Comments on: How Would You Blow $50,000 If You Had To? https://eliteedgemoney.com/what-would-you-do-if-someone-gave-you-50000-to-blow/ Money | Minimalism | Mohawks Thu, 06 Feb 2025 13:11:41 +0000 hourly 1 https://wordpress.org/?v=7.0 By: J. Money https://eliteedgemoney.com/what-would-you-do-if-someone-gave-you-50000-to-blow/#comment-273314 Thu, 22 Nov 2018 11:08:49 +0000 https://staging.eliteedgemoney.com/?p=57977#comment-273314 In reply to Bonnie Truax.

Haha right??

Maybe you can sponsor some polar bears or icebergs while down south? :)

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By: Bonnie Truax https://eliteedgemoney.com/what-would-you-do-if-someone-gave-you-50000-to-blow/#comment-273271 Tue, 20 Nov 2018 18:03:10 +0000 https://staging.eliteedgemoney.com/?p=57977#comment-273271 In reply to Josh.

aww, at least get the puppy :)

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By: Bonnie Truax https://eliteedgemoney.com/what-would-you-do-if-someone-gave-you-50000-to-blow/#comment-273269 Tue, 20 Nov 2018 17:43:22 +0000 https://staging.eliteedgemoney.com/?p=57977#comment-273269 Invest 40K give 10K to my favorite charity…. ok, ok, I’ll play the game!

$20K on a trip to Antartica for my husband and me (yes it can actually cost that much and more)
$2K a new wardrobe for husband and me. To be honest we haven’t bought non-used clothes in years. I really have no idea how much this would cost
$5K on lifetime memberships to blogging tools (not sure it would cost that much, throw in enrollment in a few classes if I need to)
$2k on eating out, this includes really large tips
$21K left….dang this is hard!

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By: J. Money https://eliteedgemoney.com/what-would-you-do-if-someone-gave-you-50000-to-blow/#comment-273024 Tue, 13 Nov 2018 21:32:54 +0000 https://staging.eliteedgemoney.com/?p=57977#comment-273024 In reply to Ben.

high society – gonna have to steal that one :)

(also – can we be bffs for future lottery winnings??)

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By: Ben https://eliteedgemoney.com/what-would-you-do-if-someone-gave-you-50000-to-blow/#comment-273023 Tue, 13 Nov 2018 21:18:06 +0000 https://staging.eliteedgemoney.com/?p=57977#comment-273023 I love these games, I play them in my head all the time with amounts like $10m (what I’d do recklessly before settling into the rest of my FI life, where I’d draw the line among friends and family for paying off their mortgages, etc.)

With five stacks of high society (I’ve been looking for an opportunity to use that phrase for a week or so now, thanks J.) and was forced to do nothing personally financially responsible:

I think I’d take $20k and get a new (used) luxury sedan, as they’re the one frivolous vice I consider myself to have (but I’m not trying to use up the whole $50k on a car)….I found a loaded 2014 Lincoln MKZ on autotrader with ~50k miles for about $17k

I’d give $15k to my best friend of 25 years that recently got married…After some thought, I had to draw a line here; my parents are in a reasonable financial situation, and $15k wouldn’t really swing the needle for them, and I’d want to be able to give enough to be able to do so (so I nixed giving 10 friends $1k, for instance), so it has to go to my main man (he can also be trusted to be responsible with it ^_^)

Then I’d take the last $15k and take the girlfriend on a sweet two-ish week European vacation, destination(s) pending

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By: J. Money https://eliteedgemoney.com/what-would-you-do-if-someone-gave-you-50000-to-blow/#comment-273004 Mon, 12 Nov 2018 11:59:02 +0000 https://staging.eliteedgemoney.com/?p=57977#comment-273004 In reply to Nigel.

Oh wow – yeah, that is pretty wild!

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By: J. Money https://eliteedgemoney.com/what-would-you-do-if-someone-gave-you-50000-to-blow/#comment-273003 Mon, 12 Nov 2018 11:58:40 +0000 https://staging.eliteedgemoney.com/?p=57977#comment-273003 In reply to Elizabeth.

Haha… thanks for playing along though :) Cool y’all have a rooftop deck!!

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By: Nigel https://eliteedgemoney.com/what-would-you-do-if-someone-gave-you-50000-to-blow/#comment-272992 Sun, 11 Nov 2018 01:41:22 +0000 https://staging.eliteedgemoney.com/?p=57977#comment-272992 To just “blow”? Easy. Eithad The Residence NY to Sydney $21,747 each way.

That leaves enough budget for a wild 4 hours in Sydney before flying back (takes 22 hours to fly there). Or not…I think I still need to pay tax and other stuff on the base ticket…fortunately you get very nice ground service and a great private lounge if the tickets alone are more than $50K…

https://youtu.be/1R2sOr6vZqo

Insanity. Now on my bucket list…at least the $3K (one way) version…

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By: Elizabeth https://eliteedgemoney.com/what-would-you-do-if-someone-gave-you-50000-to-blow/#comment-272988 Sat, 10 Nov 2018 21:17:20 +0000 https://staging.eliteedgemoney.com/?p=57977#comment-272988 Hmm I COULD just spend the whole thing on a new/slightly used crossover SUV (a newer Volvo XC60 or maybe even a used Porsche or Mercedes or Cadillac…). Or I could spend the whole thing on a new roof, which we’ll need sometime in the next few years (includes removing and then rebuilding the rooftop deck that covers our flat townhome roof). But barring that I think I would:

Friday
$500 dinner out with my husband and drinks at a fancy bar with great view afterward.
$1000 splurge on a local hotel suite for the night

Saturday
$100 personal training session or private yoga lesson
$1500 spa half day at the Ritz plus Botox
$5000 – head to the mall for designer boots, a designer handbag, a dress or two
$250 – get my hair and makeup done on the way out
$500 – another amazing dinner/night out

Sunday
$15,000 – Prepay contractor for new windows
$10,000 – Book a long weekend trip for my 5 year anniversary in April and a January ski trip.
$500 – have one of those maid services do a one time deep clean of my whole house
$500 – load up at Whole Foods for a night of grilling the nicest steaks, an amazing meat/cheese board, great wine, delicious sides and staples for the week too.
$500 – hit up Barnes and Noble for a year worth of books to read, plus fun journals and planners

$14,650 still left…guess I’d book another trip and head back to the mall. Maybe some nice jewelry for myself (which I never buy) and some nice work clothes and designer pumps.

Yeesh, I do feel kinda dirty. Fun exercise though! Now off to do a much smaller version of the above list this weekend. ;)

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By: Lisa H https://eliteedgemoney.com/what-would-you-do-if-someone-gave-you-50000-to-blow/#comment-272981 Fri, 09 Nov 2018 15:41:17 +0000 https://staging.eliteedgemoney.com/?p=57977#comment-272981 In reply to J. Money.

I’ll be the third to mention visiting all the MLB Stadiums! (if hubby doesn’t want to go with me, I’ll bring my daughter. How did I get boys that don’t like sports?? ) And buy good season tickets to my beloved Red Sox – Throw in a European trip and I think I’ve spent all $50K – and happily I might add

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