$10,000 Question

[fineday]

I have a $10,000 question for everyone here.

If you were to receive $10,000 today out of the blue that you had not anticipated, what would you personally do with it? How would you use that money considering the current financial situation that you are in? Where would the money go?

[feh]

It would go into retirement funds. Every cent.

[LuckyRobin]

I'd pay off my last credit card, put $2000 into my emergency fund, take $1000 to start a house downpayment fund, and spend about $100 to take the whole family out to this really good steakhouse we seldom get to go to, so we'd have one small bit of fun from it. That should leave me with just enough to buy an extra tank of gas for the van so we would take an extra trip to the Science Center where we have a yearly membership.

[GREENBACK]

make any needed repairs or upgrades to the home, vehicles, equipment and maybe have some fun with a portion. Probably save the rest.

[riverwed070707]

I love thinking about these things!... even if my responses are boring

I'd max DH's roth - which would take up $4,500. Pay off my high interest (6%) SLs - that would be another $4,500. The last $1000 would go toward our backyard projects and maybe a date night.

[herdjohnson]

Pay off my car 8 months early.

[elessar78]

It'd go into our downpayment fund.

[breathemusic]

I think it would go into my general EF/downpayment fund. Technically I have student loans I could pay down, but I have a work agreement thing and over time I'd rather keep signing agreements with them so that they'll pay most of the loans off for me!

I would have to keep out a few hundred to splurge on myself though just to enjoy the money a little bit.

[humandraydel]

What a boring question to ask on a savings forum Honestly, I would save all $10k. However, assuming I had enough money that I didn't need to save it, I would buy:

a tube amplifier ($3k)
a set of headphones ($1k)
a new monitor ($500)
a kayak ($1500)
a 1979 VW bus ($4k)

[creditcardfree]

It would either go to the next house downpayment or to pay off our truck loan.

[ecoadapt]

I'd definitely put it on my savings account.

[kork13]

I like humandraydel's thinking... Yes--realistically, I would save/invest most all of it toward a home downpayment and general savings (though I might consider just paying off the last $7k of a 1% loan I've still got hanging around).

But just for the fun of it, on the assumption that I had to spend it somehow, I can definitely think of some good stuff.

Let's see... Here's my $10,000 wish list:
- Replace (upgrade) my road bike (~$3k)
- A good home audio system (~$1k)
- Trip to Australia & New Zealand ($3k-$4k)
- Some more furniture for my home... coffee table, guest bed, reading chair, etc. ($2k-$3k)

I'll eventually do all of these things, it's just a matter of the time required to save up the money for it. But heck, if I've suddenly got the cash to do it and no needs elsewhere, sure I'd splurge a little bit!

[disneysteve]

Another boring answer. I'd save it all. Specifically, I'd probably throw it all at the mortgage.

[97guns]

i would save it all too, in the form of gold and silver

[FrugalTexan75]

I'd send $4,500 to my Roth (that plus my normal amount would max it for the year.)
Then $4,000 would go to my car replacement fund.
Then $500 would be used for fun - probably some new clothes, a Kindle Fire, my vacation savings ...
The remaining $1000 would be tithed to my church.