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How would you spend $1000 extra income?

How does spending $1000 extra income impact your life? Let’s say you just made $1000 extra income today, how would you spend it?

How does it make difference in your life? We are doing Online Business for reasons including making and spending income I assume.

I have drafted out some ideas. They would be my daily motivation to hit $1000 three times a month as 2012 goal. – 36 times a year.  To dream evern bigger,  how about $1000 a day? It’s possible and online business potential is unlimited as you may know.

spend extra 1000
How would you spend extra $1000 today?

Spend $1000

Since this is an extra income, it would be nice to spend it all right the way. How would it improve your daily life? If you have it monthly, will you move in a better living home like an apartment in a nice neighbor?

As an extra income, I will let my kids to take music, dance, and sport classes over the weekend. It easily costs hundreds on monthly basis. What if I buy a new mini-van?

Do you have any dreamed vacation? Would you go to those countries that you haven’t been? Is $1000 enough for a nice vacation? Or save it up, so one day you could make the trip?

For me, we could have a nice Disneyland Weekend Trip in Los Angeles. It could cover gas, entrance tickets, nice meals, and hotel accommodation with $1000.

How to invest 1000 dollars?

Be honest, I don’t know how to invest money wisely. I don’t even buy stocks aggressively.

Anyway, you have extra $1000. Would you buy a few shares of Apple or Google Stocks?

Since this is an extra money, I will reinvest in my online business with outsourcing. I will outsource more article writing and backlinking so I work less. I will buy software or services to save me time and be more efficient so I could spend more time with my family.

For your reference – how to invest 1000 by other professional advice (I think it really all depends.)

http://www.mint.com/blog/goals/invest-with-little-money/

http://www.nasdaq.com/investing/start-investing-1000.stm

Saving $1000

I could save $1000 in a saving account with 0.1% return, so it would be my emergency money when things pop up such as I need to fix the toilet leaking or pay a medical bill.

I may have a bigger item to buy such as my next house. $1000 could be saved up for the down-payment.

$1000 is not whole a lot to spend right the way. It could be saved for bigger use. Would you?

Giving $1000 away

Have you been giving on regular basis? One of the joy is be able to give to those in need and donate to clarities and non-profit organizations? How about to give away a portion of it?

The more you give, the more you get.

How I will do with my extra one thousand

While my online business is still kind of green, I gonna do this breakdown:

50% – Invest back to my online business so it will grow like a seed and help making the next $1000 faster.  I’m trying to spend at least $500 a month as my annual goal.

30% – Spend. Easy enough, just spend $300 for pleasure, buy a nice meal to award myself, buy some nice toys and clothers on the kids, and family. It’s one of my motivation to make extra money online.

10% – To Save for rainy days. I feel great and secure to have an extra $100 in my saving account.

10% – To Give to Charity. The more I make, I’m more than happy to give and help others out. I’m not all about myself.

Dream Big and spend Extra $1000 would be one of your motivation working online.  I’m hitting a $1000 this month (it’s already half way through this month) and scaling up to hit X3 monthly. Meanwhile, it would be nice to dream and plan how to spend extra money like that.

Sharing

Do you have any ideas how you will spend your extra $1000? Any fun idea to share? How would you spend your extra $1000 today?