So i went to a focus group purely to provide feedback, now i have a 75 dollar giftcard which i have to select and withdraw but im not sure what to put the money towards? my older brother also got one. Yes i live with parents so most of my living needs are already covered.
What would be the smart thing to do here? what would you suggest and why so?
You must log in or register to comment.
They got 8 inch windows tablets with full sized USB ports. Very VERY light gaming. But definitely new Vegas and original borderlands capable.
Buy a blinding stew
A stew that makes you blind for one day.
I did focus groups and surveys for money. I often would just stock up on toiletries from Amazon when I had gift cards. That shit is expensive so it lets my grocery budget breathe.
If nothing comes to mind right away, then perhaps set the money aside for when you do need it.
It’s entirely dependent on what you want or need. If you’re good right now throw it in savings until you want or need something.
Save it, preferably in something interest bearing. Pretend you never got that money.
Having $75 when you really need it is worth a lot more than spending $75 just because you have it.
The absolute best use is opening a Vanguard account, putting $75 in VOO, and forgetting you did it for about 20 or 30 years. Even better, put a $10 in there every month as well.
For a gift for myself when I’m not strapped for cash, I use gift cards and cash for something I would never buy myself. It just feels like it makes a bigger impact that way. I remember it.
If going the charity route, go to your nearest unhoused shelter and ask what they need. I volunteer at one that is hanging on by a thread (no real funding other than a small grant from the county, it’s just volunteers). Sometimes donations aren’t hitting everything we need and something has run out. Hot chocolate packets and cup of noodles are so valuable (easily transportable, usable, stable, and withstand outdoor weather) that we were giving out handfuls yesterday instead of our typical limit of 1 per person per day. It’s wild how important those little things are.
To do the math;
$75 x 25 years at (a conservative) 5% = ~$253
@7% it’s over $400.
Probably not worth your time to wait 25 years for that.
However,
$10/mo at 7% is much more interesting: $8,200
And $10/week: $34,500
Over 25 years this isn’t huge, but it’s *something.”
I used a very conservative % because past gains do not guarantee future performance, and one should not put all their eggs on one basket…But VOO over 30 years averaged 10%, so $10/week with $75 start @ 10% for 25 years is just under $55,000. Double it to $20/wk and you’ve got $108,000.
IDK what’s in store for the world, but for now, people should invest early and regularly. If it all goes to shit even money under the mattress won’t help, so go for the % IMO.
Yea, it would be more about starting a habit that would result in future security. In a perfect world, it starts here with $75 and a tenner every month, then they start putting in $20, then they ramp it up as they’re able.
Go to a mom & pop nonprofit thrift store. You’ll have a fun time and the money often goes to supporting non profits
Safe bet is corn
Who is that in the image? whats the story behind this image?
That’s a man that used to have $75. Now he has corn.
I’d be rolling in that shit like I was Scrooge McDuck.
ITS NOT LIQUID!
If you’re from the Midwest, that’s how you get cornbred.
Corn bed
And then corn bred again ;)
In the corn bed!?!
It’s probably a hunter leaving bait for deer or something. Hence the orange getup.
Buy as many stick on googly eyes as you can and put them on everything you see
Buy where? I want some christopher walken snl sized googly eyes
We have a winner!
Waymond?
Whatever you spend it on, may I make a suggestion, if you have a little extra money yourself? Spend the gift card money, yes: buy something you’ll enjoy, share that joy with the people who got it for you, let them see how happy they’ve made you.
Then take the card that the giftcard came in, put in $75 cash, and put it in a special place. Do that every time someone gives you money or a giftcard. As I’ve gotten older, a lot of the people in my life have died, gotten ill, or moved away. Sometimes, when I’m feeling sad or depressed, I’ll go to my little drawer of cards and pull one out at random. I’ll re-read the message, and think about the person and the love that we shared at that time, and I’ll take the money and do something special for myself, to cheer myself up a bit.
Then sometime in the next few days, I’ll get the same amount of cash from the bank, put it in the envelope, and replace it in my stash: the caring we felt for each other at that time was true (regardless of how things eventually turned out), so the cards give me a little emotional boost and the cash lets me do something for myself that I’d normally not spend money on. It helps me feel better, even if only for a little time.
[I’ll also be honest and say that sometimes I’ve run out of money, and something will twinge and I’ll remember I have this little stash of cash, and having that has helped me get through some slightly tough times. But I always put the money back in the cards when I can afford it.]
That is lovely and amazing life advice, but OP also stated that they received this money for participating in a focus group. I keep giggling at the thought of them going back and interrupting another focus group to show off what they bought with their $75. Then, a couple years later, trying to squeeze out an emotional response by looking at a gift card sleeve that said, “thank you for your participation.”
That’s really beautiful.
Do you have to spend it right now? You could just wait until you need the money and spend it then.
In the humble words of Bender B Rodriguez, you could buy one 75.00 hookerbot or seventy-five 1.00 hookerbots.
How to wisely use $75.
Step 1) Send it to me.
There is no step 2.
send bank details
2rocks and a handy
