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You just inherited $10,000. What do you do??

Answered 2 days ago


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Answers

ANSWER
2 days ago
Drugs and hookers

ANSWER
2 months ago
It's not a life changing amount for us. When we get unexpected money, tax returns, anything, whether it be a few hundred or a thousands we ask 'where does it need to go?'. It's usually some to travel savings, most to mortgage, sometimes to maintenance stuff.

You'd be surprised how many people immediately brag what they'll spend extra $$ on without thought for paying off debt etc.

REPLY
5 days ago
Travel isnt a neccessity its something people do to brag about sorry but its true.

REPLY
5 days ago
Lol I travel often, less with all this covid crap cause we can’t go far?!?
I often don’t tell people or post on social media that I have randomly packed the kids off to the beach for the weekend because I found a bookings.com special while sitting on the toilet on Thursday night, they would think I am bragging but really I would rather bugger off to the beach then clean my house over the weekend

ANSWER
1 year ago
10k is not a lot of money. Not life changing at all. But it might be for someone really struggling?
I would pretty much pay off a chunk of my mortgage with it.

REPLY
1 year ago
For a single mum living paycheck to paycheck it could mean a lot

REPLY
1 year ago
I agree with both. It's not a lot but could help a lot.

REPLY
2 months ago
For me $10k would be life changing. I currently have almost $9.5k in savings, having that sitting there means I’m no longer throwing up when a bill comes in, or crying myself to sleep because I don’t know when I won’t be able to rent and feed myself. $10k is a lot to someone who doesn’t have much.

REPLY
2 months ago
Single mum here pay to pay said id pay car loan off and give hampers out to needy. 10,000 would be amazing right now

REPLY
5 days ago
Agree same boat same amount saved. Its certainly hard saving when u literally have to with out basic essentials to do that.

ANSWER
1 year ago
You make 10k sound like a lot of money. Chicken feed really. Pay off any debt and save the rest of pay it off your home loan

REPLY
1 year ago
My chickens would eat well off 10k

REPLY
1 year ago
I agree - it's really not that much money.

REPLY
5 days ago
When you have just enough to get through the week it would be a safety net for those unexpected bills, or a chance to treat yourself.

REPLY
5 days ago
10 grand is a lot of money for someone living pay cheque to pay cheque with very little in savings. So be thankful this obviously isn't you!

ANSWER
5 days ago
I would be able to stop worrying about day to day expenses, bills and just breathe.

ANSWER
2 months ago
Pay off your debts

ANSWER
2 months ago
Much needed surgery, prolapse bladder. Nothing works. So daily I wear pads. And if I dont I need change of clotjes at and 34 its sad.

ANSWER
2 months ago
In all honesty pay my car off. Its an oldcar but costing me $9000 more than id get selling it.Then id buy food hampers for the needy.

ANSWER
2 months ago
Pay out my debts and take myself out for a nice dinner.

ANSWER
2 months ago
First off I'd try to find out whom I inherited it from.
Then, I don't know. I suppose I'd buy myself a little car. I don't have one. My husband has a big 4wd but I can't drive it (fuck manual transmissions, they're too complicated for my simple brain).
So a small second hand car, or even a deposit on a new car would be great. A little hyundai or something.

ANSWER
2 months ago
I inherited $10k recently. I've put it in the redraw of one of my mortgages but plan to use $5k to buy a little pop up caravan for family holidays. I'll maybe use the other $5k to start Reno's but not sure yet

ANSWER
2 months ago
Renovations/mortgage, maybe a small holiday when we can finally have one

ANSWER
2 months ago
Go out for a nice dinner. Buy some new clothes or gadgets then put the rest on the mortgage.

ANSWER
2 months ago
So I agree it's really not that much money, but to someone who has very little it would make a huge difference.
Personally I would probably put it in an emergency fund as I don't have one of those. My pay comes in, I pay all my bills, rent, fuel etc and then I have no Money left but I don't my necessities are covered and I'm not going to be homeless or have anything repossessed or switched off, but then it makes it hard to save extra money for an emergency fund if there's no extra money, so that's what I'd do with it ☺

ANSWER
1 year ago
I would fly my children, husband and self to Switzerland to we could all be together, holding each other, when I depart this Earth.

REPLY
1 year ago
♥️♥️♥️♥️♥️

ANSWER
1 year ago
Have a holizay

ANSWER
1 year ago
I inherited 70k a few years ago and I still have a bit left. It really helped at the time but every time I spent money, I remembered why I came to get it in the first place 😢

REPLY
1 year ago
Yes this is how I felt with my inheritance too. Felt like I was spending money not mine

ANSWER
1 year ago
Go on a family holiday🙂

ANSWER
1 year ago
10k would change my life atm. I have been trying to save to move for a long time, important things keep coming up that require money?!?

ANSWER
1 year ago
That would be extra house deposit

ANSWER
1 year ago
Pay my tax bill

ANSWER
1 year ago
Earlier this year I inherited $80K and after paying bills and stuff I’m just letting it sit in the bank gathering interest

REPLY
1 year ago
Pretty soon the bank will be charging you interest to let you place it there, if we get another rate cut or two we will be into negative interest territory.

ANSWER
1 year ago
Leave $5000 in bank
Use the other $5000 to pay bills and get in front, maybe a cheap caravan holiday or something as well.

ANSWER
1 year ago
Study something I always wanted to study....Throw the money at a little business idea or something you take pleasure artistically. Or I would do something to honour the person that gave me the inheritance....

ANSWER
1 year ago
Mortgage

REPLY
1 year ago
Same

ANSWER
1 year ago
IVF

ANSWER
1 year ago
Car

ANSWER
1 year ago
Pay bills, buy some new clothes and put the rest away for a rainy day