STYLETHREAD -- LET'S TALK SHOP!

Cricket · Gucci

If you inherited $25,000, what would you do with it?

bumblebee · Coach

oh my. i guess i would roll it together with my other savings and use it for a downpayment on a house or condo.

Elle · Hermes

I'd use maybe $2 or $3k of it for various things (shopping, paying off the last of the car loan, maybe some wedding-related stuff), and invest the rest. $20k will be worth a pretty penny in 50 years or so

.

Christine · Coach

For me, it would definitely be the down payment on a house.

If I already had a house, it would pay off what I owe (student loans, the car I bought last year). Then if there was any left over, I would save the rest, except for a few hundred that I would take out for a little shopping spree.

shopgirl82 · Chanel

invest all of it. my bf gets large gifts of money every year, and i am always in awe that he puts every dime of it away. one day he showed me what is becoming of the money and this is what i looked like...

FashionPrincess · Hermes

Landscaping (Ok, I'd probably keep a grand or two for clothes and a hot bag

).

nunzi182 · Kate Spade

bumblebee wrote:

oh my. i guess i would roll it together with my other savings and use it for a downpayment on a house or condo.

I would do the exact same thing.

luckylily · Gucci

pay off debt, probably keep $500 for a pair of fabulous shoes, and save the rest.

Seashells · Dooney & Bourke

Pay off bills, Put a down payment on a condo, and buy some Manolos!

Collette · Chanel

I'd save 1/3, invest 1/3 and blow 1/3. I can't do Math so Im just using 1/3 instead of real numbers. I suck. Hmmmm now I'm thinking about how many shoes I could buy with that.

NCshopper · Hermes

I'd sell my house, and use the $25,000 plus the equity we've built up on our house to put a down payment on a condo in San Diego. (Sadly, I'm not sure that would be enough for a down payment still.)

Maddie · Coach

I'd spend $1000 on a long weekend to London to visit my friend who's studying abroad there. Maybe $500-$1000 on shopping. I'd save the rest, I don't need anything.

rocky · Coach

What I should do is use to to pay for grad school. What I wish I could do is spend a year traveling, there are so many places I am dying to visit.

blubirde · Chanel

What I wouldn't do with $25,000! I'd pay off credit card debt, trade in my car + whatever was leftover and get a new car! Yippee! $25,000 would hit the spot. Anyone care to donate to the cause?

Claudia · Gucci

Pay for my college.

bex · Chanel

use a little (like $2K) to blow on stuff

everything else in savings.

zeitgeist4 · Gucci

I would get a Marc Jacobs bag and a new computer (Apple G5).

I would save the rest and then when I get a better-paying job I could move out of my parents' house and buy stuff to furnish the apartment.

And whatever's left would be used as my "when my 16-year-old car breaks down and I get a new one" fund.

small fry · Chanel

Pay off some debts and than use that for a down payment on a house , I want so bad to own a house but my credit is all screwed up and well our income is really on the low end.

Cortney1982 · Chanel

Spend at least $2,000 to spruce up my wardrobe.

$6,000 to finish getting everything I want for my house.

The rest I would have to save. I would also use the money to make payments on my car. I would not pay it all off since I would like to keep that account open to it's full five years since I am obsessed with increasing my credit score to the maximum possible you can have.

honey · Gucci

the extremely rational part of me would say use it as a downpayment. but since i'm applying to grad school that doesn't make sense b/c it's not like i'm going to be able to afford the monthly payment.

in reality i would pay down my undergrad loans, then sock the rest in some sort of cd that i couldn't touch.