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What would you do with a sudden windfall of money?

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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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I would use it for a downpayment on a new  truck as ours is dying the slow death and travel to North Carolina then save the rest for a rainy day.

 


@AARPLynne wrote:
What would you do with a sudden windfall of money?

 

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I would help my kids with student loans first.  I would give something to charity but would have to ponder what one. if I even win.  I know that takes care of the full amount after taxes but if I had anything left I would love to go to Tuschany Italy.  Its a dream that I know I will never be able to afford.  

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Pay off my credit card and retire. It would be wonderful to not have too worry about finances for a change.
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I would just help my family..
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I would fix my parent house
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I would fix my parents house..
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We would "beef up" our 401K! 

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With a sudden windfall of money, I would first make sure my mom is in the best nursing/assisted living facility, pay off our debts, and the rest would go into my Roth 401K account for my senior years.

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Pay for my much needed dental work and medical bills.
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Help out some friends in need first!! Then take a really nice trip!!


@AARPLynne wrote:
What would you do with a sudden windfall of money?

 

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@AARPLynne wrote:
What would you do with a sudden windfall of money?

 

 

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I would pay off my $ 40,000 debt to my uncle Sam. And buy bonds with the rest , I don't know anything about investing. Help my disabled daughter
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Pay all my bills and go on vacation.
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I have lots of bills to pay hoping I'll win
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Pay all my bills and go on vacation
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I would pay off my mortgage and go out to dinner.
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First, I would pay my tithe,

Then, I would pay off debts & invest

Next, I would give to family & charity,

Finally, I would take a long vocation & go shooping.Woman Very Happy

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I would take very good care of my parents and my brother. These people who have always been there for me deserve the best!
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I think I would have to pay income taxes and deduct my monthly Social Security Checks from it until it ran out. Isn't that required when your income exceeds a certain dollar amount as set out by Social Security Guidlines? Maybe it's not such a good idea to do the AARP Sweepstakes entry everyday???

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Try to recover from the complete devastation of my husband and I both losing our longtime jobs within a month of each other in 2012. With the economy so bad, finding any job, let alone one's that might pay even close to what we were used to was nearly impossible. I'd use a windfall to pay off the credit card debt we've gotten into, help my college student & maybe try to start a retirement fund again. We burned through all of our retirement & can now look forward to working till death.
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I would give a portion to my church, pay off my bills, invest, and live on the rest.

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Depends on the amount received.  First of course I would pay off my mortgage, and remodel.  Pay off school loans, children's and grandchildren, and put money aside for college needs.  Help my children some and grandchildren pay off debt.  Help my church and organizations I believe help society.  Put some aside for my later years and travel a little. 

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Would retire completely - at 76 still working part time to supplement income.   10% or more to our Church and invest balance.

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Travel!!!!
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I would pay off all indebtedness make sure grandchildren have college fund. And donate to church and charitable organizations
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Traveling money!!!!

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Pay off my mortgage, invest in BONDS, and take a family vacation.

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I would help my grandchildren pay for their college education so that they can go on to better their world and society and hopefully do the same for others.

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