I have £7000 what should i do with it ?

Answer 1

give it to me and forget about it :)

Answer 2

It all depends on what your present state of affairs is...

Make a priority list, if saving [or part saving] is a priority put it in the list in it's place. Then go through the list from top & see what is the 1st one u can do with your £7000. That, or make it a combination of 2 priorities.

Just make sure you are happy...

Answer 3

Put three quarters of it away in an interest-generating account, and spend the rest on original artwork. You'll easily get a couple of really nice pieces from little known artists for about 1500 pounds. Buy only what you like, and be aware that galleries do sometimes come down slightly in price, so you can haggle a bit. You never know, you might buy something that will someday be very valuable. My father did - twice.
Have fun!

Answer 4

If you don't need it for anything at present, save it in the best scheme a Building Society can offer. However, if you have a mortgage, reduce your borrowing, because you can never earn more interest than you are paying. If you are married, give yourself and your wife a second honeymoon with a little of it. Whatever you do, don't invest it in some get-rich-quick scheme!
You should have said what your circumstances are.

Answer 5

Hi, .....Its almost the fall and you know that is the Candle season, why not run a home business selling Mia Bella gourmet candles, they smell amazing, We have scents like, Coconut & Lime, Tequilla Sunrise, Sweet Orange & Chilli Peppers, Lemon Pound Cake, Cotton Candy, We have over 100 scents to choose from, and the cost is as little as $39.95 a month, and included with that you will get your own website to market your business, and $60 in products shipped to you every month, and did i mention there is a new scent introducted every month, this month's scent is called Orange Clove, its smells amazing. Please view my site for more info....www.jakettas.scent-team.com/ You can get all of your products wholesale....

Answer 6

The sensible answer would be put it in a high interest saving account.
The not so sensible answer would be:
Go on holiday/travel round the world.
Get a whole new wardrobe
Buy a nice car.

But to be fair- i'd save it, you'll be better off in the long run- or just spend £500 and treat yourself to something you really want!

Answer 7

You could sponsor my Indepent Record Label and it's UK Artists.
We've been up and running for a year and our main artists' The Bluesoul Pharmacy have performed in the UK and Overseas, but we want to get our official website up and running, merchandise and also do some gigs in Australia and America.
You can contact me on [e-mail].

Sarah Cooper (BA Hons)
Bluesoul Pharmacy

Answer 8

I won't tell you what you should do with it. I will say, however, that if I had the money I would either use it on my own further education (I'm planning to do a masters and then a phd) or, if I wasn't going to do that, I would put it into a bank or invest it into a fixed bond. Of course, I would treat myself to a little present from it first...

Answer 9

7000 is not a lot...better save it

Answer 10

put 3000 into an isa ( a cash only one) and leave it in there to compound interest over your life time.max 3000 per year. income is tax free.
if u want a bit of fun put some in premium bonds.
invest in stockmarket, but only after there has been a crash and things are recovering.use hoddless brennan.its cheap i believe.

Answer 11

You would be better talking to a financial advisory to advice you on how to invest it rather than waste it.