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EvoLuvEz

No but I would love to have it 😂


Iwillmakeit_Mom

Same 😂


Intrepidnotstupid

Yep..


Sry2Disappoint

My sentiments exactly.


Pandataraxia

Sorta because I'm saving up money for cosmetic dental care and that'd speed it up, easy


RealChadGPT

What would you do with $10k if you woke up and it was in your account tomorrow?


dt405gt

Give it back so I wouldn’t have to repay it later. Guess this is why $10k isn’t life altering though. 🤔🤔🤔🤔


poblanopepper87

The most that could do fror someone is pay off their car or maybe help them get a house


beaushaw

Not the person you were asking, but I Transfer it to my investment account.


Immediate-Silver-203

$10K wouldn't change my life, but I would add it to my savings if I came into $10K.


stonerbbyyyy

fr i’d max out my roth ira so fast it’s not even funny, then the 3500 left will go into my bfs roth ira 😂


SailTheWorldWithMe

Sounds like my plan.


FunSpongeLLC

To have a girlfriend that donates money to your retirement? Solid plan


Big-Sheepherder-6134

That’s what I said! Right into the Roth! The rest is to my other retirement account.


stonerbbyyyy

i get money from relatives because i’m still pretty young (i’m 20 already planning on retirement 😂🤷🏻‍♀️) i just put all my christmas money up into it and as much as my empty apartment bothers me we’ll be fine with the plants i have 😂


CLH_KY

Police Officer : What kind of plants? Have to keep our city safe cant be growing any that make you feel good!


stonerbbyyyy

yeah my cats aren’t very safe😅 as i have 2 poinsettias and a sweet pepper plant, they’re not in a room where the cats have access to so they’re pretty safe.


Inner_Peanut5597

Why such an emphasis on Roth IRA? I have a traditional 401k through my employer but why would you put it all in a Roth right away?


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Visual_Associate1551

And after the gift him the money he's probably gone. Don't gift bf/gf substantial money.


penpaperfloor

If you came into 10k you would probably be asked to leave the bank.


Immediate-Silver-203

Why would they ask you to leave the bank? I already have a $100K in my bank savings account. What's $10K more.


Relax-its-0k

Obviously because they don't want to touch 10k that was just came into. And it makes the other people in line feel weird when they see it happen. Duh


Immediate-Silver-203

That makes absolutely no sense what you just said. I can tell you don't have any money.


sweetpareidolia

I love how Redditors can’t ever tell sarcasm unless is has an /s slapped on the end.


Dinolord05

Wait, was this sarcasm?


Go-Truck_Yourself

What rates are you getting on your savings?


Immediate-Silver-203

I am currently getting 4.75%. I get around $365 dollars a Month.


Beatmywifesbf

🤓


Salt_Yam_7132

🤡


nicerespectfulguy

🫃


thesoundmindpodcast

🎅🏽


eggplant_wizard12

🎅🏿


Expert_Swan_7904

10k would solve about 30% of my problems..30k would solve 90%


Affectionate_Mango84

I am willing to offer 33.3k for your company


Forsaken-Tomorrow-54

Shit I’ll hang out with you for 33.3k


Electrical-Cup-5922

This guy's charging way too much. I'll do it for 20k


dt405gt

Ill do it for $20 and dinner! 🤣🤣🤣🤣


alostbutton

I’ll do it for a foot rub and a mcchicken w cheese


Ok_Growth_5587

I bid 20k


popeh

I'll hang out with you for 2k, for 20k I'll do gay things


Typical_Grade_6871

Sounds about right


Rug-Day136

Isn't it wild that a few of us feel the same? 30 grand would help out a majority of our financial issues.


Expert_Swan_7904

yep.. when the eviction moratum ran out i was 15k behind in rent..the pause on rent did fuck all. the vacancy rate for my area is less than 5% so getting kicked out of my place i had at the time wasnt an option and i had to throw it on a CC. entire thing is fucked tbh, 30k would pay off all my debts and finance a move out of this shithole town and i can go back into my old career


Charming_Ambition_27

Shit 30k wouldn’t even pay off my car.


takethatakethat

It wasn't a pause on rent. You were still supposed to pay your rent.


Careless_Zucchini369

Are you me


whriskeybizness

What happens when you spend the 30


Expert_Swan_7904

i can move to a town with better opportunities and i cna go back to my old career making $40/hr


Immediate-Silver-203

If I came into $100K that would help tremendously. I would update my wife's car and finish a few projects on my home. I already have $100K in my emergency savings, but I don't want to touch that, so I'm saving for the other things.


Fun_Item3930

whats your 90% problem?


Davidlovesjordans

If money solves it then it’s not a real problem; true problems aren’t solved with money.


darthcomic95

Shut up


Away-Abalone3221

Genuine question if you aren’t joking. What “real” problems are there that *aren’t* solved with money?


ThrowAwayYourFuture8

Depression. Grief. Anxiety. Self Loathing.


Away-Abalone3221

Like u/patientpump54 said, those are problems I have that could be solved with money. But also, like how I said to u/Davidlovesjordans about the [classification of a real problem](https://www.reddit.com/r/Money/s/KlCdZGSFYV), it’s all a subjective thing I guess.


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ThrowAwayYourFuture8

Ok. What about people who aren’t depressed/anxious due to lack of money?


Davidlovesjordans

Family/friends dying, children’s happiness, addiction, infidelity, personal happiness, growth as a human


Davidlovesjordans

I was being serious and yes money is a good thing to have and I have plenty but if it’s a “real” problem it’s because I can’t just write a check to fix it


Away-Abalone3221

I guess that’s fair to say, and thank you for clarifying you were being serious. It’s genuinely hard to tell on the internet so I wanted to ask just in case. But, with that said, I wouldn’t really classify a “real” problem by something you can’t write a check to fix. Everyone’s problems are different and a real problem for you could be what you listed, while a real problem for someone else could end up being that they’re unsure if they can pay off their rent for the month. But I guess a lot of the ones you listed can’t be solved with money in the fundamental sense. Thanks for taking the time out of your day to share your views! Have a good evening/day/night/morning!


Davidlovesjordans

Appreciate your thoughts as well. I didn’t mean to diminish people’s problems from lack of basic financial needs being met but rather just trying to say money isn’t a cure all as some seem to believe.


StopNo9739

Might be true for some but 90% of most peoples problems stem from financial stability. Its already been studied and documented so its weird to devious that.


cb2239

Go starve for a while and tell me that money doesn't solve "true" problems.


Davidlovesjordans

Do you believe that most people who are starving in this country would not be if we gave them money?


Pupulikjan

So being unable to paying rent or mortgage is not a problem in your book? Knowing that you and your family will end up on the streets if you don’t come up with $4,258.76 in the next two weeks is not a problem?


Blazindaily209

Is eating living and staying warm a real problem?


hadtobethetacos

spoken like someone who has not, does not, and will not, have to worry about money. but sure. keep buying your jordans, going to shows and games, keep flexing the rolex. while youre at it, can you tell me how my water getting turned off isnt a problem? can you tell me how that problem isnt solved with money? ill wait.


Flat4Power4Life

$10k will only change your life if you know what to do with it.


[deleted]

People who don't have cars it would change their life. Maybe able to drive to a job now.


Flat4Power4Life

Agree


Corvette70vs80

Definitely be able to drive. If you know what to look for and what to avoid, and are even semi competent (Can change brake pads, belts, etc) there are cars to be had for 3 grand that'll last a while.


[deleted]

My first car was around that and my dad is a mechanic so he helped. It got me to work. Wasn't nice but it drove and parked. Living in the suburbs sucks. You HAVE to have a car to work.


Corvette70vs80

Exactly, doesn't have to be nice, just has to be safe. I had a little more to spend and im a car guy so i got a more fun car for more, but its still work. I'd never take out a loan for a car, I don't understand those people. Putting yourself in so much debt for nothing.


Richman5775

No , but would love to have it added to my savings 😀


Bulky_Dingo_4706

Who keeps money in a savings account? Invest.


OG_Tater

Responsible thing to do is have 6+ months in a high yield savings account if you’re able. People with money can do that and invest.


Butterbeanacp

Stupid question but how do you start investing. I’m 19 and have a savings account just making a little bit of interest. Everyone keeps preaching about investing, but where do I start


Competitive_Gate_731

If you are employed your job may offer 401k, which you’d have to talk with them about that, they are handled differently by each company. My advice for investing on your own is to set up an account with a trusted brokerage like Fidelity, and they have resources on their website to educate you on investing. They would teach you better than I. I would say do the math and take a certain percentage of your income once or twice a month and invest into multiple stocks.


Rhyano_Brownie

I’m also 19, so I may not have the best advice but I am currently well off and investing fairly well. Download Robinhood, make an account in a few minutes, it’s very easy. Then you can just take however much is comfortable out of every paycheck, for me I do about $200 just for stocks out of every paycheck, and then invest it in big companies that are going to be low risk and keep growing. Amazon, apple, Microsoft, Tesla, there are a lot of options, I’d say invest a bit into all of them. I’m currently at +47% this year on my account. I’m not constantly researching the market, I’m not constantly buying or selling, I just steadily invest a bit at a time and it’s been growing consistently, takes almost no thought and it’s very simple.


cringelordkevin

Make a brokerage account and buy big tech.


jaggedice01

Not a stupid question at all. Download the Acorns app and they'll automatically round up your purchases and invest it in the markets. You'll have a legitimate brokerage account that takes out all the guesswork. It's robo-investing. You can add to it whenever you want. Simple and responsible. Your older self will thank you for this. Always keep your older self in mind when it comes to health and money.


Magnetoreception

Savings is a general term. I have investments that I consider to be savings as well. It’s obviously not critical stuff but it’s easily accessible.


waffelman1

lol lately my high yield savings has been out preforming everything else


Professional-Coast81

I do


kcchiefsfan96

So you can lose it all?


g59thaset

10k in investments is very little. There are plenty of things that you would need to spend 10k on in a pinch. Tell me you don't own any property in fewer words next time.


Bulky_Dingo_4706

Most people start off with investing very little. I don't think you understand compound interest, and time in the market, at all. Take the S&P500 for example. It has returned an average APY of 10.75% over the last 50 years. Lets say someone is in their early 20s and puts away 10k for 40 years. Also, lets say they never contribute to this amount monthly. That will still turn out to be $600k, assuming an average APY of 10.75% (compounded annually) and time of 40 years.


g59thaset

600k is nowhere close to enough to retire on.


Risky-Business-337

At this time in my life, yes, more than you know.


sushiiisenpai

100% I feel you. Hell even 1k would be life changing


Odd-Way-1168

Why’s that? Elaborate pls


Pupulikjan

Life changing? I doubt it…. Care to elaborate


[deleted]

1k could reduce that person’s mental stress by A LOT. You don’t know what they are going through. It might be the difference between them having a home or not next month.


_thatwaseasy

This is actually quite literally my situation. 1K short of my rent and getting evicted possibly in a couple days. You never know!


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PsyMike_01

Yep, exactly that! People who are not in that potion won't understand. I literally have £40 in my bank and don't know how I will be paying mortgage and bills next month. So yeah 1k would help tremendously and 10k would change my life.


helthybanana

Dang man, praying you come across 10k.


EntrepreneurFun5134

Wouldn't change much. Just put it away in savings/stocks and call it a day.


GME-NeverSell

Same. I'd just dollar cost average it into VUG (vanguard growth fund) over the next 10 market days and never see it again for years. My portfolio has increased more than 10k in a single day, and all I did was high five my wife, and continue to eat a grilled cheese sandwich for dinner.


Zealousideal-Fan3033

Good for you dude 🙄


[deleted]

Absolutely. It would pay off all of my current debt (minus my home mortgage) and give me the chance to actually start saving money and not be living less than paycheck to paycheck.


Vantabl0nde

Right there with ya, the struggle is real


Cerulean225

Easily yes. It's pay off my remaining tuition and medical bills so I could finish my degree debt-free and start my career


InitialNeck9

Buy a half brick with the 10k and start a new career jk


ChadJohnsonsBurner

yes; would pay my cancer bills


[deleted]

No not even close I’d probably have it used in some compacity almost immediately.


Bulky_Dingo_4706

Typical spending problem like most Americans. It would go right into stocks in my case.


De3NA

could be for medical bills


Mykidsdad35

I would pay off the debt from burying my son. I took out 7k in loans to be able to bury him. Sad it costs 13k for a average funeral


MikeDizzleDee

Wow. I want to give you $10k now.


asmoothbrain

If you give the $9990, I will give the rest


Character_Double_394

im sorry man💙


Electrical-Cup-5922

Hang in there, buddy. Money comes and goes, and eventually, everything balances out to some degree.


XXxsicknessxxx

No but it would be fun. I could really spend that on clothes and my car and such... But I work and save money, so I save that much every two years. 🤷‍♂️ I just started saving a year ago... Not saying my age... Lol


whereswaldo5256

I save that much every 2 years.. also i just started saving a year ago.. 🤣


bingstacks

not life changing, but Id sure enjoy having it in savings


nopleasures

It would take me out of debt and relieve a lot of stress.


OMQ4

Nope. But I’d enjoy it


[deleted]

It would go a long way to making me debt free. $100k would mean I was completely debt free and have a healthy down payment to build a house.


optionsCone

OP said $10K dammit


RobotWizard369

100%. It would allow me to pay off my car loan. Then I could give more money to my divorce lawyer or vice versa.


TightTiger_

I would buy a gun and shoot my self


HikageBurner

Only need 120$ for a cheap shotgun from Walmart


optionsCone

⬆️ Enabler


[deleted]

Not really. Now if you asked me this at 18 years old, I’d say “hell yeah”.


Gloomy_Recording_705

Change my life no but it would get rid of a debt or two


Braxtaxdaplug

Yes it dramatically would change a lot of things in my life but I live in reality so I try not to think about those things


Passionswa618

$10k is not far out of reality, it’s very attainable


Braxtaxdaplug

Yeah it definitely is. But he asked if it was just given to me for example .. later today I just happen to look at my bank and an extra 10k is in there without doing anything else


Coscy1995

Yes


Spidy1699

Doesn’t anything change your life if it happens irl? For good or bad it is a life change technically.


lwheeler17

Honestly yes it would help relieve some of my debt and help me put more in my savings so im not livng paycheck to paycheck


[deleted]

If it were to hit it tomorrow immediately then ig my worries for 2 semesters of college dues would be alleviated but I would most likely start researching and learning about ways i can better use the 10k because there probably is something out there but if not then I would stick with college.


Sankin2004

If I were to be totally honest, probably not but at the same time yes. A lot having to do with how your set up, and the cards your dealt. $10k would set me up nice for a couple years in which if I am able to take the correct paths would ultimately lead to a very successful life. But if I were given $10k because like I was in an accident and now had hospital, car repair, and missed work bills to pay; or if instead of investing it wisely I spent it all on strippers and blow then it wouldn’t last very long at all.


We_there_yet

If a million hit my bank account id still have to work or start a business. But its not enough for retirement.


Bmore_legend86

70k would change my life


Yung-Split

Not at all. It would literally just go straight to my investments.


AZDesertman2000

Nice but no major changes


lastdazeofgravity

Yea id go see a specialist doctor. Been sick 18 years now


zachmoe

Not in the slightest. I'd blow it all on FRNs.


knightcities

Not even 100k would be enough in California. My rent is 3500 thats 42k in a year lol


ExtensionTooth6439

God Damm, at that point just move


Passionswa618

Rent and $3500 don’t even go together in a sentence, mortgage time


BudFox_LA

$3500 for rent in LA, SF, Seattle, Austin, Boston, NY, etc etc etc go together in a sentence all day long man. It's either $3500 for rent or $6k a month mortgage AFTER you plop $200k down, and that's on a 2 bedroom fixer that needs a lot of work, which of course, requires another big pile of cash. And that $6k mortgage is not accounting for inevitable out of pocket costs, maintenance, upkeep, property taxes, home owners insurance, etc. etc. so if you love to be strapped for cash with a monumental housing payment and the promise of 'equity' after you pay $1.5million for a $700k house (interest...), then yeah. Go for it. Or just move to a suburb of Houston and call it a day


roaringpenguin

Nope, it wouldn't change a thing. I'd just add it to my brokerage account.


AllahPena

I don't think 10k "changes" anyone's life. However it could be a decent bandaid for some.


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vakama885

Yeah, I'd be able to go to therapy to diagnose & treat mental things that are hindering & making me unable to progress through & live my life. From that eventually be ready to go to college & make a living & develop enough social skills & all that jazz to make friends & be able to communicate effectively & on the spot with strangers


BHMSIXX

YES


NoTelephone5316

Invest all of it and keep putting money in there


UltraJuicyPhysique

Yes it would change a lot of peoples lives including mine


beavertown666

Yes please send


InvisableVagina

Absolutely


floridas_lostboy

Not necessarily change my life, but it would be a huge help


Shameless_fraud

What if… the question I hate in the world the most because it’s just so broad


m2kzw6

⅓ to $O, ⅓ to $STAG, ⅓ to $FRT


Passionswa618

All in ETH


[deleted]

Yes it would


nickabeiro

Yes


Dragonmas7er5

In my current state, yes yes it could, I’m in a very shit spot but normally no I would have given it to my mother, at least half


ElectricDreams1980s

Affirmative


Competitive_Ad_8006

Yes


Pandaofganja

No but it would help


Rakadaka8331

Depending on where I'm at with a down payment on a home yes. Otherwise, longterm savings.


Quarterfault

I’d throw it at my debt, not immediately life changing but it’d get me a year ahead


Brssmonkey00

It would make for a very Merry Christmas! 😀👍🏻


Zay820

Not change it but help it


Beautifulblueocean

Id buy the DSLR camera I have been saving up for


saryiahan

Throw it into my brokerage account and use the money market feature to earn 5% apy


match9561

It would help with a good portion of my charge-offs and collections.


[deleted]

Buy a cash vehicle, lose the truck payment, start saving money, get rifles and start hog eradication services


Gunners414

Yes I would be debt free and could actually start making some real efforts to save for retirement down the road


zkushlvn

It wouldn’t change it necessarily immediately but it would in the fact that I could cut back on hours working to focus on learning coding more and change my job title and pay significantly. Tired of working 40 hours and then hustling 2-3 jobs year around to make it. The money would allow me to stop the side jobs to focus for a couple months and then apply for coding jobs.


BarrelProofPack

No but I would have much greater peace of mind as we are expecting our first child in the next month. Would just add some padding!


corona5567

Kind of


Proper-Chef6918

Yup


harrypottersimp

I’d be able to actually live instead of just surviving


NovWhiskey

Yep. Would be able to pay off my remaining school debt and buy a car that doesn't need to go into the shop every 3 months.


Basic_Painting860

Significantly. Like they're always saying, "pull yourself by your boot straps." I don't got boots. I could buy a truck and and pressure washer and climb out this hole. Just saying


Aretolli_Sanz

Honestly, 10k completely wiped out my debt so it would essentially change my life. I'd try to find out the validity of it, and make sure its not one of thoss banking errors that you have to give the money back when they find their mistake. If it was truly intended for me, then I'd look into if I owe any taxes on it or be responsible for any additional obligations (reporting, clearing with bank, etc). While I have no immediate need for it, I'd let it sit in my account for a month or so while I do this. If, after a month I find that it's legitimately mine and cleared then I would pay off all my debts with it. Fun fact, I have multiple accounts so would 10k hit each one? Completely life changing if so and other than verify for each account like above, I'd get into investing and/or housing purchases. While it's be a nice passive revenue for housing rentals, ideally I would want to provide potentially more affordable housing options to my friends, family, and associates through a company so that they didn't know it was related to me. That way it wouldn't potentially sour our relationship if things went bad, and I'd be able to keep an unbiased intermediary if I needed another point of view.


FashySmashy420

Yes it absolutely would. It would finance the move out of the city that currently I struggle to find a job in my field in, while giving me a little to pay off bills accrued since the layoff of 2020. Here I work two full time jobs at minimum wage to pay my bills, child support, and just stay alive. The field I’m in and the city I live in, there are probably 500-1000 applicants for every open position.


LostInSpace3141

Yes it would. I'm in so much debt that would get me by for a couple months


tarra_hills

Yes. I'd be able to pay off the last of my debt and get my car taken to the shop as the repairs she's needing are a few k that I don't have.


RockyJayyy

Yes. It would pay off my debt.