Thursday, February 16, 2012

Inheritance-What Would YOU Do?

You just got word that you have inherited $50,000 from a long lost deceased relative.  Your parents have given you permission to decide what you can do with the inheritance.  Your future is in YOUR hands.  What would you do with the money?  Please elablorate, giving reasons for your decision.
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29 comments:

  1. rachelFebruary 20, 2012 at 10:47 AM

    I would probably take about $1,000 to use for a little shopping spree. Then I would give some to charity because it's important to give back. The rest I would save for the future. I could use it for college or to help get me started in whatever career I choose.

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  2. rexy-sonFebruary 21, 2012 at 8:57 AM

    With the money i inherited i would invest my stock in to several companies.I would give back to my community alot... Since the heights is poe i would help fund schools and educational activities. Also more oppurtunities for college and scholarships for everyone. then with the left over money i would give back to my parents for supporting me throughout my childhood! <.<... >.> (3^_^3)

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    1. destinyFebruary 22, 2012 at 10:34 AM

      yeah you should totally like give some money to Kennedy... tell ma i said hi

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    2. ErikFebruary 22, 2012 at 10:35 AM

      That is a very nice thing you would do with the money.

      Delete
  3. destinyy(:February 21, 2012 at 9:08 AM

    well with my inheritence... i would most deff give my lovely father almost most of the money and i would put forth some money towards my college education and buy some pretty popular stocks. I would give to worthy causes that i honestly believe are actually helping people. Lastly i would shop til' i dropp(:

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    1. rachelFebruary 22, 2012 at 10:34 AM

      i like that you'd give back to ur dad. :) Why do you say "worthy causes?"

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    2. destiny(:February 22, 2012 at 10:35 AM

      i dont feel that some charities are realistic... like that dude who pretended to be a charity

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  4. ChristinaFebruary 21, 2012 at 10:30 AM

    I would put it in a college fund so I could have school paid for and I wouldn't have to depend on a scholarship. By gradauating college, I'll be able to get a good job and be able to make more money in the future.

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  5. jenniferFebruary 21, 2012 at 5:36 PM

    What i would do with the monye is to save put in a savings acount for college. If i had extra i would give to my parents for there own things. One thing for sure is that i would be realy lucky to have the money. :)

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  6. ErikFebruary 22, 2012 at 10:29 AM

    Give half of it to my parents and use the rest for myself.

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    1. rexFebruary 22, 2012 at 10:32 AM

      i don't think this is a valid response i would like to here more.

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    2. justinFebruary 22, 2012 at 10:33 AM

      I like the option of giving it to your parents. I wonder what they would do for u since u gave them the money?!!

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    3. MarisolFebruary 22, 2012 at 10:36 AM

      What would do with your share of the money??

      Delete
  7. JustinFebruary 22, 2012 at 10:30 AM

    First off I would put my money into a cd so my money can double.Then i would take half of that and put it into another cd and take the other half and buy some land.When my money doubles from my second cd account i would keep taking half and put the money other cds and take the other half of the doubled money and build up my company on my land to make more money, make more cds and when i have enough money to spend on myself with out hurting my company and buy whatever i want!!!

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  8. dejaFebruary 22, 2012 at 10:33 AM

    I Would Put Money Up So I Can Pay For My College Fund So I Could Get A Good Job. Then I Would Buy Me A Car, With No Car Note. Then I Would Pay Off My Mama Debt If She Had Any.

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    1. Amilah:)February 22, 2012 at 10:40 AM

      Oh , really. You should also buy your little friend (MILAH] a mercedes. & i want a shopping spree. Nothing but gucci and abercrombie.

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  9. MarisolFebruary 22, 2012 at 10:33 AM

    I would open two bank accounts one for me and one for my mom. With my money i would use it towards my collage education. :)

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  10. susieFebruary 22, 2012 at 10:34 AM

    if got that money i would first put some in my college acount then i would spend some of it ather that i would share some of it with the family members i like lastly i would put some of it in my brothers joeys college acount because he doesnt have alot.

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  11. taty(:February 22, 2012 at 10:35 AM

    i would put some aside for collage then i would put some aside for my parents then i would build my own company i would try to invest in new things i would try to make a difference in this world with that money i have (: <3 :D

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    1. Stephanie :)February 22, 2012 at 10:43 AM

      But you should also think that if you invest you can go bankrupt and lose all your money. I would recommend saving and use the money as a back up plan.

      Delete
  12. Brianna Brown ;DFebruary 22, 2012 at 10:35 AM

    I would put it in the bank . I would wait till I would be old enough to not depend on my parents . With the money in the for such a long time is a good thing because by the time I take it out it would be more then I put in because all of the intrest that bulit up .

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  13. Amilah :)February 22, 2012 at 10:36 AM

    With the $50,000 I would go shopping on a shopping spree with my two sisters. I would buy my sister who's 16 a car . I would also give my mom and grandmother some money. I would put some money away to start saying up for college.

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  14. ErikFebruary 22, 2012 at 10:38 AM

    Since Rex wants me to put more,then I would use the half for clothes and other things(Electronics,Shoes,and Games)

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  15. Minerva(:February 22, 2012 at 10:40 AM

    I would put the money in a savings account and try to earn interest so I can pay to get into a good college.

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  16. jailynFebruary 22, 2012 at 10:40 AM

    With 50,000 Dollars , I Would Give My Mom And Grandma Money . I Would Buy A Lot Of Stuff For ME ANd My Siblings . Then Buy Myself Stuff And Save The Rest In An Account . That Way , I Won't Blow Through All The Money .

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  17. Stephanie :)February 22, 2012 at 10:41 AM

    I would take like $2,000 for shopping and other expenses. The rest i would save for my future so I could go to the university I have always wanted to go, Harvard University. I want to save it because i want my future to be secured. I don't want to make plans and not have money for it.

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  18. Mercedes(:February 22, 2012 at 6:56 PM

    With 50,000 dollars, I would save $49,000 of it for collage. Hopefully over time I will earn intrest so I could get into a really good collage. With the $1,000 I didn't save I would use it for my expenses.(shoes; clothes; music; etc...)

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