Make one awesome village and also speed through the quests. Since, you know, some of them require you to buy fancy expensive things with cash anyway. You have more than enough to get them all. Although possibly not enough time to finish all the quests since they're closing. Which is sad.
But yeah, just spend whatever you want now. Might as well splurge since we have the chance. (Like, buying up all all the land you have now with cash to save the gold for other things.)
spend it speedily for a nice village. i think if you have creative mind to do so it would more fun. i try it but im not creative so i speed up for quest...it does not help to see the nice level up features but at least we been a part to the story line of Lena on the farm crying Goodbye Lena!