You get 50k dollars tax free no catch what do you plan to do with it?
Down payment on a house
Buy enough solar and batteries to become energy independent for the rest of my life.
With that money i could build one myself from scratch
You’d only need a fraction if you DIY, which is definitely worth it to learn how to do so you can fix it yourself.
I do actually know how to build them from scratch i am a semiconductor and microeletronics PhD student ,unfortunately i don’t have the time or money to do it :(
Pay off bills for the year. Donate the rest to food pantry. Fuck money.
Renovat my bathroom, install an air conditioning system, use the rest to pay the mortgage.
Straight to my mortgage principal. Because I’m dull like that.
Fuck yeah I’d probably do the same
Slap in a bank account and feel a little more secure but still nowhere near being able to retire.
It’s crazy to think this is no where near that for some people
If you want a roof over your head, most places have property taxes of $3-4k per year even if you own it outright. If you want to ever leave your house a car costs about $5-10k per year. If you aren’t living on rice and beans food costs about $3-6k per year. This doesn’t include any clothing, taxes, medical expenses, hobbies, travel, or other bills like water, natural gas, electric, etc.
If you’re incredibly frugal and quality for public assistance, $50k might last you a few years in the US.
Key point here in the US, where i live 50k dollars is enough to be a rich investor +house +car + years of necessities
How relaxed or strict are your immigration laws? I paid $40 just to park my car for a few hours a few days ago.
If you’re american you can literally just drive down to mexico and nobody checks or cares
Oh uh am in what you call a third world country, it’s nice to visit but idk if you’d want to live here , also 40 dollars is what a regular person like me make in a month, it’s actually crazy to hear that you pay that just for parking parking costs like ~0.2$ to 0.39$ max
Put it in the bank and live every day like the day before!
Yup. Wife made us invest 64k this year. That’s half a dozen pinball machines I could have had!
*index fund
probably give my 10 favorite people $5k. id do it anonymously too.
Put it in the investment account. (I do want to retire some day.)
I’d buy two sticks of RAM. I know I’ll have to use some of my own money but I think it’ll be worth it.
I would invest in something useful, for example, put aside a few dollars for expensive treatment if they are needed in the future, donate small pieces to projects or organizations that are interesting to me, or open source programs, if I really like the program, the rest of the money would be spent on things for my work, like a good computer, and other all sorts of necessary things, and I would also invest in crypto, which is reliable in cold wallets 😀
Pay off mortgage, not glamorous but it works.
wow even 50k is not a glamorous amount ? Or you mean to just use it on a mortgage ( surprisingly most people here pick that)
Not if you have a mortgage over 200 to 500 thousand Dollars because you bought a house on credit (which is how most people buy a house because that really is an amount, even the well-earning middle class needs decades to accumulate).
It’s nice, but not life-changing.It makes a dent, that’s easily more than 2500 a year in interests.
Yeah, definitely nice to have - but not glamorous or life-changing.
Pay for new teeth, up my Patreon subscription for my favorite artist by factor 5 and then back some great projects made by human artists on Kickstarter.
Pay like 1/20th of my mortgage off
Legit? 1 mil?
Housing prices are fk’d. Its getting better though
Bought our 14 acre farm 5 years ago for 225k ☺️
We also bought 5 years ago 😔
