Found money - what would you do with it.

saracelica

saracelica

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saracelica
Okay so let's say you win $500 in the elite raffle. Only rules are you have to spend it on something for you. It can't be used to pay bills or invest what do you buy?

I would fly home in my rental aircraft and take my parents out to dinner. It's about $400 for me to get home and back so $100 would be a reasonable dinner. for 3 :)
 
Head to the strip club and blow through that in a half hour.
 
saracelica said:
Can't use it for debt. You have to buy something with it or do something nice.
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Oh, so now we're going to throw in new rules, eh? ;)

Ok. Let me see... $500? Jump in the car and take my lovely bride down to the gulf. She loves the beach. :D
 
Put it towards a new drillpress for my woodworking shop.
 
hopmedic said:
Oh, so now we're going to throw in new rules, eh? ;)

Ok. Let me see... $500? Jump in the car and take my lovely bride down to the gulf. She loves the beach. :D
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Uh no - debt is a bill.
 
Black isn't a number. It's a color and pays 1:1.
 
Let see...seeing as how I'm a student pilot, limited to a 30nm radius and I can't fly anywhere with anyone that kinda ends that idea. Although, come think about it, my long XC solo will cost me about $500…that might be fun. :)

Events have come up lately with close friends who lives in North Carolina. I would buy my wife (and maybe myself) a plane ticket to visit our friends down there just to be there and be supportive.
 
You can buy a lot of beer kegs with $500. You could party for a year on that.
 
Found money is how I got started in flying. I got a unexpected 1500.00 payout from a class action lawsuit regarding wages 15 years ago and my wife said "you have always wanted to get your pilots license why don't you take this and get it" I did not feel the need to tell her that it was a down payment and so I went off and started taking lessons. I added up what I spent on getting my license ( ~6k) and have never repeated that particular error again.
 
Captain said:
Black isn't a number. It's a color and pays 1:1.
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Why would you bet on something that pays just 1:1?!
So I put $500 on black and it lands on black I get my $500 back again?
 
saracelica said:
My goodness how much is a drillpress?!
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Quality powertools are not cheap.

a benchtop drill press can easily be more than $500, especially if various accesories are included.

My local woodworking store only sells stuff from China... I'll be looking for something US-made, or at least not imported from China.
 
saracelica said:
Why would you bet on something that pays just 1:1?!
So I put $500 on black and it lands on black I get my $500 back again?
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You put $500 on black and if any black number hits the casino puts $500 next to your $500 and you own it all.

House has the odds due to 1 or 2 green zero's that you lose red or black.
 
You mean by the time my wife and two kids spend $495, I might get a starbucks!!!
 
Captain said:
You put $500 on black and if any black number hits the casino puts $500 next to your $500 and you own it all.

House has the odds due to 1 or 2 green zero's that you lose red or black.
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Yup, there's all kinds of ways to play "guess which number" at a roulette wheel.
 
I got a phone call about a year ago saying that I had nearly 1/2 million coming to me. Still waiting. Not holding breath.
 
Hmm... Just $500?? Well, I guess I could buy another link for my add-a-link diamond bracelet. One link is about that much IIRC. :D Christopher says he is happy I have small wrists. LOL. :dunno:
 
Black or Red pay 1 to 1.

1st, 2nd, or 3rd 12 pay 2 to 1.

Linky
 
Actually about a year ago, I walked into the mens room at work near the end of the work day and found a blank date book containing an envelope. Inside that envelope was 6 brand new $100 bills. There was absolutely no ID at all.

With the help of the chief AA, I got it back to the owner. I was worried it might have been the rent money for of the lower salaried folks or something like that. I also don't like work places where you have to be concerned about theft. This place is a great place to work. I'd like to keep it that way.
 
kontiki said:
Actually about a year ago, I walked into the mens room at work near the end of the work day and found a blank date book containing an envelope. Inside that envelope was 6 brand new $100 bills. There was absolutely no ID at all.

With the help of the chief AA, I got it back to the owner. I was worried it might have been the rent money for of the lower salaried folks or something like that. I also don't like work places where you have to be concerned about theft. This place is a great place to work. I'd like to keep it that way.
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What if you didn't find the owners what did your mind wander to when you thought "This could be mine"
 
> Only rules are you have to spend it on something for you.

23 years ago I worked for a guy that understood the psychology of
rewards. Each year, we would negotiate our targets like everyone else in
the company.

Unlike everyone in the company, he also set three over-achievement
targets; $1,000, $2,000 and $5,000. His rule was; bring him an invoice for
something fun, that is for YOU. He would NOT pay for: vacations, new
roof, car loans, student loans, college fund, remodeling projects, etc.

I used my money to buy vanity-flying experiences:

- Two days at PanAm (back when they were still in the training business).
Day 1 was spent in a plywood cockpit mock-up working on procedures &
flows. Day 2 was spent in a B747-100 sim.

- P-51 intro flights (compnay paid twice, I paid for the third.)

- MES rating/CPL/IA. Sadly; the FSDO was checking the DPE. So they very
CAREFULLY examined my logbook to verify the experience listed on the
8710. They were *VERY* suspicious of B747 and TF-51 entries.

This year; the reward was a forced march ... coach travel to Tel Aviv, for
two days. Only two days. Couldn't go early. Couldn't extend. The coach
airline fare was not upgradeable. Seats were "Gate Assignment" only. The
connections req'd a EWR:JFK airport change. No ability to opt-out for cash.
Or; for just taking the time time-off and staying home. Good grief.

Thankfully, my doc said that I was too ill to travel. <g> I wonder if I need
to report that bit of subterfuge on my next FAA medical exam?

-doug

I spend 80% of my money on airplanes, ammo & beer. The rest is wasted.
 
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saracelica said:
What if you didn't find the owners what did your mind wander to when you thought "This could be mine"
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.

Given that I found it at work, if we haddn't located the owner, I'd have donated it to one of the office charity causes. It's just good mojo. I have one of the better jobs around here.

To be honest, in the $500 dollar range, if I really want it, I already have it.

Now, if I hit the lottery for a quarter million or more, well then maybe a DA 40 is within reach.
 
I would tell a lot of people I know that I won it and let them get all money happy over what I should do with it or how they should help me spend it. Then I would go to the bank and convert the $500 to 500 $1 bills. Then put it in a pile. Pour camp fuel on it. And set it on fire. I would probably even video the burning and give a copy of the recording to everyone.
 
I would finally be able to afford a day of landing at many many airports near me, all in a row. Lots of navigation and lots of landings and I'm sure it would be a very good way to spend the money. For that amount I might be able to hit 10 airports.
 
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