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 would put it into my pension pot to let me retire earlier, so it would be “life changing” (and I would REALLY REALLY appreciate it if anyone is giving it away!) but I guess it would only be for that period of time before I would normally retire anyway.

Exactly this sum gifted to us in our fifties and absolutely was life changing -
enabled x3 kids to boost their deposit savings sufficiently to actually get on housing ladder, to provide life-changing elective surgery for one, driving lessons for another, and a once in a lifetime exotic whole family holiday.
Aaah -That was a very Happy Year.
Hope my upon my own death to bequeath to my loved ones some such fun and fleeting relief from financial anxieties.

50k gift? Completely life changing.

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.

Absolutely life changing for us.

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

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

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

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.

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)

Same here

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.

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.

Bit extra 😆

@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. 😉

Totally life changing.

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

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

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.

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

Yes it would change my life

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

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

Another clickbait title.