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What Could YOU do with $100,000?

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What could YOU do with $100,000?

For the vast majority of us, $100,000 represents a significant sum of money that can open up a world of possibilities. Whether you’d save it, spend it, or splurge it, there are countless ways to use such a significant sum to add a whole lot of value to your life and make a positive impact on those around you. So, what would you choose to do with a cool $100K? Here is some inspiration if you’re in need…

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Pay your mortgage or rent for a year

Cost of living. Three little words that seem to be taking up all the oxygen in the airwaves of late. With housing costs, interest and rental rates, and daily expenses on the rise, a massive whack of financial relief would offer exactly that… a HUGE relief from skyrocketing bills and a game-changing playing field leveller. With a renewed sense of financial security also comes the added bonus of flexibility to dedicate funds to other areas of your life, including time and money to spend with family and friends, to pursue hobbies, or to support meaningful causes. 

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Renovate your home

An overdue extension, a new bathroom, a neglected backyard… if you’re a homeowner, chances are there’s a renovation wishlist occupying some mental or physical space somewhere in your life. While the costs and effort involved aren’t insignificant, the benefits can be huge, not least making your home a more enjoyable environment in which to live as well as adding value to your property when it comes time to sell. Just think of all the improvements $100,000 could buy!

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Take a trip of a lifetime 

They say travel is the only thing that costs money but makes one richer, so imagine how enriching $100,000 worth of adventuring could be to your life! There are not many places and experiences you couldn’t reach with such a substantial budget: the bustling souks of Marrakech, the wild and untouched environs of the Mongolian steppe, the other-worldly dreamscape of the Antarctic. It’s all within reach, and then some. Life-changing, perspective enhancing, and horizon expanding… that’s money well spent. 

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Start a business

Use wealth to create wealth. Whether you’re looking to change profession or start a side-hustle, $100,000 would go a long way to seed the start of a new venture. From digital start-up to brick n’ mortar store to training, inventory and beyond—the challenges and requirements may be considerable, but the long-term payoff could be equally significant. And if starting a business is still a pipe dream, investing in the necessary education or training is certainly a valuable and attainable step in the right direction. 

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Upgrade your rig

So, you’re an outdoors enthusiast and you’ve come into a cool $100,000… what next? How about using it to increase the performance, enjoyment, and value of your off-road rig? From a lift to a suspension upgrade, chrome delete finish to custom wheels, there are innumerable modifications you can choose to personalise your ride and better equip it to handle the desired conditions. You can get more out of your vehicle, have a ball putting the upgrades to good use, and expect a better resale price when the time comes. 

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Give back to your community

Whether your desire is to do a little or a lot, giving back to a cause or community you care about is undoubtedly one of the most satisfying things money can buy. While $100,000 is an enormous sum to consider donating, you can still do good for a lot less than that. For example, for the price of a Cars for Cancer ticket, you can support critically ill Mater patients and their families when they need it most. Plus, it could also be your ticket to your very own $100,000 pot of gold (and the rest!). 

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