Most folks dream of the day a pile of money suddenly falls into their lap, and while you’d think most people would take that newfound dough and splurge on something huge, a new poll finds most folks are actually more fiscally responsible than that.
A new survey asked 1,000 adults what they would do if they were given $5,000 and folks across all demographic said 48% of the money would go towards savings, while 42% would be spent, and 10% would go to charity.
Among the top things adults would do with that new cash, 63% would put it right into savings, while 55% would use it to pay bills and 41% would put it towards their debt. Other uses for the money include:
- Save for retirement (23%)
- Treat themselves to a vacation (19%)
- Pay for a car (14%)
- Save for education/college (14%)
Source: Street Insider