I have more money than I know what to do with. What would you suggest?

InvesterJones

Paying more money to the state/fellow tax-payers than required is a form of philanthropy. And philanthropy is a perfectly valid option for someone who has more money than they know what to do with (see also winter fuel payments to wealthy individuals), though personally, I would also consider whether the money could be put to more good (in my eyes) if it were targeted to a different demographic than UK tax-payers as a whole.

hallmark

tunde10 said:

Deffo do not repay the student loan early.

It's disappointing to read that the generation who got free University education & grants are advocating for a repayment of a loan where the OP doesn't earn enough to do so.

This isn't a generational issue.  The OP's student debt will be paid by his generation either way.   The only question is whether it's repaid by the section of that generation who benefited from it, or by everybody, regardless if they went to university or not.

The same was true of "free" tuition in the 70s/80s/90s.  The vast majority of the generation you are disappointed in, did not go to university.  They just paid for the small percentage of the population who did.

doriangray23

boingy said:

Regardless of your health, put some in your pension.
Then allocate yourself a couple of thousand as frittering money and make yourself fritter it away. If you struggle with this aspect of the plan then send it to me and I'll fritter it on your behalf.

BTW, don't go to Paris, or any other "top tourist destination". Those places are always a disappointment (other opinions are available).

Paris is a literary interest- Wilde is buried there. I'd struggle to find him anywhere else 😀

Ocelot

hallmark said:

tunde10 said:

Deffo do not repay the student loan early.

It's disappointing to read that the generation who got free University education & grants are advocating for a repayment of a loan where the OP doesn't earn enough to do so.

This isn't a generational issue.  The OP's student debt will be paid by his generation either way.   The only question is whether it's repaid by the section of that generation who benefited from it, or by everybody, regardless if they went to university or not.

The same was true of "free" tuition in the 70s/80s/90s.  The vast majority of the generation you are disappointed in, did not go to university.  They just paid for the small percentage of the population who did.

Indeed. Only about 5-10% of people went into higher education, even in the 1980s. That's why tuition could be free.

Eldi_Dos

doriangray23 said:

boingy said:

Regardless of your health, put some in your pension.
Then allocate yourself a couple of thousand as frittering money and make yourself fritter it away. If you struggle with this aspect of the plan then send it to me and I'll fritter it on your behalf.

BTW, don't go to Paris, or any other "top tourist destination". Those places are always a disappointment (other opinions are available).

Paris is a literary interest- Wilde is buried there. I'd struggle to find him anywhere else 😀

If we are digging up this old chestnut again ,do you think Oscar had paid his debt to society before he pegged it?