I have 50 grand. What should I do with it?

[effortlesslumen]

On 3.2.2023 at 6:07 PM, ZenAlex said:

I'd personally be just getting a mortgage on a decent property, have my own place, and just enjoy being financially secure, and live your life. 

I love having 5 figures in the back simply because it's there for security.

dont do this

[Bando]

@Richard Purdy In your position I would work to develop a high income skill that can generate you at least 8k a month preferably something that allows you to work remote. 

Saving 50k+ with essentially 0 bills isn't that difficult especially if you work full time, whats more important is what does your monthly cashflow look like. To put into context I worked all throughout college wheather it was on-campus IT support, Gig Work or internships over the summer and was able to  graduate a little over 70k in savings and came out with a job as a junior developer. I now work remote and have the money / time to pursue other interests and projects.

[Juressic]

On 2/3/2023 at 10:54 PM, Igor82 said:

BUY TIME!

BUY TIME!!

BUY TIME!!!

Live as cheaply as possible while being as healthy as possible (figure it out, if you wish);

and MASTER LIFE.

Invest all your time in following your soul's purpose or FOLLOW YOUR HIGHEST: EXCITEMENT, PASSION, AND JOY
 

 

Yes, that is great advice for 50k$. Buy time and build your dreams, you have nice initial capital to start building your dreams and dreams requires time.

Edited May 6, 2023 by Juressic

[Brandon Nankivell]

What are the first things that come to mind when you ask yourself?