2006-12-12 03:26:29 · 10 answers · asked by Jo Q 1 in Business & Finance ➔ Other - Business & Finance
Put it into a savings account or something then use it to pay for college. Then when you graduate and get a degree, you will be making more money than you would without a degree and in a sense, would be investing the money in yourself. Resist the temptation to go out and buy a bunch of new electronics like I did.
2006-12-12 03:29:04 · answer #1 · answered by Levi F 3 · 2⤊ 0⤋
Take it to a financial adviser and have it invested for the long term.
Have it invested into something with low risk, but a good return and have it tied up for 5 to 8 years. So you can't decide to blow it on something on a whim.
Then reevaluate the strategy after that.
Or if you have a good job, buy a house if you could make the payments.
2006-12-12 03:38:21 · answer #2 · answered by eric_the_red_101 4 · 0⤊ 0⤋
I'd recommend you take at least half and get a fine jumpstart on building life-long wealth. You've been handed something good.
(Unfortunately it came at the expense of losing a friend, I'm sorry)
Put at least some of it to work for you. Read up on investing and do what's right for your situation. With the remainder, I'd have a blast!
2006-12-12 04:28:36 · answer #3 · answered by Big R 6 · 0⤊ 0⤋
Put it in a savings account for 6 months and don't touch it. Don't make sudden decisions about what to do with chunks of money you receive all at once. Give yourself time to really think about it.
2006-12-12 03:30:40 · answer #4 · answered by strawberrycrush 4 · 1⤊ 0⤋
Start an Ebay Business
http://tinyurl.com/kh4ec
And Party Hard .
2006-12-12 03:48:59 · answer #5 · answered by Satisfaction Guaranteed 2 · 0⤊ 0⤋
Save it to use for college expenses. Honor your friend by making something of yourself with the gift left to you.
2006-12-12 03:35:56 · answer #6 · answered by Country girl 7 · 0⤊ 0⤋
Keep it in the bank till you decide what to do with it. 10K isn't that much money so be wise.
2006-12-12 03:30:13 · answer #7 · answered by luvs6strings 2 · 0⤊ 0⤋
save it for things like uni or towards a house or maybe take driving lessons if u already havent and get a car
2006-12-12 03:29:08 · answer #8 · answered by Anonymous · 0⤊ 0⤋
PARTY!!!
2006-12-12 03:28:27 · answer #9 · answered by Anonymous · 0⤊ 0⤋
wire it to me.... :D
2006-12-12 03:32:00 · answer #10 · answered by rocks_life 4 · 0⤊ 0⤋