I think I'd keep £15k for personal reasons, holidays or experiences etc. The rest I'd use to help my immediate family financially and alleviate the pressures from their financial situation.
well, that's about 29000€ ...not a whole lot, really, probably pay back some loans, buy a decent PC for my girlfriend and invest the rest; perhaps leave 3k aside so she can start with her correspondence course;
if it was like 80k, i might try to buy myself into a friends business..
if it was around 200k, i'd buy property that has been in the family for almost 130 years and is about to go on sale
I would probably move to america and spend all the money on getting myself a couple of lawyers and then sue the state of california for the sun being to hot and make a couple of million dollars.
I'd buy the right to live in an apartment in Stockholm - o wait, thats at least 200k, likely 350k for something nice and then another 50k for renovating.
I'd buy something for myself and the gf, probably some furniture / kitchen utensils or w / e.. Then save the rest in bank account... Maybe research how to invest intelligently.
well first off, it was a different world back then, even before 2000 it was vastly different. second, i like to live the high life worry free thanks. also how old were you for your first kid?
Last edited by slacker4life at 2013-07-20 19:03:54
different times my man, avg 23 year old today is still in college or with some worthless degree, in debt, living with parents, with little to no good job prospects. or doing slightly better on their own or with roommates struggling to pay all their bills in some shitty house/apartment driving some crap car. huge majority of people under 25 and many under 30 with kids are and will be horribly unprepared for life. make enough to just get by now, but some day retirement time will come and they'll have nothing for themselves all the while offering the bare minimum to their kids through life.
i'm pretty close to not having any of those issues and 30 is still plenty far off *fingers crossed*
Im with s4l on this, there is really no reason to have a kid(s) until you are at least 30 and are more financially secure to provide for them. You at the very least need to have enough to get health insurance and pay for a private school.