Anonymous
Anonymous asked in Family & RelationshipsFamily · 1 month ago

I got $10,000 from my late great-aunt's estate. How should I spend it?

Update:

I was never close to her and only met her 3 times. Thought she was kind of cold the first time I met her. So have no feelings good or bad towards her. Now however, she is suddenly my favorite person in the world. She died 18 years ago but my grandmother, her niece, cashed in the stocks and gave it out to the 11 grandkids. 

8 Answers

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  • 1 month ago
    Favorite Answer

    $10,000 is not a lot of money at all. Lose your job and watch how fast you burn through $10k. You should put it in a savings account. It's clear that you don't have much money saved up to begin with if you're asking how you should spend the money. You're not in the business of saving money, or else your mindset would already be geared towards putting it in a savings account. How foolish to think it needs to be spent. 

  • art
    Lv 6
    1 month ago

    dont go mad and spend it all right away - maybe take a couple of hundred out to treat yourself, put the rest in the bank and give yourself some proper time to decide what you want to use it for

  • Pearl
    Lv 7
    1 month ago

    just put it in your bank acct for now

  • 1 month ago

    If I were in your shoes I would spend it one of two ways:  Traveling or Education.

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  • Embery
    Lv 5
    1 month ago

    Cocaine and prostitutes.

  • 1 month ago

    DON'T spend it. Invest some of it, and save some of it. That's the smart thing to do. You can treat yourself to a few things, but that's where the majority of the money should go.

  • 1 month ago

    keep it in cash and convert it to the most standard currency.

    Banks will only devalue (or worse lose) your investments.

  • 1 month ago

    Invest it in the stock market.

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