Ten thousand dollars is a lot of money to spend. I wish I had it,, if I did these are some things I’d consider doing with it! What would you do!?
If I wanted to buy a 100,000 house in Buffalo (which is totally possible becuz housing prices are different everywhere),,, that would be a 10% deposit right there.. on a house I’d own FOREVER!!!
I could install a hot tub and pool in my backyard if I already had a house.
I could redo my kitchen and get new sink, cabinets and marble countertops (I know this is possible my parents did it!)…ohhh and new floors!!!!
I personally, could probably host a really awesome wedding celebration with all those I care/would want to celebrate with and not feel limited to invite people based on cost.
Okay using “money chimp” If you put that 10k in only once,, and never added a cent more (which would be strange but not impossible… and let it grow until say we were 60 (approximately 30 years).. and did NOTHING to it except let it accrue its interest….
THAT 10k.. would have grossed to about 43,219.42!!!! Now can you imagine the things you could do with 43k when your 60!! That could help you retired, that could let you and your family take a vacation, or maintain health insurance in this particular economy,, or help your children who are older to finance their weddings or their college eduations, or their new homes.. or so many things.
10k… what else?
I could go to Italy for perhaps a few weeks! Maybe more!
I could go to Ireland for perhaps a few weeks! Maybe more!
I could pay my COBRA insurance for 22 months,,, TWO YEARS
I could put a deposit on a condo in Florida so that I could visit Disney anytime I wanted!
I could put it in a savings bond for my kids so they can use it to pay for school or offset their college loans.
I could take my kids to disney! Probably more than once!
I could probably build like 4 schools in Africa or something.
I could refinish the basement of a house to have a playroom for the kids.
I could fly myself and my family members to Ireland so we could ALL go together and see one of our heritage-cultures.
I could donate to the church, synagogue, Red Cross, Cancer Society, Roswell Park.
I could pay for 1/2 of a year of tuition at a SUNY College. Be it for my own child or for one in need.
I could apply to possibly 10 med schools.
I could help a family in need (there are SOOO many right now) to find shelter and support and housing.
I could donate 70,000 (SEVENTY THOUSAND!) pounds of food through the Foodbank of WNY
SEVENTY THOUSAND!!!! Thats about FOUR THOUSAND MEALS..
Four thousand meals for those to survive.
What do you think? What would you do with 10k??
What things are your ‘guilty pleasures that you’d like’ and what things would you do for charitable organizations if you had that much ‘extra’ to share.
I’d love to hear your thoughts!
originally created at Danielle’s Meandering Thoughts on 12/16/09

Posted by Elise on February 14, 2010 at 3:12 pm
Well, now that I am doing Dave’s Money Makeover I would pay off my debt. = ) That is no fun though. If I had no debt I would go on an awesome vacation somewhere.
Posted by dollard on February 15, 2010 at 7:08 pm
I’m impressed Elise on your debt goals and I think the vacation will be much sweeter when the debt is gone!:)
Posted by Krystyn on February 25, 2010 at 9:53 am
We are doing Dave Ramsey, too! Check out moneysavingmom.com. She does quite a few posts about it.
We do envelopes for every day expenses….for the bigger stuff, we usually include it in our budget, but leave the cash in the account.