Be boring and invest it or put a deposit on a house.
Or blow it on a year long adventure travelling around the world.
I am 25 and single.
2007-03-08 00:38:30 · 34 answers · asked by abluebobcat 4 in Entertainment & Music ➔ Polls & Surveys
Send some to me, Please!!!
2007-03-08 00:41:59 · answer #1 · answered by Celeste P 7 · 3⤊ 0⤋
Why can't you do both? First I would hurry and put all my winnings into a high interest savings account, the sooner you put it in the sooner you can begin making money on your. Here in the states we have an on-line bank called ING that has a really high interest yeilding savings account. They just started a checking account that offers interest as well--I would open that too so that even when you transfer it to checking you still acrue some interest. I would put about half in a 6month cd and have the interest transferred to my savings account--this way your money is constantly acruing more money/
Now with that said--you are 25, single and I am assuming have no kids!!! You could travel like a king!! in fact you could take several thousand pounds and go somewhere like India and live the life of a jetsetter for several months (my friend lives there in a penthouse apartment and has a personal driver and maid all for under the equivilant of 500 american dollars)or travel across Europe staying in hostels and exploring the world that way. Then later, with the money you have stashed in your short term cd, you can put a down payment for a home or save it for a rainy day...
I hope this was helpful!!! Remember, smart money makes money!!!
2007-03-08 01:09:29 · answer #2 · answered by Ready 2 · 0⤊ 0⤋
Dont use it as a deposit when you can get good 100% mortgages nowadays. You could invest a little bit of it. Pay off any debts first, i know thats the last thing you want to do with it but once there gone! Then just go travelling, i travel a bit now, but i wish i did it when i was 25 and single, oh and dont get coupled up, this is YOUR money.
2007-03-08 01:00:33 · answer #3 · answered by rose 3 · 0⤊ 0⤋
Please don't take offense, but you are young and need to plan for your future. Not knowing the amount in American dollars, I would say to divide it into thirds. Put one third on a house, one third into savings or investments with the advice of a reputable broker, and cut your year long trip down to 6 months or less and you will still have the fun and memories, a hefty bank account at retirement and a house that should be paid off by the time you retire.
2007-03-08 00:44:22 · answer #4 · answered by nancy w 3 · 1⤊ 0⤋
Blow it on travel - but don't think it will be enough for a year.
Live and enjoy while you are young and have adventures that you will remember all your life. Have tales to tell your grandchildren - you never know what opportunities are around the next corner.
2007-03-08 00:43:47 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Use some to go on holiday and some to pay off any loans if you have some. Take your family and friends out for dinner. Also I know that you think its being boring but invest some of it at least, because you never know when you might need it
2007-03-08 00:48:22 · answer #6 · answered by Baps . 7 · 0⤊ 0⤋
I was going to say send it to me but since your 25 and single you should definitely go out and travel the world. I wish I could have at 25.
2007-03-08 00:45:02 · answer #7 · answered by ? 4 · 0⤊ 0⤋
£15.000 is not loads these days, save half for a deposit and go on a round the world trip,my friend has just come back and is saving4000grand to go again. Well done
2007-03-08 00:58:03 · answer #8 · answered by SOJLO 3 · 0⤊ 0⤋
Go off around the world ! Make the most of it . You might never be able to do that again.
2007-03-08 00:43:37 · answer #9 · answered by Looneylady 3 · 0⤊ 0⤋
Stick 5 grand in the wallet you said you lost then stop writing ficticious questions
2007-03-08 00:43:06 · answer #10 · answered by Anonymous · 0⤊ 0⤋
Travel the world. No doubt.
2007-03-08 09:02:15 · answer #11 · answered by Anonymous · 0⤊ 0⤋