I believe that whatever wealth I can attract right now is limited to whatever state I allow myself to be in. The other big asset to invest in would be in people. I would convert it to UK pounds using xe. An overpayment in British terminology is paid against purely the capital of the mortgage, meaning the interest as calculated daily will decrease a little! I will use it to buy the productivity suite you recently had on sale.
If I can get that on the same sale price, then use the remaining money on the preliminary earn1k course. I would pay off the last of my student loan. Honestly, I would spend it to go visit friends across the country.
I would buy a plane ticket or train depending to visit friends in California, North Dakota, Oklahoma and other places depending. If I had any money left I would save it up so after college is done I will have a little money to try and live on my own. Win-win all around. This would take another significant chunk out from them, taking me significantly closer to being debt-free.
Not to sound like a sycophant, but I would put it into the Vanguard Roth Ira I just opened thanks to reading your book.
Spend on paying off bills. Invest in necessary materials for my business. I would use this to pay down debt! I have a plan to be debt-free by Spring of and this would help advance me towards that goal much faster than I can currently manage.
Thanks for the contest opportunity! I would send it right to the credit card I am working on paying off by the end of the year. I hate being in debt, but we had some medical expenses that we are now paying off. I would pay off that student loan and not be broke every month. Thanks to all for the new learning! Guess what I plan to do! It would temporarily join my emergency fund and later this month or next, be used to help pay to have my house painted. Why breakfast at your office? As a year old cleantech entrepreneur, I aim to pick your brain and eat your discarded muffin bottoms.
So, do you take your coffee with cream or sugar? I would use all of it to pay down my credit card debt, which is the highest-interest loan I have. Training can be hit or miss I know but I already have some personal projects that I am working on and a list of questions to ask during the hands-on part of the training so I think with this preparation I will get more out of it than normally. I will talk to you on available courses from you or your friends, on how to start own business with my background.
It would go into my Brazil trip fund. I would pay off my existing student loan, which in already in the process of doing, before going back to school this fall. I would use it to complete market and product testing for my startup, which is already gaining traction. They are always happy to help me out and play for food or much less than what they should but their generosity only makes it more difficult for me to ask for their kindness.
Anything left over would be set aside for the next time a similar project came along in which the budget was not sufficient to pay all those involved what they are worth.
We are both extremely motivated and willing to do what it takes to get this going. Wether we receive this dowery or not it will go and we will work other jobs around this to accomplish our mission. The objective of this project is to provide a way to meet the needs of the community as well as serve one another. Goals Using a web based tool similar to Craigslist or message boards, people in need can post their needs or have needs posted on their behalf by staff in a safe, secure and private way so that others can find ways to meet them.
Our intent is to help others to meet the needs of the body through service, goods, and contribution to specific needs. Solution Working with fellow everyday angels, we build a web tool whereby those in need can post their needs and we help facilitate the meeting of those needs both in body and through the technology of web based tools and e-commerce. A person posts the need to the board. Once accepted, that need is shared with any member of the community board without personal Information attached.
If in the form of tangible goods, they can bring it to an EveryDay Angel Outpost school, home, church, community center. Upon receipt, we will notify the person in need that the need is met and they can come to pick it up. They can then choose to send a message or thank you to the individual who helped meet that need if they wished to do so. For services, a person will choose to meet the need and given contact information so that they can help the person in need. Financial contributions can be given to a general fund to help facilitate large needs and also as micro funds that can build towards needs of specific need requests.
We want it to be as close to a one to one transaction as possible.
We believe that new goods except automobiles instead of used goods will alleviate problems with broken things neither passed on to one another nor having to deal with repairs and delivery of items. I would legally change my name to Ramit Sethi, pat myself on the back and walk around town knowing I am in good company, then suddenly regret the decision, and pay to have it changed back.
Unfortunately, the NCAA does not allow a school to cover any of these expenses for prospective athletes.
Helping to provide the kickstart to an education for one of these young females would not merely change her life, but, more importantly, likely save it. Without an education, the majority of these young ladies will die by the age of 45 or Why females? The answer is due to simple exponential math. I like your style. Great offer! I just need a bit more money first. So this money would be quite welcome! We paid mine off this month, hers will be paid in full in less than 12 months, and we will have our house paid off in about 41 months….
I would take a cabinet making course or two to and learn how to build furniture for fun and profit. Hello Ramit — having paid attention to your wisdom — I am already debt free! I spent it already towards a vacation to glacier national park!
Half of it would pay down our auto loan. The other half would be put into finishing our basement. I would use around for filling out the paperwork to start my own company, another for setting up a web page for that same company and use the rest for testing of business ideas paying for lunch with interesting people and stuff like that.
The purpose of the company would be to enable me to study for an extended period and also take a few weekends abroad with my girlfriend. I will first of all pay the registration fee for this online working from home job. I will invest half of it in business,part of it help the needy. Later the balance will clear my debts. Pay bar dues and buy a new Adobe design suite to help start my advertising mini-agency on the side. I would put it to my schooling.
I would either give it to my dad because of how much he has helped me financially, or I would put it directly to my student loans. Would not you wonder to whom will you gonna give that money? I would come to San Francisco from Turkey to meet with you! So as a new graduate I could take your personal advices and discover San Francisco!
That could possibly be made easier if the have work unions or some kind of organization, so I could hit up the owners directly and convince them to invest in their employees. This could also in the future be videotaped and sold in DVD, once the market starts to get depleted. So visiting the Grand Canyon.. Yeah the Grand Canyon. We just sent the state registration in for the business name and will start contracting with vendors as soon as we receive the registration papers back. Extra capital would be fantastic and really speed up the process. Frankly, I would use it to help pay off my student loans.
I have known quite a few entrepreneurs over the years and the ones who have succeeded are typically the ones who are doing what they love and loving life while they do it. Their debts are manageable and meticulously well planned, with few exceptions.
My belief is that acts of generosity can start a chain of people helping one another out. Ramit, I would out all of it towards my credit card debt. Either that or towards my future engagement ring payment that will be made on a credit card. Either way, its going towards new or old debt! Goal is debt-free!
From what other folks have said about its effectivenes, it would be the best investment I could make with it. And whatever money I had left over from doing that I would use to get any tools I could identify to get more or better use my time. Time is far more valuable than money, so any free money I get will be invested in getting more time!
I am always looking for new ways to diversify my portfolio. The extra money erik help in doing this.