What would you do with £10k, £20k, £50k, £100k, £500k?

jozbo

£10k new kitchen and the rest towards S&S ISA
£20k new conservatory roof, convert garage into occasional accomodation and the rest in S&S ISA
£50k top up both S&S ISAs and max out SIPP contributions for partner 
£100k All of the above plus max out all S&S ISAs and SIPPs including child JISA and SIPP
£500k All the above plus pay off mortgage and consider a BTL renovation (if the numbers stacked up)

Dandytf

eskbanker said:

Dandytf said:

10K from 13K redundancy, immediately re paid 5K Lendable loan+866 SC DMP balance.
Leftover funds spread across HL/RBS Investments.
600 pounds MOT Inc' Timing Belt.

other mentioned sums, No Comment, as not experienced them.

thanks OP Interesting thread.

[DELETED BY FORUM TEAM]

point taken, though I enjoy posting what I can do, rather than what can't be done 😉

thanks

IvanOpinion

newatc said:

For all amounts give it away to family.

Mummy 

Time4T_Accounts

Ok ... wind the clock on ... you’re retiring, and (subject to changes in the law)  you’ll have the opportunity to take a tax free lump sum from your pension.  And so you may well have just such a large lump sum ... now - still just for fun of course - what do you think you might do ...?

happymum37

£10k .....£8k off the mortgage.  Rest into kids fund
£20k...... £10k into mortgage plus £10k into pensions
£50k..... yes please. £25k into mortgage £25k into major renovation on house.  Extra bathroom built on
£500k.... just imagine. Mortgage would be gone.  100k invested for the kids.  £200k invested for the pension . £100k on a buy to let and £50k to just enjoy between now and retirement.  Decent holiday every year but nothing flash.  Just comfort and safety
.

cfw1994

ChilliBob said:

dunstonh said:

£20k - decorate the hallway

Blimey mate, that's some hallway!

Pffft….I reckon our hallway could easily need that to smarten it up.

If we got a £19k chandelier 🤪

£10k/£20k - some party fun with family & friends.   Bigger sum=bigger party 🎉 The CovCurryClub would get a meal paid for too 💪🍻
£50k….maybe the party could be somewhere more exotic….maybe some ski fun ⛷ 
£100k…the above, plus I might upgrade the Figaro to an Aerial Atom….or maybe just book some track days…pop some into the kids LISAs too…
£500k….share more with family/friends.  Woelcke campervan.  Holiday down under: visit friends and family there 🗺   Maybe pay our volleyball club costs for the year….

Ah, it’s good to dream 🤣👍

fourmarks

10k    Pay gas and electric bill.

20k.   Pay gas and electric bill, put full tank of petrol in car.

50k.   Pay gas and electric bill, put full tank of petrol in car, pay 12 months sky subscription.

100k. Pay gas and electric bill, put full tank of petrol in car, pay 12 months sky subscription, send Xmas cards by 1st class post.

500k.  Pay gas and electric bill, put full tank of petrol in car, pay 12 months sky subscription, send Xmas cards by 1st class post,             buy peerage in New Years honours list. (Note to self - keep receipt)

newatc

Sending Xmas cards by first class post is a bit ostentatious imo especially on 100k

fourmarks

newatc said:

Sending Xmas cards by first class post is a bit ostentatious imo especially on 100k

We're only here once.

Langtang

cfw1994 said:

  Maybe pay our volleyball club costs for the year….

VB club fees! There's a blast from the past. The amount of weird and whacky fund-raisers we set up back in the day.....