What would YOU do if you inherited £20000?

(136 Posts)
MoveYourArmsLikeHenry Sun 13-Oct-13 10:11:28

Hi all. Just exactly as the title says grin What would you spend it on?

Rubybrazilianwax Sun 13-Oct-13 10:12:56

New car probably

I inherited 30k. We used it to move to a bigger house.

VivaLeThrustBadger Sun 13-Oct-13 10:14:18

I inherited about 16k a few years ago. I bought a vw camper van, we then took the van to Disney land Paris. So v cheap way of doing Disney as we slept in the van.

I left 11k in the account it was in when I inherited it. It seems to make quite a bit of interest. Over the years I took another 1k out for a big holiday and another 1k out for a bike.

FruitSaladIsNotPudding Sun 13-Oct-13 10:14:35

About half on upgrading car, and various jobs around the house, and the other half to overpay the mortgage (boring).

SHarri13 Sun 13-Oct-13 10:14:51

I'd pay for a naice holiday and then put the rest into our loft conversion/ extension. Booooring.

Doodledumdums Sun 13-Oct-13 10:15:13

Pay off the 15k of debt we have and then use the rest to put towards out Florida holiday fund!

Was this supposed to be in AIBU?!

Take the dds to New York, since it is the only place that dd2 has ever expressed any desire to go.

Breathe a massive sigh of relief. grin

Move to a house with a garden instead of being stuck in this tiny, damp flat.
Take the children on their first holiday.
Visit DH's grandmother who lives at the other end of the country; she's met DD once but has never met DS.

noisytoys Sun 13-Oct-13 10:17:10

Pay off our debt. There would be no change from £20k but we wouldn't have the massive monthly repayments either

FluffyDucky Sun 13-Oct-13 10:17:18

Use it as a deposit to get onto the housing ladder!

sebsmummy1 Sun 13-Oct-13 10:17:35

Put it in the bank.

Clear debts and take a holiday I think!

Viva great plan with camper - we did the same!! Gets even cheaper if you get the half price vouchers off eBay!! We did three days and two nights for two adults, a 6 yr old and a baby on less than £100!!!

Love a bargain me.

Methe Sun 13-Oct-13 10:18:19

Deposit for another house. We've grown out of ours and we're struggling now the kids are older.

I'd probably spend a couple Fo grandfather it on a fantastic holiday too.

grovel Sun 13-Oct-13 10:18:46

Go to a casino.

TheGonnagle Sun 13-Oct-13 10:18:56

Paya chunk of the mortgage off, go on a holiday, pay off the remaining credit card debt.

NK5BM3 Sun 13-Oct-13 10:19:20

Pay to get our kitchen done up (bash wall down etc) which will be £6k. Pay off some of the mortgage and keep the rest for rainy day!

£4000 On debt. Rest on house deposit.

But what I would like to do is have an amazing holiday, laser eye surgery and a massive shopping spree.

chipsandpeas Sun 13-Oct-13 10:19:53

pay 10k off my mortgage, spend 5k on fun and 5k in savings

awaywego1 Sun 13-Oct-13 10:20:49

Deposit for a house. Renting is hard work.

FortyDoorsToNowhere Sun 13-Oct-13 10:21:46

Pay off debts and get a new car

Lara2 Sun 13-Oct-13 10:24:24

New house - that's what I did 16 years ago. It's now worth 4x what we paid. Thanks Grandad! smile

choceyes Sun 13-Oct-13 10:24:44

We don't have a car as we know live in the city so I know nothing about cars but I'm [shocked] that anybody would fritter away that much money on a car!

I have been given £30k by my parents recently had going to put it towards the mortage so we will be nearly mortgage free from next month.

EndoplasmicReticulum Sun 13-Oct-13 10:27:52

I'd pay off the mortgage with most of it, save a bit for some house things that need doing and maybe a weekend away.

iamadoozermum Sun 13-Oct-13 10:28:47

We were left £20,000 by my grandmother and we bought a newish car, replaced our central heating and new double-glazing for all house, plus making maternity leave a bit easier.

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