If you inherited $50,000...

[barkley]

if it happened today, i would pay off credit cards, both cars and dvc. whatever small amount was left would go to repainting the interior of the house for selling this spring.

if it happend after we sell (planning on paying all these off with equity)-i'de probably slam it into a an interest bearing account (not a gambler here) and whatever i got in interest would go into an account for vacation/leisure.

 

[maleficent1959]

We just inheirited close to that right before Christmas. We bought two prepaid tuition plans for DSs (2 and 5) that includes four years' tuition and fees, and a year in the residence halls. We had $4000 left that went into retirement savings.

 

[monkeyboy]

Take cynsaun out to dinner and a movie and.......

 

[cynsaun]

Take cynsaun out to dinner and a movie and.......

 

[monkeyboy]

You would of course have to wear the pink santa outfit we saw at VS in the mall

 

[Angelrose]

Since we have been retired for quite a while, I would put it in our savings account. Then we could plan a couple of vacations at Disney and stay at the Grand Floridian. I've never stayed there and it looks so beautiful at Christmas time. It's right on the monorail so I wouldn't have to walk very far. What a dream!

 

[Buckalew11]

I'd call Dan.

 

[cynsaun]

You would of course have to wear the pink santa outfit we saw at VS in the mall

But of course.

 

[scrump]

Probably put it towards the house, or an investment/retirement account.

 

[bigmerle1966]

I think monkeyboy and cynsaun need to buy a room!

 

[lbgraves]

I would book a Disney cruise for the next two years (10k worth for that ). The rest would go in the kid's college fund.

 

[staceyfe]

Dh actually got life insurance for $50,000 last year after his dad passed. He put $10,000 away for retirement, bought a new truck, I got a fat new diamond (his idea, not mine, but of course I didn't argue too much!), took a WDW vacation, and gave $5000 to the church. No taxes since it was life insurance. Oh, and there's still a couple of thousand that we just put in the emergency fund.

 

[catsrule]

Pay off our house.

 

[WatchinCaptKangaroo]

Pay off my bills, my parents house, my student loans then invest the rest to make more money for a down payment on a house.

 

[MariettaC]

Use some of it for a family Magical Gathering at WDW.

 

[Nutsy]

I will be inherting a sum of money from my Mum's estate in the near future.........nowhere near $50,000 tho. But what we are planning to do with what I do get is.............put in hubbys retirement fund so we can then draw on it to do a few things to the house that are way in need of doing and that we don't have the money to do them with.

 

[Dreamer04]

Take my whole family-everyone-on a cruise!

 

[Black Diamond]

Spend it!! Seriously. It isn't enough to save for anything and would be much more fun to spend on a nice trip and some jewelry! LOL!~

I'm with you on this. $50k is not what it used to be. A nice long vacation and a new rolex for me.

 

[NMAmy]

Buy DH a new car, a trip to WDW, and the rest in savings.

 

[SillyMe]

It's really interesting how some people think $50,000 is alot of money and others think it's just a drop in the bucket.

I would take my kids on vacation, take a vacation without my kids and put the rest in savings to eventually use as a down payment for a house.