What would YOU do if you inherited £20000?

[MoveYourArmsLikeHenry]

Hi all. Just exactly as the title says What would you spend it on?

[Lj8893]

Pay off debt (about £3k). Buy a car. Some new furniture, carpets, house decor etc.
Save the rest as rainy day fund.

[chocoluvva]

I'd put it into the mortgage as quickly as possible.

[lucyintheskywithdinos]

Half on the house, half on fun.

Fun would be buying a camper van and wandering off for a summer.

[chipsandpeas]

actually changed my mind, the 5k back out of savings and do my bathroom and kitchen up

[frogspoon]

Spend 2K on a nice holiday and put the remainder (18K) towards a house deposit.

[Tortoisegirl]

I inherited £95k about 10 years ago. Used it to have a mortgage free house for me and DD after a nasty divorce. Made me feel safe for the first time in years.
With £20k now I would have a new kitchen, bathroom and pat someone to sort out the garden!

[HardFacedCareeristBitchNigel]

Pay off debt [boring]

[Lizzabadger]

Put £19500 towards mortgage and buy treats (gadgets, clothes, hairdo, massage, nice food and wine) with the rest.

[HexU]

Pay off any debts, pay down mortgage, added to depleted emergency savings fund then spend a smaller amount on stuff we need/want.

[DragonMamma]

I'd clear about 2k of debt, get new windows and doors for the front of the house (the previous owner only did the back for some reason), go on holiday for £2.5k, another grand to get some new bits for the house and pay the £12k left off the mortgage.

[booksandchoc]

Pay off all debt (about 11 or 12 grand), new windows for our flat and hopefully enough for new flooring too. The saving we would make not paying our debt would mean decent holidays and ability to actually save something.

[Weeantwee]

I inherited just over £20k two years ago. I bought a much needed car, used it to pay for a honeymoon in the states and the rest is sat in my ISA which I'm adding to to build up a decent house deposit.

[Gruntfuttock]

I'd spend it on getting this house into a saleable condition and if there is anything left after that it would be added to the proceeds to enable the purchase of a house in an area I actually want to live in.

[VillandraMcTavish]

Take a sabbatical, rent the house out for a year, and take off on a year's travel to the back of beyond.

[MrsCosmopilite]

Pay off the mortgage.

[flipchart]

No Idea, It's less than 1 years take home pay for me so it's not a life changing amount but you never how long you are going to have a job these days

I've recently gain £16,000 this year with a combination of successful PPI claims and being given some money and I'm due another £11.000 in January.

I've just saved it. I've no debts and everything that needed doing is done.

Could have done with it 10 years ago when things were terrible financially though!

[Mimishimi]

Put it towards education funds for children. Mortgage is paid off and we decided to do without a car since our last was written off due to a prang a couple of months ago.

[poppymagnum]

I think I'd spend half on doing up the house, about 3k on a holiday and keep the rest for a bit. Possibly put towards DDs uni (she is 15 now).

[Rikalaily]

Pay off all of our debt.

Buy a second hand 7 seater (just had to scrap ours so can't go out to places with the kids now )

Take the kids on their first holiday.

[pixiepotter]

YABU it not an AIBU

[BeaverAbroad]

We have no debt which isn't paid back easily.

So: it's more than my pay yearly. I would put £15,000 towards our saving for a house deposit (with our savings, that means we could put a deposit down on our dream house) and take everyone on an amazing £2,000 holiday this year, and save all the rest, for the children.

[daveyfish]

We inherited 30k last year, 10k paid into the mortgage, 10k changing both cars, 5k into the savings account and 5k on a family holiday

[lurkerspeaks]

Mortgage overpayment.

[Nellabutterfly]

Pay for DH to do an intensive driving course and pass his test - we can't afford to run a car and don't need one all the time, but if one of us has a license we could hire one for day trips!

Do up the house (new kitchen, loft conversion, get the garden sorted)

Any left over after that would go in the savings towards future holidays etc.

Maybe also buy something to remember the relative by - but any relatives close enough to leave us that kind of money would probably also leave us something tangible (jewellery, pictures, an ornament etc) for that purpose.