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6 Things to do With $50

Updated on November 10, 2012

$50 is a lot of money, or at least it can be if you spend it on the right things. In today's economy, it is important to spend your hard earned money on the right things. You can use it to help others, yourself or even invest it into something worth while. Here, in this hub, I have compiled a list of things to do with your money, no matter what you want to do with it and I hope I can give you some suggestions for the use of that money.

1. Kiva.org- Kiva.org is a website that allows you to give small loans to people who need them. The loans can vary in size, but all you need is $25 to loan to whomever you believe deserves it. The loanee must then pay it back as they are able to and you will continue to get the money back until the loan is fully paid. This can be a great way to help others with a very high chance of getting your investment back; Kiva has a 98.95% payback rate.This right now is something that I am really considering once I get the money.

2. Better Yourself- If you have $50, you can use the money to improve yourself. By saying "improve yourself," I mean to learn something new. It can be finding a hobby or even learning a new skills. An investment of $50 can be used to buy a few ebooks, or real books, on any of those two choices that will teach you what you need to know.

3. Buy Website(s)- You can be on your way to being a website owner with an investment of $50 or less. You can buy a domain name and even get free web hosting, however it can get pretty hard if you're starting from scratch. Another option would be to buy an already made "turnkey" website. Flippa.com is a site that helps people to buy or sell websites, but in this case we're buying. There are many websites available for less than 50 dollars that are ready to go, making it easier for you to become a webmaster. Also, if you purchase a site through Flippa, there are many deals available from the site specially for new website owners.


4. Indulge- It is incredibly easy to treat yourself to something special for $50. You can go out to dinner, the movies or you can even go to the spa and get a manicure and pedicure (for the women). Just a way of letting yourself know that you love yourself and also repay yourself for the hard work you do.

5. Treat Someone- Is there someone in your life who you feel deserves something special. You can take them out or even buy them a gift. Do something that will let them know they are loved.

6. Save- I saved this one for last because it is what boring people would do... or do smart people do it? If you don't know what to do with your earnings, you can save your money. Maybe it's for a rainy day, or you may even be saving up for something bigger. Whatever the reason you choose to save, it can be beneficial in the long run.

With the suggestions I have given you above, you should be able to wisely spend your $50, no matter how you got it. If you have any other ideas, feel free to let me know in the comments, I'm very interested in knowing. Also, I hope this helped some of you indecisive people.

Attention Hubbers

If you find any spelling or grammatical mistakes let me know. I will highlight my mistake and let everyone know you corrected my mistake by linking to your profile. This is something new I am trying to see if I can improve the quality of my writing.

Corrections

* Was "A $50 dollar investment is a great way to learn find a new hobby." Credit for the correction to spitfire07, check out his hubs!

Comments

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    • CharronsChatter profile image

      Karen Robiscoe 

      5 years ago from California

      those sound like fabu suggestions!! I'm convinced. And no typos that I saw...;)

    • beingwell profile image

      beingwell 

      5 years ago from Bangkok

      Voted up! For my $50, I'll save it and spend it when the time and price are right!

    • Abbyfitz profile image

      Abbyfitz 

      5 years ago from Florida

      Nice hub and voted up. I think I'll let my first $50 sit there so it can invite more friends lol

    • jpcmc profile image

      JP Carlos 

      5 years ago from Quezon CIty, Phlippines

      I will check out Kiva. This site sounds good. It's a good way to help others. What do you know, we earn at hubpages then help others. I think that's a great combination. Voted up and Shared.

    • hscchemistry profile image

      hscchemistry 

      6 years ago from Sydney, Australia

      Interesting for the uses..

    • redwards01 profile imageAUTHOR

      redwards01 

      6 years ago from Bermuda

      @spitfire07 Thanks for the encouragement, however, I have not received your message regarding spelling and grammar

    • redwards01 profile imageAUTHOR

      redwards01 

      6 years ago from Bermuda

      @Arlene V. Poma, I appreciate your input. I find that opening up to allow people to correct some of my mistakes (mainly spelling and grammar) is a good way to get people to get involved and it also gives them a good reason to.

    • profile image

      Arlene V. Poma 

      6 years ago

      When it comes to money, I don't count my chickens before they hatch. I will not edit anyone's Hubs, nor will I let anyone touch mine. To improve the quality of your writing takes effort on your part--not because you're getting "help" from strangers because non-professionals may mean well, but what kind of editing background do these people have? Yes, that's exactly right. You don't know.

    • LindaSmith1 profile image

      LindaSmith1 

      6 years ago from USA

      But, first, you need the cash and a few cents a month is not going to do it.

    • Spitfire07 profile image

      Spitfire07 

      6 years ago from Calgary

      Hi Redwards01,

      Great post, voted up. I sent you a message regarding spelling and grammar. Cheers!

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