Ask Lemmy

Any of the following:

• Materials needed to make an open source 3D printer, co2 laser, and pick-&-place machine
• Materials needed to make a hydroponics garden system and precision fermentation system
• Materials for a LiFePO4 battery and solar energy system
• Putting a dent in both my personal debt and that of my family and friends
• Donating that 20k to my local makerspace to improve their operations
• Starting a nonprofit

Inventing it all so nothing would be left over

does buying investments count as spending?

Like 15 abortions. God I love abortions.

Smart answer: put it all towards my student loans

Assuming I need to like, actually pay for a good or service... New computer, new computer chair, gifts for Christmas, fancy digital piano, a couple gift cards to a restaurant I like, a handful of games, some nice but kinda expensive clothes, some VSTs...

If I quickly math all this out with generous assumptions for the price... That still puts me well under 20k. I dunno, I'll go eat at a favorite restaurant of mine and tip the waitstaff whatever is left.

Index fund. Duh.

I'd go to the warehouse store and load up on non-pershable food items my family uses for no more than $1000, then donate the rest to Wikipedia so I never have to see Jimmy Wales' face again when I'm looking up tin pest, Rob McElhenny, or Regulate (my most recent three Wikipedia pages in my history).

There won't be anything left, I'd take a bit bite out of my debt.

Define spend. Other people are talking about converting it to stocks, but that feels like cheating, since if you're already set up for that it's like a bank account that goes up and down a bit.

I also thought of a used car, since I can definitely spend that much on it today, it's probably worth about as much tomorrow, and it's a physical thing that definitely counts as a purchase.

If it has to be things I can't ever resell, I'd be at a loss. Maybe a bunch of radio kit on Amazon and a good meal.

I'll donate it all. Nothing left, nothing to lose.

1. indoor grow setups/storage/fertilizer with the best lights. for both what you're probably thinking, and for my houseplants.
2. enough wood/other materials for a shit ton of trellising and soil components for my garden next year.
3. If there's anything left over, I'd donate it.

Ill buy a shit ton of gold with it

Would have to be cover the roof in solar panels and a battery set-up. Suddenly no electricity bills would be sick, then you add the potential to make money however miniscule instead... With no up front real cost it's a no brainer to me

Paying less than 20k due to conversion of my 85k UK student loan debt wouldn't be worth it

I've learned reading these comments that way too many people don't know just how little 20k is.

Pay off debt, no question.

I’d buy stock, bonds, or perhaps a lifetime supply of an air freshener. We’ll see.

Something like SGOV until I figure out what to do with it.

3-4% APY sitting around is nice.

Buy the cheap old beater down the road from me. Pay my truck down and sell it. The rest goes to the house.

Debt. Though honestly I'd ask my extended friends if they wanted to a down payment on a house first.

I don't think anyone is stuck renting but if I could fix that in a day I'd check with everyone

Index funds

Give some of it to my family and get a used car.

Goodbye student loans! If there's money left over I'd have to decide between something hot to wear for the wife (and maybe for others) or replacing my terrible and broken computer monitors. But let's be real the only thing left over will be debt.

~~Deposit for a house~~ no I'd never get the paperwork together in time

~~Car~~ maybe, but I havent got a full license yet

Bad boy gaming PC, Katwalk, as many peripherals as I can find and a pallet or two of wholesale tinned food.

Skidsteer, beep beep motherfuckers.

I’d use it to pay my mortgage. That would bring me down to like $6k (bought this place a long time ago on foreclosure, so it was cheap but it’s a piece of shit place, so tradeoff). I’d then just pay the remaining 6k from savings and have zero leftover savings (but that would replenish eventually), and be done with it forever. That would feel amazing and take a lot of stress off my fixed income situation.

Gold.

Buy a car, finish paying off a loan, get a shed and greenhouse in the back yard, some landscaping

That's easy. Heat pump & bathroom remodel.

We could really use a second vehicle. I want one of those Japanese trucks with the tiny engines and folding truck bed. Good on gas and can still haul things around for diy projects.

Anything left over would go to a GoFundMe or a Gaza aid relief. If I already had that second vehicle id probably donate half and invest the other half into gold, for emergencies.

Student loans... Oh wait.

Put it in retirement accounts.

I'd spend about $3k on something unreasonable like a bottle of scotch. Or maybe several $500-750 bottles I will actually drink soonish so I don't end up never opening the $3k bottle always waiting for the right time. I'd also get my wife a nice bag in a price range she would rarely get for herself, so another $2-3k. The rest would go in my brokerage.

On corrupt politicians to ban the AfD

I volunteer at some food pantries, and they could really use the help.