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I'd put half to three quarters into one big vacation per year. Since the kids are in college in this scenario (in reality I have one in college and one still in high school), I'd want to spend my money doing things that will entice them to join me for a week. $12-18K will go far for a winter or summer break vacation for a family of 4. And college kids can be so much fun to travel with!
The other $6-12K would be spent a little each week or month. Smaller weekend getaways for DH and me. Gym membership, one with a pool and steam room. Hobbies. Hosting neighborhood gatherings with excellent food. |
I want to revise my answer. I'm getting a boat. |
| 2k is nothing is this economy. I guess I'd just save it. |
| I'd donate a good portion. Think how many people the food bank could feed with 2k/month. That's 4,000 meals. |
+100 |
| Horses, trips, generosity with charity and friends. It would be lovely. |
What? $2k is more than I spend on vacation. I'd travel and then upgrade to a beach house for our week at the beach. I'd love to just walk out to the beach instead of get in the car and drive 10 minutes. |
This is always the correct answer. |
| Porsche 911 |
| I would invest some of it for the kids’ future inheritance. Travel and go out with the rest. Be generous to causes I care about. |
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Travel, both more frequently and more extravagantly.
A new bike. Potentially a new car. |
Also it goes with horses. Mostly the cocaine. |
*standing slow golf clap* |
Me too! |
| I am surprised that no one mentioned charitable giving. |