, and chuck the rest into sensible debt/savings type things.

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