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- Re: What would you do with a sudden windfall of mo...
What would you do with a sudden windfall of money?
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After paying taxes, this will leave around $37,000 of a windfall. What would I do with this money?
Well, this will pay for almost 2 more years of our daughter's college bill at a state university, and save us from taking out a Parents Plus Loan at only 6% - 8% interest.
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Hopefully it would be enough. I would build an animal shelter. We'd have out own vet there. We would do adoptions & have an area for animals that are too old, or disabled to be adopted. They could live there. We would offer low cost neuter/spay services. Maybe area vets would volunteer once a month to do these at our place. Well, I can dream can't I?
First I want to say that I liked the reply that said he wants to get his girlfriend over to the U.S. but was having a hard time saving the money. I know the problems of low money/income very very well. Has for his problem getting to shows to sell the things he has made I want to ask if he has thought about selling online? There are several websites that he might be able to use. Just do a serch for selling art online.
As for what I would do. first I would get the wheels rolling on getting into a home with a little bit of extra room around it. I now live in a apartment and I really do not need to be so close to whoever is living nextdoor. I would get the home set up so if I ever need to use a walker or wheelchair (I am not getting any younger) I could do so without haveing to "make do". I would help friends payoff their homes. And I would find charitys for people and animals where a very large percent of what you give goes to those, people or animals who need it. Not into the pockets of those you gave the money to. I would also share it with the person who sold me the winning ticket. I would also look for people, such as the man wanting to sell his art and give help to them. Of course I would look for ways to safely invest a big percent so that I would not run out no mater how long I live.
Take care all!
John C
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Donate much of it to my favorite chaities.
@AARPLynne wrote:
What would you do with a sudden windfall of money?
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I would help most family members with their failing health conditions by finding better doctors, buy them better homes because they are all WAY below poverty standards, and I would donate to animal shelters. If there was anything left I'd take a vacation somewhere sunny for two weeks.
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