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"Is £100,000 enough to change your life?"

ALMOST two-thirds of Britons believe it would take a windfall of at least �100,000 to make a difference to their life, research today indicated.

A survey by National Savings and Investments (NS&I) found that 62 per cent of UK adults think a six figure sum would be needed to have a tangible impact on their lifestyle.

Amid the rising cost of funding a lavish existence, one in ten respondents said a windfall of �2million or more would be needed before they would really notice the difference.

At the other end of the scale, just 6 per cent of people would be satisfied with a �1,000 windfall, the survey of more than 2,000 people found.

Men tended to be the greedier sex, with 67 per cent wanting more than �100,000 to improve their lifestyle compared to 58 per cent of women.

NS&I said the figures reflected a change in spending habits and expectations with more UK consumers regularly treating themselves to luxuries.

But rather than sparking a spending spree more Britons would use a windfall to get their bank balances back into the black, research found.

...continued

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Hmm £100,000 is a lot but is it enough? How many Mercedes-Benz SLR McLarens could I get?

It's enough for a small house but the location wouldnt be great and you'll probably have to invest the rest to fix it up.

I could put it all into a savings account which would earn me £4750.39 in the first year. That's not really going to fun a lavish lifestyle but would certainly pay for a couple of nice holidays.

Talking of holidays I suppose you could spend it all travelling around the world. That'd be fun and take you a couple of years I imagine.

I think if you really wanted to invest it, you should go for a property. Then either live in it or better yet, rent it. Sell it off in a couple of years and hopefully your £100,000 has almost doubled.

Knowing you lot you'd probably want to spend it all here and now. Lots of games? Lots of DVDs? Big HD TV? A new car? Perhaps a new computer with a 24MB broadband connection?

Maybe a new wheelchair for Timmargh. Years supply of twix for @ngel, life time supply of beer for Smedlos. A one way ticket to China for Kawada. Life size dalek and K9 for pb. 8800GTX for Chipp. You get the idea =)

So what would you guys do with £100,000 and would it change your life?

Timmargh wrote:
> Ooh, I'm looking into a new wheelchair at the moment as it
> happens - looks to be somewhere between £12,000 and
> £14,000 so £100,000 would be handy right now!

I had no idea they cost that much. Would you sell your old one then? Maybe it's one of those new ones that goes up and down stairs.

Well, £100,000 might just mean I could move into a bigger house and afford the mortgage (only just, though).

When you're talking about property, then it's not a big figure at all. If you're not interested in property, then, yes, it's more than enough. But a house would come first.

Ideally, I'd need £400,000 to get a house in Spain and not worry about the mortgage, that would really change my life!

Ooh, I'm looking into a new wheelchair at the moment as it happens - looks to be somewhere between £12,000 and £14,000 so £100,000 would be handy right now!

Hey forget the Twix, im off with Kawada.

ALMOST two-thirds of Britons believe it would take a windfall of at least �100,000 to make a difference to their life, research today indicated.

A survey by National Savings and Investments (NS&I) found that 62 per cent of UK adults think a six figure sum would be needed to have a tangible impact on their lifestyle.

Amid the rising cost of funding a lavish existence, one in ten respondents said a windfall of �2million or more would be needed before they would really notice the difference.

At the other end of the scale, just 6 per cent of people would be satisfied with a �1,000 windfall, the survey of more than 2,000 people found.

Men tended to be the greedier sex, with 67 per cent wanting more than �100,000 to improve their lifestyle compared to 58 per cent of women.

NS&I said the figures reflected a change in spending habits and expectations with more UK consumers regularly treating themselves to luxuries.

But rather than sparking a spending spree more Britons would use a windfall to get their bank balances back into the black, research found.

...continued

----

Hmm £100,000 is a lot but is it enough? How many Mercedes-Benz SLR McLarens could I get?

It's enough for a small house but the location wouldnt be great and you'll probably have to invest the rest to fix it up.

I could put it all into a savings account which would earn me £4750.39 in the first year. That's not really going to fun a lavish lifestyle but would certainly pay for a couple of nice holidays.

Talking of holidays I suppose you could spend it all travelling around the world. That'd be fun and take you a couple of years I imagine.

I think if you really wanted to invest it, you should go for a property. Then either live in it or better yet, rent it. Sell it off in a couple of years and hopefully your £100,000 has almost doubled.

Knowing you lot you'd probably want to spend it all here and now. Lots of games? Lots of DVDs? Big HD TV? A new car? Perhaps a new computer with a 24MB broadband connection?

Maybe a new wheelchair for Timmargh. Years supply of twix for @ngel, life time supply of beer for Smedlos. A one way ticket to China for Kawada. Life size dalek and K9 for pb. 8800GTX for Chipp. You get the idea =)

So what would you guys do with £100,000 and would it change your life?