If you were given $50,000USD (tax free) today, what would you spend it on? That’s the question on Hank’s (from My Investing Blog) mind. So here’s my answer:
What would I do with $50,000?
I’d do something totally irresponsible. Something that completely goes against my sensible, logical, frugal financial persona.
I’d take my family and move to Georgia. Even though my house here isn’t sold. Even though Husband doesn’t have a job. Even though we wouldn’t be able to buy a house and would have to rent.
Not that it would be a complete waste of money. We’d get a chance to feel out the area and decide where we really want to live, which could save us from making the mistake by buying the wrong house in haste. It would give Husband time to find a job that he really wanted, versus any job as quickly as possible to start bringing money in.
And my frugal ways would still be in force. I’d still buy generic and clip coupons and do all of the other things that allow us to stretch our money as far as it will go.
Yes, that’s definitely what I’d do. I’d hope Husband would find a job and our house would sell long before the money ran out, but a nice big cushion always makes me breathe easy.
Now I just need to find the person willing to give me that money. Anyone………?