I had a grandparent pass away recently, and all us grandkids got a small inheritance (equivalent to just over 500 US dollars).
I’ve never got anything like this before and I feel a little too sentimental to just blow the money (that set of grandparents helped my single mother raise me essentially). Ironically I could really use a cash injection as I have bunch of bills stacked up and well overdue - but on principle I won’t spend the last vestiges of the meagre savings my proletarian grandparents scraped together after a lifetime of labour just to settle some bills for some scumbag capitalists.
I had an idea that I would put the money in a term deposit, and every year redeposit it and spend the tiny bit of interest on a nice meal or a case of beer or something, so that once a year it would feel like they got me a little gift 🥲but apparently you need more money than that to open one of those accounts.
Maybe it’s best to just buy something that brings some joy to my life, but it feels a little gauche to spend your inheritance from beloved family members on a Xbox or some shit lol. Maybe I’m just being overly sentimental.
tbh I'd pay the bills. Grandparents probably wouldn't want you to worry about interest or collections or anything like that and to be out of debt.
Actually I'd also set aside like $100 and do something they'd like with it. Buy ingredients and make the cookies (or other food) they would make for you. Or go to a sports game they liked. Whatever kind of things they enjoyed. A little memorial, basically.