Truthfully . . .I would honor THE MASTER with an offering for it is His money to begin with. Then I would secretly help the needy for I am not about publicity. Then with the rest I would help my grandkids and my Wonderful Followers with a cash gift.
I would give one tenth to organizations that help needy people in different countries. I would also help the poor, needy and struggling families that are in my area, pay off debts, use some as a downpayment for a house in the country, and buy an RV to go cross country.
I would buy a new car, give to one or two of my favorite charities, and invest the rest. For Christmas I gave to a charity that would put a teenage girl through high school for 4 years in Africa. Many girls there already have children by the time they are 13 or 14, and high school isn't free. My other charity is Planned Parenthood.
I would help the severely disabled people at the home my son has worked at. one person frequently have to borrow from this trust just to visit his mother with demetia locally as the state benefit does not even cover that. really terrible.
First things first, I would shout, "BOOM!!" And let my friends know that Santa Claus made a visit to my house and left 50K Then I would have $50,000 which I would invest. I would ask myself what are the most important things I need the most for myself, and for my family, now and in the long term. After that, I would buy some gifts for my family, which would make them really happy.
By the way, SakinaNasir53, can you share your views as well? What would you do with the 50k?
As the human population grows, we are losing more and more of our native trees, the Atlantic Rain Forest. If someone gave me $50,000 I could buy about 80 hectares of virgin land. We still have a lot of Capuchin monkeys but since so many people are planting cocoa trees in the jungle the monkeys have less to eat, and I would also plant more fruit trees in the forest. Our sloths eat leaves and our marmosets eat bugs. We still have lots of them.
I would buy some land, a plot. Built a small house for my family. And have a big garden, so that we can be self-sufficient. I would find that land near some forest, so that my kids can spend ours climbing on trees, building houses from wood, running, just being wild
I hate being selfish but I would have to pay off remaining loans and bills, put some into savings, and then the rest I'd use to give back to family and friends. I'd probably leave a little for myself and try to give back to charity as best as I could.
You would think 50K is a lot of money (and it is) but I think most would be surprised how fast it would go once you start putting it to use.
I'd seek advice on how to use it, and make sure I fulfilled any tax burden. There are things I could do and things I should do, and since I don't even make $50,000 in a year, I'd want to know how to do right by myself and others.
Wow! As this is a huge amount that I never think before. If I get, I will spend some amount to buy all luxuries of my family which I am not having before. Some amount will be reserved for charity for poors. Some money will be utilized for work of my site lookshavers.
I would donate $10,000 of that money to organizations that are near and dear to my heart, I would pay off all of my debt which may be another $10,000, put $10,000 down on a home for me and my two children so that we can stop living in a hotel, I would put $10,000 into a savings account and the remaining $10,000 I would treat my entire family to a paid vacation on me.
I would pay for my husbands retirement from the post office. He has worked in every kind of weather and suffered broken bones delivering to so many people that don't care what he goes through to get the mail there. He's kept going so my children and myself could have all we need. If there was anything left I would help my extended family and friends.
Invest in Lima beans and cardboard boxes, save 25% (for anything under the sun), and put money down on a house. Then, whatever is left, I'd certainly donate to a charity named Equal Rights Foundation that is focused on providing housing, education, careers, and necessities for the less fortunate. Whatever return I make from my investments will be split in half, one half going towards my children's futures and further investments, and the other going to other charities like ERF. This is all assuming things go according to plan like my house doesn't burn down or anything like that!
I would pay off some of my mortgage. It would help with the monthly payments when it comes time to remortgage again. I plan on helping others once I am retired. While I am able to still work I help my family.
I just want to discuss what's going on in my little head right now and hope to hear from those of you more educated on the subject.I qualified to buy a condo in 2004 (six years ago). I paid $6,000 cash for...