Miss Know It All
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I would buy a house. I would get the listing of repo homes from the court house with no or little fee and find one. I would meet with a local bank and see if they would be willing to put your money in an investment account and finance the home. That way you will be using the interest to make the house payments. You would have your money and real estate. That would be a great start for a new life for yoU! |
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feihko
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I'm unsure of exactly what you mean by stumble. If it's actual cash and you can't prove where you got it from then be wary of arriving at a bank with a heap of notes. Large transactions of cash have to be reported by banks in some countries to authorities. |
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sunshine
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Step 1) Pay off any debt.
Step 2) Set up an emergency savings fund.
Step 3) Max out your IRA and ROTH contributions for the year.
Step 4) Invest the rest. |
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notaclue
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Invest wisely! Things like Openhiemer Funds that have shown consistant earnings year after year in the heighborhood of 25-30 percent intrest!
Do not "spend" the money on depreciatble items like cars, vacations, or items of that nature. You will find yourself penniless in no time!
I would speak with a finacial advisor but beware, and do your home work prior to any final decision you make! The world if full of unscrupulous people these days! |
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hello_kitty
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well if you come from a poor family then you should give soon of the money to your family and not spend it all in one place. use the money for stuff you need, like pay rent, bills, food, things you need to pay of and if you have extra use it on stuff you want. |
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MaryE
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a poor family may need to use the money for basic needs - food, clothing, and shelter. |
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Kristen W
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You could buy a lot of beer with 30K... |
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Brown-eyed girl
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I would say use it to get a trade or degree that will help you make money throughout life. And depending on what school route, you might have a tiny bit left over. Maybe you could put that in savings for a rainy day. |
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Linsay
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put 15,000 in your bank acount spend the rest |
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csucdartgirl
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Why would you have to SPEND it. Why not invest it or save some of it?
Otherwise, invest in an education at college, get a marketable degree, and then a good paying job so that you won't be poor anymore. |
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mikeymilla12
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Well, one option is always investing it in stock. Pick a company that seems to be on the right path and then invest. |
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fitzovich
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I would put the money into a savings account of some type and then study your options. $30K isn't a huge amount, but might be the start of a good thing.
~ |
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beyondmu
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try this///
http://www.earnxtraathomesg.com/index.php |
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oh_its_jono
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I would put half of it in a 5 year CD to use down the road, or possibly invest it to start a retirement fund... |
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Karen K
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Buy a house. Sounds weird, but if you are spending money on rent, a GOOD real estate investment will not only return and grow your money, but provide with real advantages right now. Find something that is in a good school system if you have kids (education is a great investment), put aside some money to help with the morgage payments, and a small amoutn for down payment. Just my opinion....I have 2 houses and they have paid off for me. Just don't go in over your head with the mortgagr payments...try to get a payment in a traditional morgage that is equal to your rent. |
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I<3You
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find a friend who has a nice house that u could stay at until u have enough money to buy a house, furniture, food, clothes, etc and paying your friend back for the stay
buy stocks, work |
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skyhigh
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Buy a thousand bottles of Jack D (at about 30 bucks a piece). Then, every time you feel sad about wasting your money, get drunk and fuhgetaboutit. |
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jessicamhaddad@verizon.net
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Put it in a savings account with interest. You know if you saved 3000 a year beginning at the age of 18 with a 10% interest at age 65 you would have over a million dollars... It is never too late to put money away and save. It doesn't matter how rich or poor you are, everyone needs a savings.. it also provides a lot of financial security. INVEST IT, smartest move! |
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koldsauce12
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with 30 grand and some good stock training you could make some good money. Make sure you know what you're doing though...You could lose it.
I've read that Bank CDs are useless because by the time you get the money out, due to inflation and etc. you end up with no more money than you started with.
www.stockcharts.com/education
I use charles schwab and it's nice. |
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Debt Free!
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make sure all your debts are paid off. put it in a money market account.
if you have no debt, you can build wealth quicker. |
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biiiiaaach
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Education. It's the only sure ticket out of poverty. |
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Alex D
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I made a couple of thousands in the past year by just following Mad Money with Jim Cramer's advise...go to the CNBC website. |
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eviot44
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stop making dreams the money is mine i lost it yesterday right where you find it.. amazing no body told you the money is not yours to keep and you should turn it to the owner.. what a shame.. |
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mr_hotwheel
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Turn it over to me! |
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