The other day, I was watching a video on CNN Money entitled “How Would You Spend $20,000?” Unfortunately, I can’t figure out how to link to it, but if you go to CNN.com and click on the Money tab, you’ll probably see it in the video section. They asked people on the street what they would do if they had $20,000 to spend. Most of the responses were unremarkable: pay bills, pay off student loans, take a vacation, buy a new car, that sort of thing. One respondent, however, had a tough time with the question. First, he said he’d like to buy a loft, but he’d need $2 million in addition to the original $20,000. Ultimately, he couldn’t really answer because $20,000 is just “not that much.” Really? Someone drops twenty grand in your lap and you can’t figure out how to spend it because it’s not enough?
Personally, I’d probably put $5,000 towards rebuilding the transmission in Steve’s car, put some towards the little yard project we’ve been working on, then put the rest in the bank.
What would you do with $20,000?
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