Ask Lemmy

giving it to an independent cat rescue shelter

So, this is just the dollar store version of Brewsters Millions, then?

My roof needs attention. I'd easily spend the whole $20 and some of my own.

I'd send them to the builder if my beach house to finally finish, but in sure he'll still ask for more.

I'd pay to get my roof fixed and if there's something left I'd buy some tools and maybe upgrade my PC.

My country's currency is shit. Having this much money is enough to build a big house.

Motorcycles. Like 5 or 6 motorcycles.

That's easy. Heat pump & bathroom remodel.

Give some of it to my family and get a used car.

Buy the cheap old beater down the road from me. Pay my truck down and sell it. The rest goes to the house.

I'll donate it all. Nothing left, nothing to lose.

Define spend. Other people are talking about converting it to stocks, but that feels like cheating, since if you're already set up for that it's like a bank account that goes up and down a bit.

I also thought of a used car, since I can definitely spend that much on it today, it's probably worth about as much tomorrow, and it's a physical thing that definitely counts as a purchase.

If it has to be things I can't ever resell, I'd be at a loss. Maybe a bunch of radio kit on Amazon and a good meal.

There won't be anything left, I'd take a bit bite out of my debt.

Index fund. Duh.

Stocks

20k is one medium home remodel (one deck, Hall bath, or painting the outside), half the price of my sisters powerchair, or paying down half remaining on my car

If I could find one cheap enough and get everything settled in a day, I think my family needs a new¹ vehicle more than me being selfish.

I was gonna leave a comment about all the things I would buy, but I stopped for a brief second to consider I wouldn't have the space in my room for everything I want. All the manga, games, and CDs I'd end up buying. Though, getting a tall plastic storage tower is an absolutely nonnegotiable thing I would buy without question before everything else.

¹ new as in something that fits our needs and doesn't need a lot of maintenance immediately after being bought just to get it running.

20,000€ of service (idk making a sandwich or something) to our significant other that way we reap the reward of having money and it wouldn’t expire as it is considered spent.

Fr tho, would pay back debts to our friends who have helped us, donate some to the community, buy A BUNCH of food for the fridge, buy a bunch of stuff off of steam, new PC for us and significant other and a NAS. Hey a bunch of clothes, etc. any money left over we’d buy physical silver or gold and once time is up we would sell the physical worth back.

Health insurance

Sounds about enough for a decent down payment on reliable vehicle. Then I would still have to pay off whatever is left and make insurance payments and licencing tax, so ironically if I magically made 20k, I would end up spending more than solving anything.

My 40,000 of debt probably

It speaks a lot of today's world when so many replies were about some type of debt or replacement of assets. My gut feeling is if the rules don't require a tangible purchase (aka Brewster's Million) putting the bulk into something that will grow the base amount is the best option. But it depends on any debt and its interest rate, as removing that expense is usually the best move as their rate is going to be far greater than any interest you can gain.

Put it in retirement accounts.

Student loans... Oh wait.

Buy a car, finish paying off a loan, get a shed and greenhouse in the back yard, some landscaping

Medical and credit card debt. Whatever's left over will prolly be spent on Steam and Google Play gift cards, and also to load up my bus fare app so I'm set for a while.

Goodbye student loans! If there's money left over I'd have to decide between something hot to wear for the wife (and maybe for others) or replacing my terrible and broken computer monitors. But let's be real the only thing left over will be debt.