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- What would you do with a sudden windfall of money?
What would you do with a sudden windfall of money?
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Pay all my bills, pay all my fiance's bill, pay all my kids' bills, take my european vacation to Ireland and Paris (I love that city). Then I'd start making a lot of homeless people happy. I love the guy who is hiding $50 bills all over his city. Would be a great incentive for people to clean up a city.
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I would donate funds to support my town's community food bank, children's summer camp program. I would purchase a big track of land, build a barn and adopt as many dogs as I could support safely. There are so many good dogs that don't have homes. I would pay off my children'smortgages on their homes. Then I would seek financical advice on how to continue to support the above projects with investments.
Spending it right when you get it is a BIG mistake. You make poor decisions.
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I would investigate Assisted Living options for my husband and me. He is 86 and I'm 81 and it is becoming difficult to take care of us and our house and shopping, etc. Everything I've seen on-lne is out of our reach. A windfall of money would do it for us.
There are so many things to do with a "windfall of money"! First, I would tithe to my church. Then, I would begin preparations to open a brick and mortar cookie shop (which I have been planning and cultivating for the past 20 years). I would put some in Roth IRAs. I would take the mission trip that I have been saving for, and donate to a couple of others. Then, I would set up some college and trust funds for some of my nieces and nephews.
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I would pay off my husband's debts. My previous husband passed away and left me with a house payment that I could not afford, and I had to file bankruptcy because I then lost my job. I remarried in 2006 to a retired vet and through va benefits we were able to move out of florida to sc.
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