2006-12-30 00:27:49 · 37 answers · asked by stylishababe 1 in Beauty & Style ➔ Fashion & Accessories
making your life happy would be a start hunni
2006-12-30 00:28:52 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Congratulations!
You can send your donations to... (lol)
First, tuck your winnings away at your bank and don't advertise. If you are not careful you will be surrounded by new friends, relatives, cheats and scoundrels, all with 'great ideas' for your money. As the saying goes, "A Fool and His Money are Soon Parted."
Second, find a Financial Advisor to help you sort out how to use your money to take care of any taxes due, clear existing debts, make reasonable purchases which can improve your life, and last but not least, invest a large part of this money in a way that it can help provide for you for a long time. This may sound like a lot of money now, but without self-restraint and good investments you could end up back where you were before, or even worse.
Third, oh ok, go ahead. Now that you started to sort things out with the Financial advisor, take a few hundred and treat yourself. Try to think of it as investing in yourself, rather than 'spending' it. By treating it that way, your money will go a lot further.
2006-12-30 01:13:13 · answer #2 · answered by sandyblondegirl 7 · 0⤊ 0⤋
First of all pay off every single debt that you have, credit card and all that.
Put £10,000 immediately into a pension plan for the future ... sounds boring but you will be so glad of that in a few years' time. It will make you serious money in 30 years' time. Take serious advice on investing in a property to rent ... perhaps a £20,000 deposit on a flat and then put aside another £10,000 to cover payments in the future until you get a tenant or if there are any breaks in payments.
You will now have a regular income fom the rent and a guarantee that you will have a pension in the future.
Blow £10,000 on some mad luxuries.
With the rest, take some good advice on where to place the money, some for easy access and some for long term growth.
2006-12-30 00:39:56 · answer #3 · answered by gorgeousfluffpot 5 · 0⤊ 0⤋
Lucky u babe. i havent ever won anything. Just wanted to say u should spend it on a luxury day. like pamper yourself. lifes not a rehearsal so enjoy it! you could give your mum,siblings dad any amount of it. probably a small amount like £50-£100. you could spend the rest on clothes, shoes and new stuff from harrods or some other POSH shop. hope you enjoy the money and you win loads more next time!
2006-12-30 01:00:28 · answer #4 · answered by LadyIce 2 · 0⤊ 0⤋
Invest in something. Play the stock market, buy a house, put some of the money in an account which will increase the ammount.
2006-12-30 00:30:22 · answer #5 · answered by Anonymous · 1⤊ 0⤋
You could Invest it in an index-tracker mutual fund. If it makes 7% a year, it will double every 10 years from now until you retire.
2006-12-30 00:33:05 · answer #6 · answered by ricochet 5 · 0⤊ 0⤋
Yeah. Right. If you won 100,000 dollars you would not be advertising it on this forum! Nice bait though I guess.
2006-12-30 00:37:44 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Save half or invest, blow £10,000 on what ever you want (personally I'd probably spend it on clothes, shoes, accessories and a car!!) and give the rest to family and friends with 10% going to charity!
2006-12-30 00:32:03 · answer #8 · answered by Jaxx 1 · 1⤊ 0⤋
Don't stop with the 100K, Save part of it. And Invest the other part into something that would earn you more. lol don't invest in gambling, do something constructive. Be an entrepreneur, luck started to go your way.
I wish you will earn more and more.
2006-12-30 00:40:46 · answer #9 · answered by Sri 2 · 0⤊ 0⤋
Pay off bills buy a nice dinner and something fun and put the rest in the bank.
2006-12-30 08:03:43 · answer #10 · answered by zeroartmac 7 · 0⤊ 0⤋
how did u win this much money? anyway buy an x box 360 a new boyfriend, give big party to u r parents, relatives and friends. then enjoy u r life.
2006-12-30 00:30:20 · answer #11 · answered by Anonymous · 0⤊ 0⤋