Financially speaking, most of us could benefit greatly from having extra money each month.
But where someone might assume that the extra money would just be wasted, most people would apply these funds to very practical purposes and expenditures.
Redditor dothepingu asked:
"What would you do if you had an extra $1,000 every month?"
Dental Care
"A couple of weeks ago, I went to the dentist and overheard a heartbreaking situation."
"The office had a very open floor plan with privacy screens rather than individual rooms. But you could still hear every single conversation."
"This teenage kid comes in and says that he has a broken crown that needs to be fixed."
"The dentist says that it will cost $700. Kid says he has to call his mom first."
"So the kid calls the mom, and the mom says, 'No way in h**l can we afford that. Just tell the dentist to stick the old one back on.'"
"The dentist is like, 'Are you sure? That's not really a thing. It's just gonna break off again.'"
"The mom says too bad, he has to live with it."
"If I had an extra $1000, I would have picked up that tab for that kid."
- taleofbenji
Practical Choices
"Pay off debts and save."
- luciliddream
"Exactly my thoughts, start actually being able to plan things and save money rather than being on the back foot all the time."
- thebeardeddrongo
Financial Pressure
"Worry less."
- Cool_Ranch_Dodrio
"Absolutely. Money just helps so much for lowering stress!"
- appleparkfive
Quality Time
"I'd ask my husband to take more time off work. We don't need the extra money, I'd rather have his company."
- Eve-3
Health Care
"Save more money and continue with my current lifestyle, except maybe also be able to get eye surgery for my worsening vision."
- Morbidhanson
A Little Self-Care
"I'd start actually getting my hair cut and colored by someone that's not me at 3:00 AM feeling brave."
- digitalisdaydream
"I feel attacked by this comment, it feels personally directed at me."
- friendlyghost_casper
Mental Healthcare
"Be able to take care of my and my wife's mental health a h**l of a lot better."
"Her therapy is important but expensive. I would love to make sure she had more appointments and the best care."
- onionleekdude
Time to Retire
"Retire. 1000 USD per month is LIFE CHANGING in the Philippines."
- Eleazarosaurus
Home Upgrade
"Probably move out of my uncle's shed."
- chunky_chumpkin
Mortgage Payment
"Make an extra mortgage payment; pay off this house twice as fast."
- HawaiianShirtsOR
Regular Meals
"I'd try out that three meals per day trend that people talk about."
- BeginningCap2333
"I'd settle for one meal a day and not living in my car."
- Desalvo23
"Dude. Been there for six months. One day we'll make it big. We'll sleep on a mattress and eat TWO meals a day."
"Like kings."
- CaptainFunktastic
Break Time
"I'd work fewer hours. I've been here for 32 years and haven't been able to take a vacation in over four years."
- The_Safe_For_Work
Providing for Family
"My mom recently became single, with three kids and a grandkid at home. She and two of the kids who live with her are unable to work because of severe health problems."
"I know she is constantly terrified about how she's going to pay the bills. I'd give her the $1,000 each month in a heartbeat."
- GiskardRayke
Man's Best Friend
"I'd finally be able to afford a dog."
- stoleyourspoon
...Ouch.
"Live instead of survive."
- Keanu_Christ
While there are millionaires in the world, or even just people who live very comfortably, most people are currently living paycheck-to-paycheck, give or take a few hundred dollars. And that $1,000 extra each month would make all the difference.
Friends Of People Who Won The Lottery Describe What Happened After They Got The Money
Most of us have had one of those fantasies about all the magical things we would do if we won the lottery, like starting an antique car collection, buying a mansion, or even more humbly paying off their or their family's debt.
But most of us have limited knowledge about what it's actually like to win the lottery or what their lives look like after winning.
Redditor RivalxGames asked:
"Have you ever actually met or known someone who has won the lottery? What happened to them?"
Cottage Core
"Friends of ours won 30 million dollars. They took a group of us on vacation. Then they bought a cottage and built a house."
"Not much really changed. They are doing great."
- Blondefarmgirl
Responsible Purchases
"My MIL (Mother-in-Law) won $33k on a scratch-off. She paid off some debt and got new windows installed on her house. The new windows in an 1890s farmhouse are amazing, don't think I've seen a happier woman!"
- CaseyBoogies
Spending Where It Matters
"I knew a welder who won a 30 million jackpot."
"He retired, bought two Ford GTs, and spends his time doing yard work, playing low-stakes poker tournaments, and raising his two young kids."
"His wife bought a crib from me used for their second child."
- PigStickerOnStone
Two Kinds of People
"I've known two people who won, actually."
"One was a friend of mine in high school who won $15k on a scratch-and-win. She rented a house downtown and threw a party."
"Somebody said I should stop by and check in on her, because they'd been down to the party and hardly recognized anybody."
"Sure enough, I got there, my friend met me at the door, put waaay too much money in my hands, and told me to go get a bottle of wine. She just partied with whoever was around until it was gone, which took about three weeks."
"Next was a friend of mine from Toronto who is mostly known for doing zombie walks. She won a 'cash for life' dealio and I think it's around ten thousand a month. She bought a theremin and started making 50s-style monster movies and is generally living a high-rolling rockabilly lifestyle."
- greihund
It's All About the Goats
"My neighbor won the lottery in his sixties, it was something like 1.2 million in the late '90s. We lived in a trailer park in a rural part of the US, a pretty low-cost-of-living area so the money stretched pretty far."
"He bought his trailer and land outright with the money and pretty much just spent every day drinking on his porch and yelling at his goats."
"If I remember correctly, he used a good chunk of what he won to put his son and grandkids through college. Died of liver failure at 85 or something. Not a terrible way to do it, all said and done."
- Kahazzarran
Oh, the Irony
"A neighbor won a few million, built an old folks home, named it after his mother, and she refused to live there."
- pascontent
People Letting Their True Colors Show
"Someone got 30k or something. Not too much, not too less. She got a lot of hate for not 'sharing her riches' whatever the f**k that means."
- Eveleyn
Family Matters
"I did see news footage before of someone in the US, I believe, who won a huge amount but somehow they worked it out that they could wear a 'Scream' mask or some sort of Halloween mask to the check pick up and photo session. And I can't blame that person at all."
"My favorite was I saw a legit story about an older woman who lived in a trailer park who won several million at least in the lottery."
"Her kids quietly moved her out of the trailer once they saw the ticket at her place and knew she won, they found her a new home in some retirement condo community that was nice with extra amenities and they packed all her stuff up for her. Whatever they didn't take from her trailer they just donated out and sold for her and sold the trailer off."
"Because they did not want her going back there after everybody found out she won all that money, especially when she was older and more likely to be manipulated with sob stories or demands."
"Some of the neighbors went on about how sad they were they never got to say goodbye and fair game, I can believe the odd one was sad. But I suspect most were sad they didn't get to see her to ask for a cut of that money or ask her if she could just help them all out."
- Dancingskeletonman86
Bragging Rights
"Technically, a kid from school's parents won a few hundred thousand. His parents were chill, and acted like they had the same money as before, but the kid was acting like a baller."
BaldEaglz1776
Romanticizing Life
"My aunt's husband won $36 million. They bought property and traveled. He liked to fish and drink and build stuff. He passed away three years ago, but he was an awesome dude."
Unable-Astronaut-677
Keeping It Simple
"I know two people who have won significant sums (well, significant for me)."
"The first guy won $100k back in the early 2000s. He and his wife agreed to split it between them. She bought a car. He slowly lost most of his half over the course of a couple of years playing in poker tournaments."
"The other people aren't friends, but I see them a few times a year. They won $61 million in 2013. They bought a home i my mom's neighborhood (lakeside property, but priced in the $200k - $500k range back in 2013, depending on which lot)."
"I'd met them several times before finding out that they were 'screw you' rich. You'd never know they were more than a regular retired couple who had enough money in the bank to take cruises and such. They are some of the most down-to-earth people I know; nice cars, but nothing fancy, etc."
- Nythoren
Blasts from the Past
"I had a patient, a hairdresser who owned her own shop, who won about 6 million. Her winnings were announced in the local newspaper."
"She consulted the right professionals, worked a plan to sell her salon, and mapped a way to retire on her winnings without a change in her lifestyle."
"But she told me that she had old boyfriends, and even guys that barely knew her in high school, who called her with some variation of, 'You know, I always loved you...'"
"She just laughed and blew them off."
- Earguy
An Epic Pizzy Party
"I worked with a guy who won like $3k/week for life on a scratch-off. He continued working for like six months before he bought a truck and went and lived the O/O life in the oil fields of North Dakota. He bought everyone pizza on his last day."
- 0100100012635
Keeping It Humble
"A friend won 1 million. They paid off their house. Saved for their kids' education and basically don’t live paycheque to paycheque anymore. Both of them still work full-time."
- hornblower_83
That Darn Pandemic
"I met a girl at a party shortly after the pandemic who won 1 million pounds. She won it about six months before the pandemic hit. Her parents are already millionaires and her dad convinced her to put more than half of it into reliable stocks."
"She also planned a huge family holiday all around Asia... Well, the pandemic hit, canceled the holiday and disintegrated all her shares."
"She said she bought a house for 200k, a new car for 20k and she has about 100k left, and still has her same job."
- TheBrazenBeast
While some of these were extravagant by everyday standards, most of them were heartwarming in how the person continued to lead a simple, if not also humble, life after winning a large cash prize.
It's a great reminder that while money can afford someone stability, that money doesn't necessarily equate with happiness.
People Explain What They Would Do If They Instantly Got $30,000
Many of us have come into financially hard times, especially since the pandemic hit and the economy took a turn.
"Depression food" and "suffer food" have become popular topics on social media as people attempt to do more with fewer ingredients, and that's for good reason.
It makes perfect sense that people would want to daydream about what they would buy or invest in if they suddenly came into some money.
Pondering, Redditor positive-oceans asked:
"What would you do with $30,000 cash right now?"
Feel the Relief
"Get eight full hours of sleep."
- iDrGonzo
Looking Forward to That Taco Bell Order
"Pay off my credit card loans and maybe go get fast food for the first time in five years."
- Cautious-Marker-3131
Care for a Mother
"I'd help my mom out so she wouldn't be losing her home."
- Randyh524
A Slight Indulgence
"Buy 30,000 worth of bean burritos."
- Disastrous-Purpose-8
Back in Order
"Sadly, erase all my debt and move to a cheaper rental house. Yeah, that's pretty much all it would take to set everything back in order."
- SuperJohnBravo
Finally Debt-Free
"I have roughly 30k in debt between my car and student loans so that amount would be pretty awesome for me. I’d be debt free for the first time in my adult life."
- silverr90
Beat Cancer
"Get a reliable vehicle, stock up on stuff for the house, and not worry for a bit while I beat cancer."
- sugarandspice27
A Perfect Balance
"$15,000 on my mortgage, $10,000 into my savings, $5,000 on petty indulgences."
"Invest, save, treat yourself. A perfect balance."
- TheMightyGoatMan
Private Home Care
"Pay off my house and pay for a nurse for my dad who is dying on a ventilator so he can come home."
- DickeTittenn
Keep It Simple
"Save it."
- ZiggyStardustEP
Time to Downsize
"I'd put new windows and siding on my very large, 100-year-old house, sell it and buy a much smaller house. I live alone in this place and I never even go in half the rooms."
- OrwellWasRight101
Financial Security
"Pay off my debt and put 5K in savings so that I can finally be financially comfortable and never make the same financial mistakes (that I made in my twenties) ever again."
- DrewDiggles
Providing for Children
"Give it to my son so he can pay off his debts. The kid never had a break and he deserves it."
- Jealous_Resort_8190
Dental Makeover
"Get a dental makeover, had an accident as a kid and broke several grown teeth and while I don’t look too bad I still feel self-conscious about smiling."
"The current crowns that I have were put on in Guatemala, I know that traveling to Latinoamérica is cheaper but it’s hard especially when you have two little ones and a full-time job. Maybe when the little ones are older and more independent, I will give it another go in Guatemala, funny enough the dentist I saw there was a USC graduate."
- PauPauMoe
While it's fun to talking about winning the lottery and buying a million-dollar mansion, most of our needs and wants are far simpler.
Based on this thread, people just desperately want some financial security, less debt, a little more sleep at night, and maybe some occasional tacos or burgers.
Money is one of those things that many people find themselves wanting more of, simply for the sake of security and safety.
But for those who have money in multitudes, it's almost baffling how willingly they will throw large quantities of it away.
Already cringing, Redditor DefinitelyNot203Eels asked:
"What is the most egregious display of wealth you've ever personally seen?"
Unique Employment Opportunity
"I have a friend who was employed by a very famous old pop star. She lived on-site in his mansion (which itself was a very cute cottage) and was paid more than I am with no rent or bills for said cottage."
"Her job? To open the curtains of his bedroom in the mornings, put on classical music, and gently wake him up for the day."
"That sounds sexual, but it wasn't sexual; it was more like, 'Hey, hey big star, I know you're still sleepy but it's time to get up,' etc."
- princessflubcorn
Flaunting Cars
"My boss who owns his own plane likes to do s**t like flaunt the keys to his cars... Like, flick them round up close to the camera on a call to show off the logo."
"I think it really bugs him that I don't 'ooh' and 'aah' because I don't give a f**k about fancy cars."
"What does p**s me off is that there's an item I brought after much saving, and it means a lot to me. He heard about it and just went and brought two so he could comment about it."
- 10191AG
Her Annual Salary
"The company owner got a divorce, went on a shopping spree, and showed a receipt for tens of thousands of dollars to our receptionist as a way of showing off."
"What he spent was 80% of what she makes in a year. She was really uncomfortable and brought it to me as the HR (Human Resources) person."
- b***himgandalf
A Yacht for Your Yacht
"The first time I saw a support vessel, I was blown away."
"It's a yacht that accompanies your main yacht, and it stores your toys in its garage, it houses some of your staff, stores your supplies, etc."
- Eafeaturerequest
The "Just in Case" Staff
"I once met a woman while I was living in Singapore who was a full-time live-aboard chef for a super rich European who had several vessels, but only took a holiday on the one she worked on maybe once a year, but sometimes even more seldom."
"A full staff lived aboard full time, year-round, just in case this guy wanted to board, in which case they would sail to the port where he wanted them to pick him up."
- kiki_deli
The Biggest Cabin of Them All
"I worked in construction project management. We were building a log cabin for a very wealthy individual using western redwood. We had the piles, and foundation in place, the first floor completed, and about 25% done building the second floor."
"The largest base width of the redwood logs we were using was 44 feet, and the two-story fireplace that included 12 hearths was clad in architectural stone."
"The owner found out that the owner of a car dealership on the other side of the lake had just completed his log cabin with the largest logs being 46 feet in width. The owner got one of his employees to sneak onto the property at night and take measurements of the logs to confirm they were in fact bigger than the logs on his cabin."
"Once it was confirmed that the logs across the lake were bigger, he instructed us to take apart what has already been built, and source new, bigger logs with the smallest log being no less than 48 feet in width."
"He also instructed us to remove the architectural stone from the fireplace and replace them with actual stones. This required us to modify the foundation, as the weight of the fireplace increased by 1500%."
"After about 1.5 years, with no limit on overtime spending, the cabin was completed, with the largest log being 68 feet in width, and smallest being 48 feet."
"I ran into the car dealership owner at the lake town market one day and told him about the cabin we were building and how we had to pretty much start from scratch due to the size of his logs (and my boss's ego)."
"He simply replied, 'I had no idea your boss even owned a cabin here.'"
- ExaminationDouble240
So Humbling
"I had an amazing side gig instructing tech nerds how to drive their fancy cars at the racetrack (it's called an 'HPDE' or a High-Performance Driving Event)."
"A rich tech nerd shows up with a new McLaren 12C, delivered in a McLaren trailer and staffed by an entire crew of McLaren techs and engineers."
"Why?"
"The driver was complaining about how the $12k brakes would burn up after just one day at the track and escalated enough for McLaren to wonder if something was terribly wrong with the car."
"After one session, he huddled around a laptop with the engineers and found what was wrong: he was just that terrible of a driver."
- incomplete_
If You've Got It, Spend It
"A dude just kept grabbing stuff and having me ring it up. At first, I was like, 'You sure?' Then it eventually clicked that this guy was on a shopping spree."
"The shop had no human necessities. I don't remember the total by the end but it was close to 5 figures in USD."
"He pulled out his black AMEX that weighs like a pound and boom, a mile-long receipt."
"That was one of the few days I wished I made commissions."
- blippityblop
Rent Potential
"When I worked at Blue, Justin Beiber spent a stupid amount of money just to ski. He tried to rent the whole resort to make it private, but they wouldn't let him (which I still think is hilarious)."
"This area also has dozens of houses that are all valued well over $10 million, that all sit empty. They're just buildings that billionaires bought on a whim."
- stonedfishing
A Library Belle Would Envy
"I'm a custom metal worker. We did the penthouse at the Plaza Hotel in Manhattan, off of Central Park (the owner lived there). The floors were made of titanium plates."
"The wife had her own massive library and we had to make a rolling staircase that an old woman could move. We did, and it cost $80,000."
"We delivered it and she said, 'It’s too steep, can you make another?'"
"$80,000 later, she’s happy, and my buddy has a rolling staircase at his workshop."
- Denki
Holy Mansions, Batman
"I once toured a mansion under construction in Dallas that was about 45,000 square feet. It was about 80% complete when I visited and the interior finishes were amazing."
"When I was there, the artisans were hand-carving the front door details and the indoor-outdoor pool was being tiled."
"There was a bowling alley, a gift-wrapping room, a two-story master bedroom closet with a spiral staircase, and other over-the-top amenities including a ten-car garage with an oil change bay."
"Shortly after I was there, it burned down under mysterious circumstances, and its demise made the national news and a cover story in the Wall Street Journal."
- centexgoodguy
Wasteful Living
"A kid in my daughter's sorority drives a 2022 Lamborghini Urus. Every time I've visited my daughter, I see this car."
"It's filthy and covered in dings and scratches. My daughter says the owner has had it towed repeatedly by leaving it parked illegally in the street even though she has a space at the sorority."
"She'll just leave it on the street near the bars, Uber home when drunk, abandon the car until it gets impounded, and then pay to get her car back. Basically every weekend."
"In addition, my daughter says this girl's room is full of designer stuff that the girl bought for tens of thousands of dollars, wore once, and then threw on the floor."
"I should note that there are apparently several girls in this sorority with similar lifestyles."
- hiro111
It's Just a Parking Fee
"My boss had to impromptu get a new license to travel. When he was at the DMV, they said he had to pay like $100k in back parking tickets. He just set a card down and paid it."
"Apparently, he couldn't get a parking permit to be able to park in front of his house for some bulls**t reason, so he just parked there anyway, and just accepted that they were ticketing him like $100 per day for years."
- melodyze
Respectful Tipper
"I work at a Zipline in Hawaii. One time we had a couple of people come in, and one of them was a Saudi prince."
"Any time someone helped, or even talked to him, he had his 'assistant' count out hundred-dollar bills and give them to them. He tipped his guides $3000 a piece. It was wild."
- Jorjott
Paying It Forward
"While at a breakfast place I went to a lot in my hometown, I went to pay for my meal, and the waitress was like, 'Don't worry, it is covered.'"
"The next day, I went back. Once again, my meal was covered."
"Repeat for the rest of a week, and I was baffled."
"Apparently, some rich dude liked his breakfast a week ago and bought all orders for the following week and tipped all the staff $10k to keep it a secret and to cover the loss of tips for the week."
"It was a small mom-and-pop shop, but that still has to have cost him 100k or something. For a meal."
"There was intentionally no hype, and the other regulars and I were never told who it was."
- GoodRighter
While there were a few kind and generous people among the fold, the Reddit community could not believe the amount of money many people would spend simply because they could, even in support of bad habits, like terribly wasteful spending.
Having money certainly doesn't buy you manners or values.
Toward the end of 2022, many people are seeking more financial freedom and ways to get out of debt.
While these may not change a person's financial problems over night, the following tips could set someone on the right path to financial freedom.
To share the wealth, Redditor uncompromisedginger asked:
"What's your #1 money-saving tip?"
Living Minimally Is the Best
"When you realize that everything around you is an attempt to take as much money as possible from you, you realize that you don't actually need any of those things."
- AFrickinName
Money in Exchange for Time
"Count how many hours you would have to work for the item. It helps a lot."
- brensueship1961
Avoid Impulsivity
"When you want to buy something, wait 24 hours before doing so. Prevents impulse buying."
- Koltontheman777
Cook at Home
"Cook your own food. Frequently eating out will crush your wallet."
- dd027503
Meal Plan, Too
"The part many novice cooks don't realize is home cooking includes higher-level skills such as menu planning and bulk storage, and knowing what the peak seasons are for various types of produce."
"Some of the people in this thread swear they spend less by eating in restaurants, but then they were buying more than $100/week in groceries when they cooked at home."
- doublestitch
Bulk is Generally Cheaper
"Buy meat in bulk when on sale and freeze it. Frozen veggies are also cheap. Potatoes and beans are cheap carbs, as well as rice."
"Cut back on expensive meats like beef, steaks, etc. Learn to make soups, and don’t buy spices and sauces that you will only use for one recipe unless it’s something you eat very very often. Otherwise, you will end up spending so much money on a stocked pantry that hardly gets used."
- Send_Me_Your_Nukes
Secondhand Saves
"Shop secondhand."
"It doesn't have to be fancy vintage. You can easily get a $40 shirt for $8 at most thrift stores."
"And when you don't buy new, you know it'll last. I got a $10 wool jacket 15 years ago at a charity shop. I have worn it every spring and fall since. Still looks great."
- ipakookapi
Measure with Joy
"I compare whatever non-essential thing I’m buying to the cost of a movie ticket and ask myself if it will make me happier than the number of movies the money could afford."
"It’s a really easy thing to remember. Helps a lot when deciding to make a frivolous purchase or not."
- A-rat-on-a-keyboard
Healthy Habits
"Don't smoke. Cigarettes can cost upwards of $7.00 per day, over $2,555 per year. That doesn't include the health cost or the stink nicotine leaves everywhere."
- Formal_Leopard_462
Decision-to-Price Ratio
"The bigger the expense, the longer you should consider buying it."
"Even if you can afford to buy it, It doesn’t mean you should."
- sp3cu0ut
A Better Discount
"If I don't buy anything, the discount is bigger!"
- Cremonezi
Be Self-Sufficient
"If you own a home, learn to do basic repairs and improvements yourself. It's shocking how much you can learn in just a year or two and you can save thousands of dollars."
- MacroAggressor
Avoid the Urge
"Don’t download shopping apps on your phone at all."
- Thedeadgal
Stay Accountable
"Use an Excel sheet for your bills. Keep track of what you spend and budget in your savings."
"I'm a CPA, and budgeting and tracking definitely help. I personally use Quicken, but have heard good things about Mint."
"The hard part about it is people don't think to really track. I'm always amazed that people don't take their receipts. I enter all of ours every Saturday."
"I probably save a few hundred every year by getting charges reversed on bills by reconciling everything. It looks like I'll pull $800 cash rewards off my credit cards this year."
- diegojones4
A Vital Question
"If you lived without it in your life this long, how badly do you really need it?"
- Pulic-Dig-6690
While each of these tips are simple on their own, they could add up to a massive difference in someone's life.
Given the current economy, every little bit helps.