Ask Lemmy

Put it in the bank and live every day like the day before!

$50k is a weird amount.

If you're currently financially in crisis, it will probably save your life. But if you're doing okay, it probably won't change your life much. And if you're even mildly rich, like six figure salary, you might not even notice.

I'd probably just put it in vanguard or a high yield savings, in preparation for bigger expenses that are probably coming (eg: moving, unemployment)

Straight to my mortgage principal. Because I'm dull like that.

Buy enough solar and batteries to become energy independent for the rest of my life.

Put it in the investment account. (I do want to retire some day.)

I'd pay off my house. No hesitation.

I had that happen in January, I built my own bookstore.

I'd buy two sticks of RAM. I know I'll have to use some of my own money but I think it'll be worth it.

Not work a day in my life. My country is so poor that's enough to sustain me for 50 years.

Pay for new teeth, up my Patreon subscription for my favorite artist by factor 5 and then back some great projects made by human artists on Kickstarter.

I'd try to work out what the scam is as I work in sterling or euros usually.

probably give my 10 favorite people $5k. id do it anonymously too.

Slap in a bank account and feel a little more secure but still nowhere near being able to retire.

Pay off mortgage, not glamorous but it works.

Renovat my bathroom, install an air conditioning system, use the rest to pay the mortgage.

I am debt-free; I save it for when I need to replace my GPU.

Buy some solar panels and throw the rest at my mortgage

See if it's enough to get me a down payment on a house. Probably not though.

Buying the best bed possible, paying off my whole debt, and going to sleep for a long time.

Pay off my wife's student loans which run us like $900/m. With the ~10k left over split it into some HYSA for my kids and my sister.

The extra $900/m would go towards the principal on our mortgage and maybe we could actually pay it off before I die.

Dunno. Probably see what my family needs most first, then check if it's worth getting a used electric car. If not, keep it around to pay some standing debts.

Build a sauna. On a boat.

Ok, I guess I don't really need 50k. Give it to someone else.

Take 2-3k for some immediate material niceties i cant afford otherwise, the rest goes to my mom who has probably some leftover obligations from when she bought a little apartment.

Pay like 1/20th of my mortgage off 🫩

Mostly retirement funds, but I might splurge and buy myself something nice as a treat

Kayak the McKenzie river from Yellow Knife to the Arctic sea. Ascend Mt Robson via the wishbone arête. Whitewater raft the full Grand Canyon. Have a Diet Coke.