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Original poster

If you were gifted this would you consider it to have a big impact on your life?

203 replies

Bextespisod · 07/06/2024 19:27

50k. Life changing? Helpful? Bit extra savings? What would it actually mean to you?

OP posts:
GETTINGLIKEMYMOTHER · 08/06/2024 15:32

Bextespisod · 07/06/2024 19:30

I don’t see this as a huge sum really. But when I actually think about that it’s crazy isn’t it? 50k… it’s loads in some ways but in other ways it’s peanuts as one fancy car and one luxury holiday and it would be gone

It would probably be life-changing to some extent to anyone trying to save a deposit to buy their own home. Or who was struggling to pay basic bills.

OTOH, IMO anyone not already reasonably financially comfortable, who blew it all on a ‘fancy car and luxury holiday’, wouldn’t deserve such a gift in the first place.

ShorterWorkingYear · 08/06/2024 15:31

In my younger days this would have been life changing, but now I am near retirement, mortgage nearly finished, reasonable pension in sight, etc, it would just be very nice.

Lila878 · 08/06/2024 15:31

Nursery funds the next few years!

AyrshireTryer · 08/06/2024 15:29

Another clickbait title.

TheOriginalEmu · 08/06/2024 15:28

Life changing for me. I could move house and pay off my debts.

stayathomer · 08/06/2024 15:25

yes, car is on the way out as is washing machine. Plumbing very dodgy at the mo but because we're going on holiday this year we're just 'head in the sand' with all of them. My teeth are awful (some missing) but haven't been able to get them fixed. Also have no savings for kids so would set up an account with even 1k or 2k in each to know we'd given them some form of a start. Also 1 or 2k to my sister who needs and deserves it and probably mil too

iamreallyabee · 08/06/2024 15:20

Yes it would change my life

Ithinktomyselfwhatawonderfulworld · 08/06/2024 15:17

It would mean security. The chance to pay off the credit card and car loan. Enough to stash as significant savings and I would also do a once in a lifetime holiday.
so lots actually

MissMelanieH · 08/06/2024 15:16

Life changing for me, it would pay off my mortgage and give me a few thousand savings in the bank so I wouldn't have to stick to a job that was making me miserable just so that we kept a roof over our heads.

MotherFeministWoman · 08/06/2024 15:07

Absolutely life changing. We were gifted £40,000 and we paid off our mortgage with it.

imnottoofussed · 08/06/2024 15:03

Life changing for me as I'd be able to get on the property ladder in my mid forties

Lilacdew · 08/06/2024 14:42

Totally life changing.

WhenSunnyGetsBlue · 08/06/2024 14:37

@OrangeLemonLime24 I said very helpful rather than life changing because I am going to do it anyway without the gift of £50k through hard work. I am so determined about that. The money would just help me get there faster. 😉

AGodawfulsmallaffair · 08/06/2024 13:57

Bit extra 😆

DuckEggy · 08/06/2024 13:53

DuckEggy · 08/06/2024 13:51

Not life changing but I'd maybe go for granite worktops instead of pretend granite.

Not that I'd spend 50k on worktops ! You can barely swing a mouse in our kitchen. More that the cost of living is so great, it wouldn't provide anywhere near what if would have done. Wouldn't clear miltiple uni debts etc.

DuckEggy · 08/06/2024 13:51

Not life changing but I'd maybe go for granite worktops instead of pretend granite.

User1979289 · 08/06/2024 13:49

It would pay off a good chunk of each child's student loan so yes, because I spend a lot of time worrying about these debts.

Stormyinacoffeemug · 08/06/2024 13:49

IfYoureHappyAndYouKnowItHaveAGin · 07/06/2024 19:32

It would absolutely change my life.

I would actually only need a 10k of that for it to be life changing.

Same here

TheGoogleMum · 08/06/2024 13:48

It's not changing job money but it might be finally affording a small extension money which would be very helpful as currently my kids have to share a bedroom and we could give them a bedroom each (1 boy and 1 girl, both under 6)

KreedKafer · 08/06/2024 13:43

50K? Yes, that would pay off our mortgage and probably enable us to retire a lot earlier or go part-time. It would make a huge difference to my quality of life.

GalacticalFarce · 08/06/2024 13:43

Not life changing for me but would make us a lot more comfortable.

FannyFifer · 08/06/2024 13:38

That would be a huge sum to me & I would consider it life changing.

Farmwifefarmlife · 08/06/2024 13:37

Life changing for me as would give me a deposit for a house. I’ll be stuck renting my forever and it’s quite depressing. 50k would change my life

CrackersDontMatter · 08/06/2024 13:36

Absolutely life changing for us.

Teamarugula · 08/06/2024 13:21

Isometimeswonder · 08/06/2024 09:05

It's more than a year's salary!
How are some people so blasé, almost ungrateful.
I think it would be amazing and I'd enjoy every penny.

Well, it’s about your existing circumstances and what you’d spend it on isn’t it? It’s less than my gross annual salary and I posted above that I did inherit this much a few years ago. We used it to pay off part of the mortgage so it didn’t have any noticeable impact on our daily life. Our only debts are student loans and the mortgage, and it’s not enough to pay off either of those. We’re decades away from retirement so it’s not enough to retire early. We didn’t have anything we urgently needed money for like house repairs and we barely use the car so no need to upgrade that. To be life changing I think we’d need to have an amount that meant we could completely pay off the mortgage or afford to go part time/give up work.

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