If you were given £75,000…

[Spicykitten]

What would you do with it?

Stop worrying about the next year and a bit of school fees. Go on a summer holiday this year.

Buy as much land anywhere in the country that I could.

I'd pay off debts, put some aside for DC, pay for a trip to legoland for kids in the youth group I volunteer with and I'd go to uni. Couldn't afford to retain otherwise.

50k off the mortgage, pay off some debts, have an amazing holiday!

Spend about 20 to 30k on the house and put the rest towards the mortgage

I have a mortgage of exactly that.

I would pay off our credit cards not much maybe 5k over two of them. We have a holiday to vegas coming up so it would be good to have some extra spends not really have to think about what we are spending.

Then £25k for me to do what I want with £25k to my husband to do the same.

Keep 25k to top up my savings. I have an ok (teacher) pension and we have no mortgage.

Give 25k to each of my DC to help them towards a deposit.

Fix my roof and side wall.
That might not actually cover it...

20k each to my girls towards getting on the property ladder.

Pay a chunk off the mortgage and a holiday/bit of work on the house.

65k off mortgage. 10k on a special holiday.

Nothing exciting. It would just get invested eventually after rattling around the account for a while.

Pay mortgage off definitely

Ooh I wish!!
I'd pay off my mortgage £35,000
Then £10,000 fun now (holiday, house things, spa weekend)
£10,000 into DC university fund
£20,000 into premium bonds.

This happened to me! I paid off the max 20% of the mortgage, and the rest is waiting in a high interest account to pay off another 20% next year. Then I need to see a financial advisor.

Amazing! Good for you 😊

25k for me, which I’d put into premium bonds, and 25k for each of the dcs, to put into their premium bonds until they need to buy a house.