What would you do if you were given £50k?

[MsGiGi]

I’ve been daydreaming about winning the lottery and wondered what you would do with £50k? It obviously isn’t enough to retire on, so what would you do with it?

I think I would deposit a chunk into my S&S ISA, put some into my SIPP. Then, I’d top up my Emergency Fund and book some once in a lifetime trips.

I donkt need it. So I'd give it to DC to add to their savings for a house purchase.

I'd buy a couple of freddos and a bottle of olive oil. If there's any change I'd put it in savings.

I'd put a chunk in my SIPP, some in my emergency fund and some for a bit of frivolity.

Travel. I'd go to Bhutan.

And investment <yawn>

Get the kitchen and bathroom replaced. If there’s any change left, go on holiday!

Pay down as much of the mortgage as I could with out incuring any penalties - soon as that bill gone it free up a substaial amount of money every month. It wouldnt clear it but would mean overpayment we currently make would be extra cash each month.

Then do a hoilday and have money to do some home improvements that I keep bitting at as have to wait to afford next bit off and put rest in savings.

Get the bathroom done, pay for next year's holiday (and maybe book somewhere a bit nicer than usual), and the rest in savings. Probably plan to put 20k on the mortgage when we renew next year.

Save it. There's nothing I'd appreciate as much as the security of knowing it's there.

New bathroom, invest the rest.

£38k on the mortgage, £2k in premium bonds for fun, a nice holiday and the rest into savings.

Invest it.

Half towards a pension top up for moi, the other half divided between DS17 and DD13 for uni costs.

A large popcorn and some pick and mix at my local Vue cinema. The rest would cover my bus fare home.

I like to think if i came into money like that I’d use some of it to treat my friends and family. A nice spa trip or city break with a couple of friends who have been amazing as I’ve been going through treatment recently. Nice things for DH and the kids. Rest into savings.

Put £45k towards the house I’m planning on buying next year, then £5k on a two week solo break in California.

We are having a porch built next year so it would pay for that (otherwise it was being paid for our of savings).

Savings & pensions are ok.

Pay off IVF bills and spend more on further treatment.
Get a new bathroom.

split it between the two university funds which will shortly be required

Mend the fence and get a shed that's not rotten....replace my dh 20 year old car which sadly is reaching end of life with a 2-4 year old skoda.

Get my, small, back garden redesigned.
Or just book a really nice holiday and bank the rest.

Cry with relief.

File for divorce.

Get a new bathroom.

£5k on big one-off holiday DH and I want to do next year but can't afford, and the rest split between savings and mortgage overpayment.

Fix my teeth. Keep a little in reserve. Share out with my (adult) children

We need the laughing emoji back!!

😂😂

Go on a nice, but not luxury, holiday and then put the rest towards savings to be used to one day buy a bigger house so my kids don't need to share a room.

Unfortunately, where we live it wouldn't get us very far though 🙃 To get one more bedroom than we currently have and to remain within walking distance to school would cost a minimum of 100k more than we'd get for our house, but likely more like 200-300k more... Oh well, one can dream!

£10k in the kids ISAs £20k on a big holiday
£20k in my saving account
Possibly a nice bag