I inherited $20k and I have no idea what to do with the money. I am disabled/unemployed. I had a few grand in savings to start with, and receive a pension. I live in my own home and can afford to pay the bills.
I need/want a few things like: new phone, PC, PS5, new clothes, laser hair removal, dog door. So maybe... $5k worth of goodies?
But what to do with the rest($15-$20k)? Is there a way I can turn it into more money, with little risk? At the moment I've got it in a high interest savings account of about 6%.
I've never had this much money in my account, and although I've always been sensible with finances, I really don't want to blow it.
What would you do with $20k? Any advice is much appreciated!!
Submitted October 25, 2023 at 09:54PM by Interesting-Ad-426 https://ift.tt/CQD7RNJ