Anon is out of ideas

You could move out of your mother's basement

Save up, go on a nice holiday overseas.

Save up, buy a house.

Take up a new expensive hobby like cycling or photography.

Donate to charity.

Donate to worthy political causes.

Get a dopamine hit from seeing number go up.

So many options.

Fund a random Twitch streamer's life while you stay at home doing nothing.
Put money into retirement.
On average people need over $1,000,000 in it to retire comfortably now.
- Are you okay?
Become a patron of the arts and help some students through university.
Work less.
Withdraw it in coins to throw at poor people.

Start playing Magic. Your money will go POOF in no time.

See also: 40k minis, aka plastic crack.
- Alternatively DnD minis, they are mostly cheaper, so you can buy even more!
- Homeboy needs to start collecting titans, they make the minis look cheap.
Ah, a man of culture!
Dunno I made 12k selling my cards back in 2019. Played back in the revised/ice age days
- "time travel to 1994 and play mtg, save the cards for 25 years then sell!" Great advice for anon :)

I've been in this situation.

Get married to a single mom and you'll be broke again in less than a year and in debt the next. That's the quickest way to lose all of your money.

Didn't go the single mom route, but a wife and kids takes care of the free time and money problem.
Single family cruise costs as much as everything OP purchased put together.
Ugh plz don't

There are way too many comments in this thread for it to be okay that yours is the only one mentioning investing for retirement.
- Just goes to show you how few of your peers are actually saving for retirement
- Right? I’m baffled I had to scroll down this far for a mention of investing, which was my immediate answer, after reading the greentext. And it’s absolutely the thing everybody should be doing with part of their money
- I'm just thankful someone finally mentioned buying a fleshlight
Don't forget the kids' 529
- I don't think Anon will have to worry about that one...
- And make sure you educate yourself on what colleges your kid is looking into. It sure would suck having all the 529 money get sucked into a scam school that generates debt for unexchangeable course credits.
Also, if you are technically self-employed, 401k + self-employed IRA provides a lot of room for more tax benefits. If you manage to fill those, then you can always open a brokerage account to put additional savings.
Broad market index funds are a popular choice.
Eventually retire so you have time to play those video games and get sleep.

Could even pay for porn at that point, crazy!

I'm all for it.
Support ethical porn sites that meet their actresses and actors with the respect they deserve.

If you are young and there's nothing you really want to do with a significant amount of money, your emergency savings are decently big, and you don't intend to make a significant purchase in the near to mid future, then you find yourself a tax-free retirement account, a world index fund and an S&P 500 index fund and distribute money across them with the priority being reaching whatever is the max in the first one

Depends on character traits of anon.

Some invest/gamble

Some hoard wealth

Some uses it fight boredom like going to places, travelling, hobbies, etc.

Some try sharing with others or straight up doing charities

This list is missing hookers and cocaine.
- It's hobbies
If all of my money had gone into a charity it would have been, “Junkies Helping Junkies Not Get Dope Sick No More”. :p
Here at junkies, we split shots. We don’t get high. You found some dope on a gas station floor? Three people won’t get sick today. Or, Brenda will convince you that her tolerance is insane because of a recent stay at the hospital, she’ll get half and we’ll split half. She’ll nod out and she won’t be welcome at Junkies Helping Junkies Not Get Dope Sick No More no more.
For real though, been sober for at least a decade at this point. It is crazy how much money people burn through with that little hobby. I don’t miss that life and I’m thankful to be away from it, so if I did accidentally become wealthy I’d give some back to the community that helped me get here. I’d drop by some local AA and NA groups and drop a pile of money under the 1s pretty often.
- I’ve never tried it, but I love this comment.

But what if they win and just get more money?
- Keep gambling. The secret is that the house always wins it back eventually.
Also, ladies of the night and nose clams.
Gacha games are better. At least you get something 👍👍

Save an emergency fund of 6-12 months of expenses. You never know when the rug will get pulled out from under you.
Pay off all debts.
Save at least 15% of income into retirement accounts (not counting any matches).
Give to charity or random internet persons.
Buy a house.
Pay it off.
Max all retirement accounts, invest in some mutual funds, give more.

consider also investing in your community. find local organizations or mutual aid networks, help friends out and in general find ways to build other people up so that they can be there for you if you ever fall on hard times.

Invest it until you can quit job. The old people call that retiring.

Retiring isn't real, it's just an old legend...

Vacations, where every trip costs like a mid range gaming pc.

Unironically anon has cracked the big secret of capitalism; the end goal doesn't matter until someone is trying to steal it from you, and they will try because some people are sick in the head

the big secret is that money is not the end goal. money is merely a tool to let you do other things you want to do. it's not an end, just a means.
- I was going to disagree based on culture, but my disagreement really just boils down to that being a way bigger secret. So i guess you right.
Not really, there's plenty of things you can spend your money on if you have goals and hobbies.
- Anon already did that, good hobbies don't necessitate a constant flow of cash

Send me $400 to buy a telescope lmao

Give some of it to poor people. Being disabled in this country sucks.

Use the money to lobby politicans to pass social assistance for the disabled
- And give some money to the disabled, since they need it faster than that.
What country? There are other countries than the US "the greatest country in the world"
/s

Buy some more avocado toast?

Buy a house and stop mooching off your parents?

I bought a house and my parents moved back in with me.
There's an incredible gap between having 10's of thousands of dollars from a couple years of working a job with low expenses and a habit of not spending money and buying a fucking house lol
Why do you assume they live with their parents?
- Because they have spare money, and only mentioned spending money on frivolous shit, rather than food, rent and bills.
Nah uh

Be like me: so anxious at the prospect of running out of money you just never spend it.

Need new clothes? Is that really a need?

Want to try a hobby? If you don’t like it you’ll feel pretty silly having invested in it.

But a gaming PC? The parts will be obsolete in a year anyways.

Nice cookware? What’s wrong with ye older stuff, it still works just don’t use the bad side of the spatula or you’ll scratch the pan.

People when you tell them about saving your money

Google house

We are sunsetting Google House in accordance with our wider goal of shutting down everything. You will be evicted on march 2nd, 2024 and all buildings will be demolished between march 31 and june 1st. Thank you for being with us for this project!
Why god?
We launched Google House 7 years ago as an attempt to make shareholders think we are still capable of doing something useful. As we focus on making new short-lived products to perpetuate this lie, we no longer have the resources to maintain our rent collection system.
What will you do with the land?
We didn't think this far but the current plan is to leave them as gravel sanctuaries.
- Gravel sanctuaries 🤣
- But you said I purchased the house? I paid $300,000 for the house and now you say you can take it back???
holy hell. I'll never afford

cocaine

And hookers. Don't forget the hookers.

Dildo collection

Well, life keeps kicking me in the balls and I currently need about $5000 to get back on track thanks.

I've broken my PC, Phone, and chair and have been trying to save money to get them fixed for the last 4 months and every time I get extra money something sets me back.
Most recently? Covid. Gotta use saved money to survive while not getting paid. Things are real fuckin neato.

Travel around.

Donate to Lemmy :)

Enjoy the fact that there’s more and more money in your bank account? I personally find solace in that fact.

House Car Vacations Retirement

EA has entered the chat.

Buy Twitter.

Or if you like something more adventurous, put half into developing a time machine and then half into repeating bitcoin speculations, accumulate them on a secure usb drive with s password protection, forget password and then give teams of world renowned hackers limited tries to break it. I've read about the last part a couple of months ago. They bought the same drives and claim that they reverse engineered them on a hardware level to get the idea how their software protection works. Yet, there just two tries left and the guy is not fast to reach an agreement.

Don't let it sit in your bank account, you're wasting its value. After you built up an emergency fund, invest the rest.

Hop on Kickstarter, go to the D&T section and back the first thing you see. A fun way to melt money.

Every kickstarter I’ve backed (72) has delivered eventually. But yes, RIP my $8k. Now I have a dope ass board game library
- Damn, I wish I had kickstart-boardgame money lol

Weed makes all games better.

God this was me when I lived at home. Now 70% of my paycheck goes to my landlord. I'm still able to save because I'm frugal as heck but holy shit it would be so much easier without my landlord fucking me in the ass monthly.

Charity.

buy more PCs

Fuck this is a good question. What do you do?