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Conversationalist
Posts: 5
Registered: ‎07-28-2014

Re: What would you do with a sudden windfall of money?

Message 1 of 650 (257 Views)
Making my retirement funds stretch each month is proving to be difficult. I worked and raised 4 children on my own and have nothing to show for it, nothing to leave to my children. If I were to get a windfall it would go directly into a savings plan!
Info Seeker
Posts: 3
Registered: ‎06-23-2011

Re: What would you do with a sudden windfall of money?

Message 2 of 650 (260 Views)
If I had a sudden windfall of money the first thing I would do is to seek out an attorney and a financial advisor of whom I would trust, then go from there. Never touching the principal so I can pass it down the line with strict conditions so it will continue to grow for my future generations.
Frequent Social Butterfly
Posts: 151
Registered: ‎01-27-2014

Re: What would you do with a sudden windfall of money?

Message 3 of 650 (340 Views)

Being debt-free, I certainly would not go out on a spending spree as so many would.

 

If I had debts, I would pay them off and put the rest away.

Alex
Silver Conversationalist
Posts: 42
Registered: ‎09-18-2013

Re: What would you do with a sudden windfall of money?

Message 4 of 650 (349 Views)

Help out others less fortunate than myself, give to charity, put some in stocks, get a new home and car, put some in savings, and start a business. 

Info Seeker
Posts: 1
Registered: ‎08-26-2009

Re: What would you do with a sudden windfall of money?

Message 5 of 650 (362 Views)

Travel to places I've wanted to go, but also, I have several charities and needy situations which I would like to help with donations.

Info Seeker +
Posts: 4
Registered: ‎04-07-2012

Re: What would you do with a sudden windfall of money?

Message 6 of 650 (370 Views)

If I had a windfall of money, I would give half to the Wounded Warrior Project because my husband served overseas to protect our country.  Praise God he came back in one piece.   1/4 to my church, and 1/4 to other animal shelters, and if there is any left over, then I would pay off some bills.  Right now my grandson is in the marines somewhere overseas.  I pray that these men and women who are fighting for our freedom will come home soon.  Dear Jesus, I pray for all of these brave men and women, keep them safe and bring them home safe.  Amen. 

Info Seeker
Posts: 1
Registered: ‎05-24-2012

Re: What would you do with a sudden windfall of money?

Message 7 of 650 (373 Views)
Provide funds for my grandhildren college fees
Info Seeker
Posts: 1
Registered: ‎06-23-2012

Re: What would you do with a sudden windfall of money?

Message 8 of 650 (2,284 Views)

My family members are in need of help, and I would, in a reasonable way; help them with their finances. I use the term reasonable because some family members, are unique in there spending habits which would constitute helping them in different ways. I am a member of a Bible Believing Church, and I could be a great help to them with their finances. I regularly give to charitable organizations, especially the Salvation Army; as well as other charitable org.s. In final, I give anyway to charitable and helping other people, but acknowledging "THE LORD" should be at the top of the list. Chances are, in my opinion; if I come in to a lot of money, it's because HE allowed it to happen!  

Info Seeker
Posts: 1
Registered: ‎03-07-2013

Re: What would you do with a sudden windfall of money?

Message 9 of 650 (2,290 Views)

I would divide most of the money between my children so they could buy or upgrade their homes. Some live in Seattle, a very high market, oe of my children is still in school and will graduate in 2016 and another lives in under 800 sq. ft. (darling) house, that the kitchen needs renovating.

Info Seeker
Posts: 1
Registered: ‎12-19-2011

Re: What would you do with a sudden windfall of money?

Message 10 of 650 (2,293 Views)

Depending on how much the "windfall" is, I would help family and friends pay off debts (I have none), start trusts for some family members, give more to charities, then invest the rest.