How would you spend 5000$?
September 24, 2017 1:08pm CST
My father has got a deal recently.He will be given 5000$ if he decides to sell a terrain. If the buyer will be serious,the deal would be successful. But,we dont know exactly what to do with this pot of money. Is there any chance to invest in something profitable? Or just keep it for life expenses. I mention my family is a medium one(not poor and not rich) Thanks-any idea is welcomed.
Real estate could be a thing, but if your father plans to sell a terrain, that's kind the opposite. I don't know if you can start a successful activity with $5000. You could use that money for investing in something that allows you to save in the future. Buying a house would allow you to save on rent. Or you can get solar panels and save on electricity. Saving every year is like earning every year.