if you were given 50,000 dollars what would you do with it?

Answer 1

Turn it into $100,000

Answer 2

50,000 dollars. Wow!. Let's see I would first pay off any and all bills that I had. I would then turn to my parents who have worked all their life and would try to make their lives comfortable or just do whatever I could for them. If there was anything left, I would like to donate something to the Humane society. That's what I would do. But if you were given 50000 dollars you would have to search deep inside and come to that conclusion on your own depending on your needs and desires. Good luck

Answer 3

First thing first, I would pay off my debt, which would leave me with around $33,000 left. I would use $6000-$8000 for plastic surgery, and the rest for either a downpayment on a house, or a car.

I'm thinking your parents gave you that money?

Lemme tell you a story...

A Korean guy's parents gave him a lump sum of money, probably around that $50,000, for college. Instead he spent it on gambling and his girlfriend and other things, squandering it all. Meanwhile he lied to his parents and said things were going well "at his school."

One summer his dad called him and told him he was on his way to visit and see how things were going. The son got depressed and afraid so he went to a shooting range, shot up the whole place (but no people fortunately), then turned the pistol on himself...

So, if you are getting $50,000 for a specific thing, I suggest that you use it for that specific thing.

Answer 4

i know a person who literally has nothing of value; but helps everyone he can. he desperately needs a hip and knee replacements; he would be the recipient of however much it costs to have these done. just so he would have an almost equal playing field to make the most of the life he was given, on a par with most other people.

thank you for asking this question.

Answer 5

I would pay of everything but the last $25,000 of my mortgage. $50,000 is not enough for me to become 100% debt free.

atl_ace1is confused. Assuming US tax law, the person receiving the gift NEVER pays gift tax. Unless the giver give more than $2,000,000 in their lifetime, they file a gift tax return, but don't actually pay gift tax.

Answer 6

i would pay any debts
i would set aside money for my college--(currently in school)
third i would save the rest for a down payment on a house--

Answer 7

I would go to flight school and get my commercial pilot certification.

Answer 8

pay off the house and retire

Answer 9

either invest in or start a company