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A genie gives you £100,000, how do you spend it?

(77 Posts)
00100001 Fri 04-Sep-20 11:12:11

Is be boring and pay off the mortgage!

OP’s posts: |
Slothmomma Fri 04-Sep-20 11:15:09

Pay off mortgage and extend the house to add another bedroom

AnneLovesGilbert Fri 04-Sep-20 11:15:48

Mortgage. New car for DH. Better car radio for me. Weekend away.

BashfulClam Fri 04-Sep-20 11:17:48

It would clear most of my mortgage so we could drop out outgoings a lot.

elaeocarpus Fri 04-Sep-20 11:21:22

New car
Some into savings
Sort out furniture/garden items
Spend a bit on clothes/holiday/frivolous

pisspants Fri 04-Sep-20 11:39:39

I would repay my credit card £2k, put some money aside (£5k)for a trip to the country my ex is from so my kids can meet his side of their family and they can get to know more about their heritage. I'd take £3k to sort out some small repairs to my house to get it ready for sale then put the remaining £90k into buying a bigger home on the other side of town nearer to my kids schools and friends. I wish!!!

Pipandmum Fri 04-Sep-20 11:41:46

Pay off a bit of mortgage but mainly it would go in to school fees fund.

Waxonwaxoff0 Fri 04-Sep-20 11:44:03

Pay off the mortgage - I have £40k left on it. Put £40k in an account for DS for a future house deposit. £20k I'd leave in the bank for a few lovely holidays (post Covid).

unmarkedbythat Fri 04-Sep-20 11:46:03

Clear credit card debt, put down hefty deposit for a house.

BillywigSting Fri 04-Sep-20 11:48:04

Driving lessons and a car plus first years insurance, professionals in to paint and decorate the house and do all the random niggly bits of diy that need doing.

And if there's any change out of that some nice big oak bookcases because mine are quite literally falling to pieces.

Very boring!

Aroundtheworldin80moves Fri 04-Sep-20 11:51:18

Either pay off the mortgage on the rental house, or use to make a lot bigger deposit on the house we are looking to buy next year.

ScrapThatThen Fri 04-Sep-20 11:51:38

I might allocate half of it to a deluxe annual skiing holiday for us all for the next ten years.
But really I would like to use it to bridge the 7 year gap between when I want to retire and when I can retire.

alula Fri 04-Sep-20 11:52:28

Use it as a big deposit towards our first house.

Yankathebear Fri 04-Sep-20 11:54:11

Deposit for a house if I was feeling sensible.
Holidays and pretty things if not.

showmethegin Fri 04-Sep-20 12:04:46

Extend the kitchen to a kitchen/diner and a loft extension

Ploughingthrough Fri 04-Sep-20 12:07:25

Stick 10k into savings accounts for each of my children. The rest into the pot we are furiously saving into to buy our final forever home.

gggrrrargh Fri 04-Sep-20 12:08:21

Clear my mums mortgage about £45,000, about £40,000 on mine, a bit in savings and a fabulous holiday. smile

Toilenstripes Fri 04-Sep-20 12:11:35

Half pension, half to help my niece buy a house.

iklboo Fri 04-Sep-20 12:13:12

Large house deposit, treats for parents, holiday when everything dies down CV19 wise.

Trisolaris Fri 04-Sep-20 12:16:02

Deposit for bigger house 50k Holiday and car 5k Savings 45k

TeacupDrama Fri 04-Sep-20 12:18:04

Pay of rest of mortgage -13k, repay my long term saving account 11k which was borrowed to pay for house repairs, 15k to finish off house, a new good quality sofa (not dfs) then use the rest to work less for next 7 years till I retire

Megan2018 Fri 04-Sep-20 12:19:10

Have another baby!

Grumpbum123 Fri 04-Sep-20 12:21:09

Clear debts buy a horse

OverTheRainbow88 Fri 04-Sep-20 12:23:22

10k for each kid in savings
20k In savings for a rainy day/ another Covid type thing
3k on an amazing holiday
Rest on mortgage!

Funnyface1 Fri 04-Sep-20 12:27:50

Mortgage, no question.

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