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

[Bextespisod]

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

I wouldn’t turn it down but it wouldn’t be life changing, it would go towards planned works so I don’t have to totally empty savings.

We would be able to finish paying off the mortgage and then go on an amazing holiday, the likes of which we will never actually be able to afford.

I’d be grateful but it is a tenth of what we owe…

Not life changing but obviously 50k is always helpful!

Nice treat, not life changing. If you’re young and not on housing ladder it could be life changing.

It would be amazing but not life changing in the long-term. Would pay off half the mortgage which would free up money for nice things.

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

Very pleasantly helpful but not life changing. I think £100k might be more in that category.

Don't have a mortgage, live in social housing so this would be an amazing gift in my position

Nah I could make that stretch to way more luxury holidays than just 1!

Very helpful, if not life changing. I would be able to finish my degree which is currently on pause due to finances and get on the property ladder.

It would absolutely change my life.

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

I’d be delighted to receive that amount of money l

not life changing , as we’ve paid off the mortgage and retired ( yes , I know I’m lucky )
wed definitely get the new windows we want and go on a few nice holidays

I was gifted £50k by my parents.when.my grandparents died - it paid for a kitchen extension, which changed the way we live in the house, but we still have a large mortgage and 4 children to get through uni, so it hasn't made a huge difference financially..

Erm yes I definitely think it's life changing!
It would pay most of the mortgage off and make a massive difference!

50k is a huge amount to me, it would clear my mortgage and mean that I could retire early.

I think I'd splurge most of it, although it would depend on who gave it to me.

Not life changing but I would be incredibly delighted and grateful. If it had been before I bought my house it would have been life changing. Now it would be just really helpful. Would probably keep it as a safety net though as savings wiped out when buying house a few years ago.

It would be life changing for me.

Or pay off some off some of the mortgage and then reduce monthly
payments.

Completely life changing for me.

And me @SmallGreatThings1 🙂

Not life changing. It would be nice but it wouldn't make a difference to anything we could do.

With £50k we could pay off our debts (not mortgage) which would free up more monthly income to save for holidays, savings, pension etc.
with what's left it would pay a nice chunk off our mortgage (about a 3rd) again freeing up more monthly income.
So yes, it would be life changing for us.

Absolutely life changing!