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Parenting
wonkatalia
member
What would you do with an extra $100,000?
wonkatalia
member
in Parenting
I'm bored. So let's discuss.
It's definitely not enough to quit your job or anything, but an extra hundred grand could certainly make life a lot easier! You're getting it all at once, this is the after tax amount. US currency.
I would spend half paying off H's truck, the rest of our student loans and buying myself a new car. The next $25k would either go into savings for a new house someday or put that toward paying off our current house. The rest would go in DD's college fund and probably a little (like $5k) for our regular savings account.
It would go fast, that's for sure.
This discussion has been closed.
Re: What would you do with an extra $100,000?
Pay off my student loans and stuff a few G-strings with PB.
*brown chicken brown cow*
Pay off my student loans
Buy a decent used car (>$20,000)
Put the rest in savings
ETA: wait.... <$20,000... is that carat facing the right way? Math is tough.
I really want somebody to blow it all on cocaine. Or a Bentley. Or a super sweet RV.
On second thought, I might change my own answer...
And I really want to up the limit to a billion dollars so I can buy my own private island. That will happen someday. Even if it's just a freaking sandbar.
Half would pay off all of our credit card and student loan debt and H's car. Put another 25k in savings. Use the rest to make a huge payment on our house and renegotiate our payments.
Or pay off the house and put the rest in savings.
"We like nothing better than buffing our Zygoma. And imagining a horny time traveling long overcoat purple scarf wearing super sleuth nordic legend fuck fantasy. Get to work on that, internet." Benedict Cumberbatch
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Pay off my students loans.
Replace the stoop on the back of our house that is rotting off.
Re-do our kitchen and bring it out of its circa 1978 state.
That would pretty much wipe it out and then some...
BFP #2 4/13/10. Bridget born 12/28/10
BFP #3 Finn born 8/11/15
[url=http://www.thebump.com/?utm_source=ticker&utm_medium=UBB&utm_campaign=tickers][img]http://global.thebump.com/tickers/tt1cb8c4.aspx[/img][/url]
I almost blew boogers out my nose snorting at the spot on hilarity of this.
The rest would go in savings.
I'd put half of it toward my student loan debt, to make it a manageable amount.
I'd use $25k to buy two new-to-us used vehicles to replace our current crappy ones.
I'd use the other $25k to live on while in Library School. And I might use a little of that to go on a vacation, since I haven't been on one since I was like, 18.
Pay off my barely there amount of debt (we are talking like 2-3K). Buying either me or DH a new car. The rest will be spent on a vacation.
ETA after thinking about it. If we did my debt (3k), a new car (40-45k), and vacation (5-10k). I would totally have enough money to pay for my online college and put some away in a college fund.
Buy a house straight out.
The one we want is $70,000
So I'd use what was left over to pay off/repair van.
BFP #2 11/30/09 EDD 08/12/10- Sophia Grace born 8/1/10
BFP #3 11/16/10 EDD 08/04/11- Samuel Richard born 7/28/11
BFP #4 01/04/12 EDD 09/19/12- Simon Nathaniel born 9/6/12
BFP #5 03/27/13 EDD 11/25/13- Savannah Lee born 11/18/13
pay off debt, beef up our savings, and this:
My inner 10 year old wants this so so so bad. SO BAD.
2. Update our heating and cooling system in the house to central heating and cooling.
3. Build on a room or two.
Save whatever is left.
Actually, scratch that. I wouldn't pay off my student loans. The rate is so stupid low I can make more in the market even in the down state of the market.
So I'd still replace our back stoop/deck thing and renovate the kitchen. I figure that's going to run us $35ish for both projects.
I'd take a nice vacation (Europe maybe?) for around $5K.
Split the remainder between B's college fund and our brokerage account.
BFP #2 4/13/10. Bridget born 12/28/10
BFP #3 Finn born 8/11/15
[url=http://www.thebump.com/?utm_source=ticker&utm_medium=UBB&utm_campaign=tickers][img]http://global.thebump.com/tickers/tt1cb8c4.aspx[/img][/url]
I would like to amend mine too. I would take part of the money and either take the family on a disney cruise or to one of those all inclusive tropical resorts where they'll take the LOs off your hands at times.
I've never been anywhere tropical.
Pay off DH's car, pay off majority of home reno loans, pay off student loan, pay off debt to ILs.
bfp#4 3/19/2014 edd 12/1/2014 please let this be the one!
beta @ 5w0d = 12,026! u/s 4/22/14 @ 8w1d it's twins!
That does sound nice!
Pay off some of our house, buy a truck for my husband (a brand new one with 0 kms on the odometer), finish our renos on the house, roll full steam into our adoption, put probably 5000 into savings/retirment/whatever and then go on an amazing holiday because we can.
100,000 would be awesome.
Daughter #1 - February 12, 2010
natural m/c March 11, 2011 at 8 1/2 weeks
Daughter #2 - January 11, 2012
Ectopic pregnancy discovered November 6, 2012 at 6 weeks
Daughter #3 - January 19, 2014
Started our exploration into the world of international adoption June 2012. We have no idea what this is going to look like but we are excited to find out!
This is us too. We don't carry any CC debt either so I'd use it to renovate our kitchen, take a vacation, and stash some in Jackson's saving account.
20k would pay off both our student loans.
The rest I would put towards our future house. Thats a good down payment.
Lets face it I'd probably put 60 k towards and downpayment and 20k towards decorating the sh!t out of my new house.
Pay off all cc debt and school loans, buy a car and save the rest.
Okay, maybe a super nice dinner out on the town too.
That's something I really want to do someday.