Resolved Question

What would you do with £10000? Serious answers only please.?

Its how much I have saved at the moment.

I am debt free and have no ties, single, kid free, 31 and in excellent health.

Im currently unemployed, living in England and strongly considering emigrating to another country for a better climate.

Best Answer - Chosen by Asker

So.... you reached the ten grand mark on your savings eh?
"Woo-hoo!", pats on the back and well done!
It's started itching at your wallet hasn't it?

You don't have to do anything with it.... leave it in a trusted savings account and let the interest fertilise it until it grows to an even bigger money tree.

I would say you are in a GREAT position right now, except.. you are unemployed. So if you spent your savings, you wouldn't have the chance to replace the funds.

If you use some of it to get yourself abroad, save the rest to get yourself back home if you need to, things could go really wrong and you could get stranded. Things could go really right and might need some money for a marriage, house and family.

If you decide to spend it, spend it on something that you wil remember happily for the rest of your life and get some great stories to amaze your friends and family with.

10 thousand isn't alot, espesially if it took you a long time to save it.

Whatever you do with it, ask yourself "Will I regret this, later in life?"

You have so many options.....enjoy it now....... or enjoy it later.

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Other Answers (8)

• Have you got another country in mind? If its somewhere you have been before and know that you'd like living there then go for it! If you're thinking of going somewhere you've never been then think twice amount spending all your money to move because you might end up hating it.
  
  You're young, single and care free so grab the opportunity to do something even if it's just traveling around the world and not permanently moving. You should definitely put some of the money by though. You don't know what's round the corner and if it ended up with you having to come back home then you would need money to get you by before finding a job and getting paid.
• £10K is not a lot and you just about enough to live on for a year, mortgage/rent food etc, as you are unemployed i would invest it in gaining employment, eg a training course, college or seed money to start a business, this will give you hope for your future
• 1. Gamble it all in the lottery
  2. Buy a mankini made entirely of pure gold
  3. Buy a stripper
  4. Adopt a child
  5. Give it to me / or charity
  6. Use it to travel instead of staying in one country
• Do it, if you havnt got any ties and no job what is stopping you? Enjoy it while you can.
• go on a crazzzzy shopping spree!! and party. not the smartest ways 2 spend it but it would be so much fun.
• new car? invest it in something? shopping spree?
• use it to move to a better climate.
• Save it for a rainy day when you need it most.