If you unexpected receive a large amount of money ,how will you deal with it?

China
June 13, 2010 4:03am CST
In my view, if I was gifted so much money ,I could do three things. FirstLY, I will purchase a lot of good quality clothes and foods to send some remote places which is so poor,especially to the primary school,which is so hungry about it.In addition ,I will donate one second of the money to them. Secondly, I would buy some nessecities for my parents and graparents for their hobby,such as the several types of china,stamp they collect.Because during the course of growing up, I have gotten so much help from them.When I'm in trouble,they also give me so large comfort which is so essential in my daily life. Thirdly,I will buy somethings I have been eager to get,maybe most of you guess which is some luxurious diamond,no, just the tuition for going abroad and the books neeing to have,the money which be used in the making one progress is more valuable way I think. The above words have expressed how I deal with the unexpected money.
2 people like this
19 responses
@Bazerk (297)
• New Zealand
13 Jun 10
Depends on how much, but I would definitely give some away, probably to charities etc. Then I would buy some stuff, new skateboard, camera, etc. But I would really be wondering how the heck I got it?
1 person likes this
• Mexico
13 Jun 10
Bazerk: I think the first thing I would do in my case would be to put everything in order to know how I'm going to plan to distribuate the money and I agree with you that a way to thank god would be giving some away. Thanks for your answer. Have a nice day. ALVARO.
@gracielle (346)
• Philippines
14 Jun 10
i will save it to my bank account, you don't need to spend it right away, it's also not a food that will spoil if you don't eat right away. Save it first then you'll have all the time in the world to what, where, when & how will you spend it. Important is that your money won't go in vain.. Spend wisely, that's the only key.
@gokhale (97)
• United Arab Emirates
14 Jun 10
There is no chance of receiving large amount of money. But if I really get, I will invest 50% in gold, fixed deposits, shares, which will appriciate in future. 20% for charity.10% to my friends and nearones who helped me.Balance for my beloved wife, kids and parents
• Philippines
14 Jun 10
I think the first thing I would do is definitely to buy myself a house, it's a great investment, plus I can make sure that my family and I would always have a place to live. The next would be to definitely buy necessities for the family, and then invest. And if there is still money left, I would build my own public library, because it is really one of my dreams, to have my own library, and have people come and enjoy reading the books that I really love.
@ebuscat (5935)
• Philippines
14 Jun 10
For me at first you never do about saving's it is intend it for buying anything until such time it became mini after all you do saving's oh what a unreasonable thing.
• Canada
14 Jun 10
If I came upon a large amount of money like this I would pay all my bills first! Thats my major downfall, so that would be my main priority to set me for the future. I would also invest in some stocks and put my money in the bank and make it grow.
• Philippines
13 Jun 10
Hi, if ever I received a large amount of money unexpectedly, then first I would keep and save a trust fund for my baby for his future. As a soon to be mother, my first priority will always be my kid. then i will give to our local church for the church needs 10% of the total amount that I got, it is always good to give back to the Lord for all the blessings that we have been blessed. If I have more money left then I would try to start up even a small business that will help out for our needs aside from my salary from work. The way you handle money is very important, you have to make sure you put it into something that is worth it.
@ik4man (627)
• Malaysia
13 Jun 10
With unexpected large amount of money...the first thing i will do is to pay off all my debts/loan (home/car loan,personal loan,any monthly installment etc)then i will repair or renovate my house...make it a better home for the family! or else...i will buy a new house....will buy a car for myself. I will make sure all my kids requirement are fulfill, such as good schooling, healthy food, nice clothing etc. Not forgetting all my dreams to become true!! After that i will make several big investment for the future income. Last but not least...i will help my relatives and friends who faced financial problems.
• China
13 Jun 10
If such great luck occurs to me,I would deposit it for days to ensure it not a trick fristly.Then I would divide these money into four parts. The first one is to for going shopping ,I want to buy some goods which I have strong desires on already or my friends and parents are fond of .The second part as well as the biggest one is for investmest to make sure my profits in the future better and better.The third one is just for deposit in the bank to earn a living.And the last amount of money I would use to help others suffering from sickness and starving.I want to expand my happiness and share it with others who are still in desperate need of food,clothing amd education.
• India
13 Jun 10
there is no chance to get unexpected money so far. hereafter if i will get unexpected money i take some money for me and i will donate to innocent people for their studies and their foods and other helping activites
• Mexico
13 Jun 10
Hi lan you blue: First of all I think I'll count my money to organize my priorities. First I'd celebrate with my bro and my aunt. I'd go dinner, to the cinemas, I'd buy me somebooks. I'll let an amount for my education. I'd invest a part of the money with the help of my brother that is great doing financial investments and the rest I think I'd spend it helping my family. Thanks for asking us this question. Have a nice day. ALVARO.
@hanuma34 (819)
• India
13 Jun 10
Whether expected or unexpected money is always welcome. How to spend a windfall will depend upon many factors. Everyone has some need always. When somebody gets lots of money he/she tries to fulfil the needs first. Thereafter, some philanthraphy. It all depends on the quantum of the windfall.
@SilverKing (1003)
• Canada
13 Jun 10
Well I would deposit a good portion into my bank account.Then I would carefully spend the remainder on my expenses and rent.I would invest some in precious metals such as gold and silver.This way i will be able to preserve my wealth and the amount invested would grow.If i had 10000 then this would be adquite amount to invest in gold and silver.I would make sure none of this money got wasted and donate some to charity to help out the neighbourhood's less fortunite.
• Philippines
14 Jun 10
Many things are possible thru money if i were to acquire such amount primarily i would spend it to buy the necessities of my family and save it. Money is not a infinite resource so its better to save than sorry. But if for personal use lets just say if i were to follow my own luxury (just an example) i would buy lots of books well im kinda of a book geek i always feel relaxed when reading a good novel or two secondly up-to-date computer equipments will be included its also one my fave past times browsing thru the net and keeping my pc up to date with latest softwares and hardwares.
• Philippines
13 Jun 10
exactly how much money are we talking about? haha the first thing that i will do if i received an unexpected large amount of money is to check and find out if it is legit. i don't want to go to jail by accepting an anonymous dough. but if it's legit, then i'll spend it like there's not tomorrow. am not gonna write here stuff like charitable works and all. since this is just a hypothetical question, i will be a little selfish. come on, only in this post i can spend that much money. haha. first of, i'll get the first available trip to canada. i will book a stay in niagara falls for couple of days. that's where i'll get the most delicious meal in my life. then i'll go to UAE and book reservation in Burj Al Arab and Burj Khalifa and simply enjoy the delicious food of the arabs. i will do a lot of traveling. next i will purchase the nicest car in town. and probably get a nice space to live in. i just hope that a genie won't pop out and tell me that this is temporary. haha.
@varron (453)
• Philippines
13 Jun 10
If you received a lot of money, the first thing you should do first is to deposit these moneys to the bank for security purposes. It is dangerous to hold those moneys in your possessions as security is concerned. The second thing is to think wisely about the things you really need.Then if you want you can purchase those things using the money that you have. Do not overspend your money, save the other for your future use. Try to think also about an investment, if the money is a lot enough, then you can have it for an investment.
@Cutie18f (9551)
• Philippines
13 Jun 10
If it is really a big amount of money, I will surely save some of it and some of it I am going to use for business so I can grow it to help my family and other people. If it is big enough for me to buy a car, I'd surely get one for myself so I can freely go places.
@rosie230 (1703)
13 Jun 10
I agree, it would depend entirely on how much money I was to be gifted with, especially as in this day and age money does not seem to go very far. But saying that, I would buy a house big enough for my family, with a garden big enough for my kids to enjoy playing outside, because at the moment we are quite squashed here. Then I would treat my family, and give some money to my parents for all the help they have given me in the past. Then I would sort things out for under privilaged countries, but I am sure that there are a lot of other things I could do with the money. It is nice to dream I guess
@puccagirl (7294)
• Israel
13 Jun 10
I would probably give part of it to charity, and buy some things for friends and relatives that don't have that much money. The rest I would probably invest somehow, possibly in real estate, since I think that's a wise investment in general.