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I would pay down debt so that I can have more options in the future like say taking a Ramit class. So I would use the money to help my sister and her 3 kids with a summer of fun. You see, my sister wants to join a local beach club. The kids would have something to do all day and my sister would finally be able to relax! I would also be on the membership and get to bring my wife along. This money would help a lot of people in my family have a fun summer and without paying for going out of town airfare, hotels, food, etc.
Would this be an investment? The money is for a summer of memories for my niece and nephews. Less stress for my sister and drinks in the sand and sun with my wife.
But to be one of chosen person you would have to gave value to this money by buying plant and put it all into garden where everyone can learn and see where really money grooves. In effort of mans hand.
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I would put half towards my credit card and the other half, I would split between my savings and vacation fund. Savings would be nice too! But I think it would make the most sense to use the money to increase my earnings capacity…i. Boring, but true. Fortunately, I am not sick but a close friend of mine is sick.
The Above Average Person is loosely defined as:
The extra 1K1 will help me pay off a portion of the medical bills. Our health should be our number one priority. Sometimes we take this important topic for granted. Hello, My answer is different. I am getting married this weekend and going on our honeymoon in 2 weeks to Ireland my dream and Italy.
We have budgeted very well for the wedding and I negotiated pretty well to not go into debt. I would love the money for our honeymoon for nice wine, tours, hotels, romantic dinners, etc to enjoy a nice trip together as husband and wife! I would use it to start paying my parents back after all the help they gave me throughout college.
They deserve it more than I do. Too bad this is more like a lotto random drawing. Good luck to the rest of you. I recently checked my credit report for the first time and discovered that my parents never paid for my tonsillitis years ago AND I was unaware that the bills were in my name. I would add it to my emergency fund matching the 1, I have managed to save since I started it in February.
Well after reading I will teach you to be rich! I would definitely get my brokerage account started and run that Lifecycle Fund. I would Automatically contribute to my new fund by rerouting some of my savings. I was actually saving for the lifecycle fund minimum so that money could be allocated for the fund and my money could start growing. I would then use the rest for backlink building to my products that are ranking on the first page of Google, but to push them even higher to position 1! When that particular account reaches a certain point, I am using the money to begin my real estate investing.
I would spend it on your Earn1K course — planting a money seed that would grow into a mighty money tree. In process of buying a house, since I have all bills covered plus paying extra, no cc debt, and auto payments to all my retirement and investments and long term contracts and revenue streams going, most likely I would literally just use it toward some of the appliance costs for the new house.
I would use it pay off my credit card debt and any leftover money would put towards my student loan payments. Why would I expect such a high return? To weed out the dweebs. His teeth are in pretty bad condition, and we have been meaning to get a start on fixing them for several years. He has been working very hard in school, and I think it would be great for his self confidence and health! And it would be a good incentive to get with the program and start fixing them!
It would be dumb to waste it paying for some expense. It will be important to identify the point of greatest leverage in your business or personal life. I believe that whatever wealth I can attract right now is limited to whatever state I allow myself to be in.
The other big asset to invest in would be in people. I would convert it to UK pounds using xe. An overpayment in British terminology is paid against purely the capital of the mortgage, meaning the interest as calculated daily will decrease a little! I will use it to buy the productivity suite you recently had on sale. If I can get that on the same sale price, then use the remaining money on the preliminary earn1k course. I would pay off the last of my student loan. Honestly, I would spend it to go visit friends across the country. I would buy a plane ticket or train depending to visit friends in California, North Dakota, Oklahoma and other places depending.
If I had any money left I would save it up so after college is done I will have a little money to try and live on my own. Win-win all around. This would take another significant chunk out from them, taking me significantly closer to being debt-free. Not to sound like a sycophant, but I would put it into the Vanguard Roth Ira I just opened thanks to reading your book. Spend on paying off bills. Invest in necessary materials for my business. I would use this to pay down debt! I have a plan to be debt-free by Spring of and this would help advance me towards that goal much faster than I can currently manage.
Thanks for the contest opportunity! I would send it right to the credit card I am working on paying off by the end of the year.
I hate being in debt, but we had some medical expenses that we are now paying off. I would pay off that student loan and not be broke every month. Thanks to all for the new learning!
#1145 - Peter Schiff
Guess what I plan to do! It would temporarily join my emergency fund and later this month or next, be used to help pay to have my house painted. Why breakfast at your office? As a year old cleantech entrepreneur, I aim to pick your brain and eat your discarded muffin bottoms.
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So, do you take your coffee with cream or sugar? I would use all of it to pay down my credit card debt, which is the highest-interest loan I have. Training can be hit or miss I know but I already have some personal projects that I am working on and a list of questions to ask during the hands-on part of the training so I think with this preparation I will get more out of it than normally. I will talk to you on available courses from you or your friends, on how to start own business with my background.
It would go into my Brazil trip fund. I would pay off my existing student loan, which in already in the process of doing, before going back to school this fall. I would use it to complete market and product testing for my startup, which is already gaining traction. They are always happy to help me out and play for food or much less than what they should but their generosity only makes it more difficult for me to ask for their kindness.
Anything left over would be set aside for the next time a similar project came along in which the budget was not sufficient to pay all those involved what they are worth. We are both extremely motivated and willing to do what it takes to get this going. Wether we receive this dowery or not it will go and we will work other jobs around this to accomplish our mission.
The objective of this project is to provide a way to meet the needs of the community as well as serve one another. Goals Using a web based tool similar to Craigslist or message boards, people in need can post their needs or have needs posted on their behalf by staff in a safe, secure and private way so that others can find ways to meet them. Our intent is to help others to meet the needs of the body through service, goods, and contribution to specific needs.
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Solution Working with fellow everyday angels, we build a web tool whereby those in need can post their needs and we help facilitate the meeting of those needs both in body and through the technology of web based tools and e-commerce. A person posts the need to the board. Once accepted, that need is shared with any member of the community board without personal Information attached. If in the form of tangible goods, they can bring it to an EveryDay Angel Outpost school, home, church, community center.
Upon receipt, we will notify the person in need that the need is met and they can come to pick it up. They can then choose to send a message or thank you to the individual who helped meet that need if they wished to do so. For services, a person will choose to meet the need and given contact information so that they can help the person in need. Financial contributions can be given to a general fund to help facilitate large needs and also as micro funds that can build towards needs of specific need requests.
We want it to be as close to a one to one transaction as possible.