If I gave you £50,000 - what would you do with it?

[d000hg]

Spend it? (on you or others?)

Save it? (assuming no debts)

Give it away?

Why are you assuming no debts? "Paying off debts" would be a useful option really.

Pay my CT early, and take great satisfaction in receiving interest from Hector
Oh, and buy shiny things with the rest....

a)What kind of contractor has CT bill <£50k
b)Why are you paying CT with personal funds?

[DiscoStu]

Surely the only acceptable answer is coke and hookers?

[d000hg]

I imagine if we suddenly got £50k tax-free I'd give £10k away, use £20k as an overpayment on the mortgage, stick £10-15k in a NISA and spend the rest on a holiday.

[scooterscot]

Why are you assuming no debts? "Paying off debts" would be a useful option really.

You don't save whilst having debts. That's lifting the bucket whilst standing inside it. Pointless and not as amusing.

[TheFaQQer]

Surely the only acceptable answer is coke and hookers?

[MicrosoftBob]

Take 40k off the mortgage, and spend the rest on camera gear

[d000hg]

You don't save whilst having debts

Unless you have a clue.

[NorthWestPerm2Contr]

Surely the only acceptable answer is coke and hookers?

I prefer Pepsi, tastes much better.

[Scrag Meister]

Take the wife, our kids + their significant others (8), grand kids(2) and our fathers(2) away on a once in a lifetime world tour.

Sadly our mothers are no longer with us, otherwise they would have come too.

[NorthWestPerm2Contr]

If I gave you £50,000 - what would you do with it?

You don't save whilst having debts. That's lifting the bucket whilst standing inside it. Pointless and not as amusing.

That's nonesense, I have plenty of debts which are gradually paying themselves off with very little if any interest being paid on them. In the meantime I am living and saving without the debts really affecting me.