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What Would You Do With 25K?

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abstibus | 13:02 Sun 30th Dec 2012 | Personal Finance
53 Answers
If you unexpectedly had 25K coming your way in the next few weeks, what would you do with it? New car, though current one fine; toy boy; under the mattress; AB Relief Fund?
Any suggestions welcome.
Not a bank with their derisory rates, please.
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i'd pay it off my mortgage
I'm with Squad, premium bonds are brilliant, chance of winning, and you can get your money back if you want it for something else tho in the future.
I'd buy Krugerrands and hide them under the floorboards
Certainly would NOT go for a toy boy!!!!!!
although Anne, I would say, its always prudent to put a little in the bank, for emergencys and rainy days, just in case.
Give it to McMillans.
mr moneysavingexpert was saying the other day what a poor return PB's have compared to even a low rate savings account. I guess it wouldn't be true if you won the top prize, but for the vast majority, they are a poor bet
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I'd give some to my parents and use the rest for a deposit on a flat... Boring really lol!
Upgrade both cars and have a decent holiday or two!
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Premium Bonds aren't such a good investment. I had the maximum allowed and over 2 years won £250. Drew them out and invested in ISA and a 5 year Bond.

If I were to inherit £25 K now I would share it between my son who has had physical health problems unable to work for the past 6 months, and my Grandson who is getting married next year.

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