Comments on: If you suddenly inherited $10,000, what would you do with it?

By: Ellen

Ellen — Sun, 07 Sep 2008 19:40:19 +0000

I’d pay off debt. 10k would be very helpful right now.

By: WNKenney

WNKenney — Sat, 06 Sep 2008 15:24:14 +0000

I recently had this happen to me. I took some of the money to go on a “Dream Vacation” to NYC to see Yankee stadium. The rest went to retirement savings. I am always excited to watch my savings increase and I get closer to my goal of financial freedom.

By: Pam

Pam — Fri, 05 Sep 2008 06:22:52 +0000

That would be an ammzing asset that I would want to see grow. That would become a down payment on a house. Or if that were covered I would put a lot of it into Prosper the website where individuals lend or borrow money from other individuals.

By: Packy

Packy — Thu, 04 Sep 2008 23:32:01 +0000

My fiancee actually DID get $10K from a relative, and she went the pseudo-boring route: she stuck it in a CD. Every year, when the CD matures, she takes the interest she earned and transfers it into her checking account, and then she rolls the principal over into a new CD.

By: Greg

Greg — Thu, 04 Sep 2008 18:46:31 +0000

Chalk me up as one of the boring ones too! I’d probably just use it to knock $10k off my mortgage.

By: Marie Leona

Marie Leona — Thu, 04 Sep 2008 12:25:06 +0000

I would most definitely invest it in our home. We are slowly renovating it room by room so $10,000 would be a welcomed windfall… and this would free some of our savings to take a great trip to Tuscany or Venice!!!!

By: Colleen Overman

Colleen Overman — Thu, 04 Sep 2008 05:08:41 +0000

Five thousand dollars paying off the car, fifteen hundred on amazing clothes (purse, boots, jacket, dresses, sweaters, jewelry), three grand to invest, and five hundred dollars for a later extravagance or rainy day. I love questions like these. So fun. Thanks guys!

By: Debbie

Debbie — Thu, 04 Sep 2008 04:32:08 +0000

I’d use it to pay down whatever debt I might have (although I’m pretty careful to pay down credit card bills as soon as I receive them), hubby and I would each spend a bit on fun stuff (maybe $500 each) and the rest would go in a saving account of some type of investment account.

By: Connie

Connie — Thu, 04 Sep 2008 03:50:56 +0000

I’d get the hell out of Seattle come holiday season and go visit my kids and friends on the east coast and spend a good deal of time eating and watching plays with all of them in NYC. I’d also buy some clothes for me, my daughters and grandson.

By: Beth C.

Beth C. — Thu, 04 Sep 2008 02:49:38 +0000

I would probably buy an outrageously expensive purse with some of the money, donate some of the money to my favorite charities (Junior League and local ballet company) and then invest the rest.