how long would it take you seniors and other people?

Question

i just inheirited 15,000 from a long forgotten uncle.me and the wifey are arguing because it took us 1 month to go thru it all,she said i should of invested it and i said lets do what we want.how long would it of took you to spend it and what would you have done with the money.

Answer 1

i know how you feel sweetie,when ever i get a little money i blow it so fast its not funny.i noticed when you dont have much money and then get a big bunch you do tend to spen d faster than usual.as they say it burns a hole in your pocket.i hope you all had fun with it,thats what counts.i never invested in eny thing in my life so at my age i wouldnt know how to start now.i would of spent it in 2 weeks my husband said.

Answer 2

Right now? A $15,000 inheritance that I hadn't expected woud pay off my mini van. That would be a huge boost to our personal economy since we wouldn't have to make payments each month of $200.

I say pay something off with it IF you have outstanding debts that are depleting your "fluid income". $200 extra dollars a month can have a huge impact somewhere else. I paid ALL OUR DEBTS off this way, just moving money over into other areas and doubling and tripling payments with monies left over from other paid debts. In no time at all you're out of debt.

If you're not in any debt, then I'd take the wife on a "once in a lifetime cruise to the Hawaiin Islands". There's a 10-day cruise that's supposed to encompass all the Hawaiin Islands that's fabulous. Hey just DO IT!

Answer 3

I would pay off my car, and live off the rest.
My guess is your not hurting for money and I hope you have something to show for it, Even if it's just a big screen TV that you probably didn't need. Some people never learn. Easy come, easy go. Sorry I'm with the wife on this one. But it's gone now, so what does it matter.

Answer 4

I am only guessing that you aren't hurting for money. Your Uncle left it for you and you should spend it the way you see fit.
$15,000,in this day in time is really not a LOT of money. I could pay off some debts and spend that much money in a day.

Answer 5

Probably about a year, unless I bought a car with it. I would take a couple of trips. Seems like you went through it pretty fast, but then these days that's not a lot of money. Hope you paid off a bill or two.

Answer 6

Well. 15k is a good chunk of money. I would use it to pay off outstanding debts, have a nice weekend away and invest the rest in a good stock or three.

Answer 7

I would probably make it last about ten years. I am retired and have no bills to speak of. I could sure take a nice trip every year on that money. If you went though it in a month I sure hope you have something to show for it.

Answer 8

It would probably still be in a bank account. 15K is not much money, can be spent easily in an afternoon. This was manna from heaven, and could have been used as a back up if times ever needed it. Ask yourself...what in the hell did you spend it on..I suspect you will be hard pressed to come up with a decent answer. Money is like that...goes so quickly on what????? To late to worry about it now. IN looking back, did it bring you 15K worth of pleasure? I doubt it. Good luck and peace, goldwing

Answer 9

Give me the money first, then I will decide what to do with it. I know it wouldn't last too long.

I would give some to the kids first. Then buy some things I need in the house.

Answer 10

It depends on your debts.

With debts: I would have paid the suckers off.
Without debts: half to invest, half to play with.

One month to "go through" 15K?
That's pretty danged compulsive.
Cripes, you either have holes burned in your pockets or you have enough money already that 15K was chump-change.
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