Invest it wisely in property, resulting in a 5% return per annum, aka $50,000 a year.
That's £32,258.07 a year, which after tax in the UK is £25,000 a year.
Now while I finish my degree I will be left with
£25,000
-£9,000 tuition
-£(~)7000 accommodation + bills + foods and essentials
= £9000 disposable income a year ($14,000)
Which is very good for a student and which I'd just use to enjoy my time luxuriously here and go to festivals/holidays in summer since I won't need to get a ****** part time job.
Then after uni I would travel for a year or two, then I would probably still pursue a career but there wouldn't be any financial pressure since I'd already have what is a effectively a good paying salary coming in and I wouldn't be in any debt.
I wouldn't give any of the lump sum to charity/my parents because it's more beneficial in the long run to invest and then donate/give a a larger amount each year.
It's kinda tragic that I've legit thought this through before.
also give my brother money for school and stuff.
