Ask Lemmy

I'd pay to get my roof fixed and if there's something left I'd buy some tools and maybe upgrade my PC.

I'd spend about $3k on something unreasonable like a bottle of scotch. Or maybe several $500-750 bottles I will actually drink soonish so I don't end up never opening the $3k bottle always waiting for the right time. I'd also get my wife a nice bag in a price range she would rarely get for herself, so another $2-3k. The rest would go in my brokerage.

That's easy. Heat pump & bathroom remodel.

Give some of it to my family and get a used car.

Buy the cheap old beater down the road from me. Pay my truck down and sell it. The rest goes to the house.

I'll donate it all. Nothing left, nothing to lose.

Define spend. Other people are talking about converting it to stocks, but that feels like cheating, since if you're already set up for that it's like a bank account that goes up and down a bit.

I also thought of a used car, since I can definitely spend that much on it today, it's probably worth about as much tomorrow, and it's a physical thing that definitely counts as a purchase.

If it has to be things I can't ever resell, I'd be at a loss. Maybe a bunch of radio kit on Amazon and a good meal.

There won't be anything left, I'd take a bit bite out of my debt.

Any of the following:

• Materials needed to make an open source 3D printer, co2 laser, and pick-&-place machine
• Materials needed to make a hydroponics garden system and precision fermentation system
• Materials for a LiFePO4 battery and solar energy system
• Putting a dent in both my personal debt and that of my family and friends
• Donating that 20k to my local makerspace to improve their operations
• Starting a nonprofit

Smart answer: put it all towards my student loans

Assuming I need to like, actually pay for a good or service... New computer, new computer chair, gifts for Christmas, fancy digital piano, a couple gift cards to a restaurant I like, a handful of games, some nice but kinda expensive clothes, some VSTs...

If I quickly math all this out with generous assumptions for the price... That still puts me well under 20k. I dunno, I'll go eat at a favorite restaurant of mine and tip the waitstaff whatever is left.

20k is one medium home remodel (one deck, Hall bath, or painting the outside), half the price of my sisters powerchair, or paying down half remaining on my car

Does the government know I have it? Because it will cut off my disability, my medical, food stamps, and I'll loose the ability too live anymore.

But of course I would spend it on basic necessities if the government won't know about it, stock pile of non perishable foods, toilet paper, fixing the broken shit around my place (as much as my landlord allows) maybe a new bed that's not 10 years old.

It's not real that much but it would help my quality of life for a bit longer I guess

No one wants to donate it to charity of my choosing?

(What if the charity is just a thin veil over my own account)

Am I allowed to just buy a different currency like Euro or Bitcoin?

It speaks a lot of today's world when so many replies were about some type of debt or replacement of assets. My gut feeling is if the rules don't require a tangible purchase (aka Brewster's Million) putting the bulk into something that will grow the base amount is the best option. But it depends on any debt and its interest rate, as removing that expense is usually the best move as their rate is going to be far greater than any interest you can gain.

If I could find one cheap enough and get everything settled in a day, I think my family needs a new¹ vehicle more than me being selfish.

I was gonna leave a comment about all the things I would buy, but I stopped for a brief second to consider I wouldn't have the space in my room for everything I want. All the manga, games, and CDs I'd end up buying. Though, getting a tall plastic storage tower is an absolutely nonnegotiable thing I would buy without question before everything else.

¹ new as in something that fits our needs and doesn't need a lot of maintenance immediately after being bought just to get it running.

Shit I don't think you realize how little $20,000 really is. Hell there's very few new cars that even cost 20 grand. I could have it gone in less than 5 minutes.

Health insurance

My daughter says pokemon cards

I'd go to the warehouse store and load up on non-pershable food items my family uses for no more than $1000, then donate the rest to Wikipedia so I never have to see Jimmy Wales' face again when I'm looking up tin pest, Rob McElhenny, or Regulate (my most recent three Wikipedia pages in my history).

20,000€ of service (idk making a sandwich or something) to our significant other that way we reap the reward of having money and it wouldn’t expire as it is considered spent.

Fr tho, would pay back debts to our friends who have helped us, donate some to the community, buy A BUNCH of food for the fridge, buy a bunch of stuff off of steam, new PC for us and significant other and a NAS. Hey a bunch of clothes, etc. any money left over we’d buy physical silver or gold and once time is up we would sell the physical worth back.

Does it works if I get it back latter doznpayement for a 2 million house, with a "provided mortgage is approved clause". 2 weeks latter tell that the bank doesn't follow. Too bad I am not rich.

Alternative is a second hand ultra light plane, wit. That budget I may buy something cool.

Ill buy a shit ton of gold with it

Put it in retirement accounts.

Student loans... Oh wait.

Buy a car, finish paying off a loan, get a shed and greenhouse in the back yard, some landscaping

My 40,000 of debt probably

Sounds about enough for a decent down payment on reliable vehicle. Then I would still have to pay off whatever is left and make insurance payments and licencing tax, so ironically if I magically made 20k, I would end up spending more than solving anything.