I Was tagged.
I was tagged by Corey
If I won a million Dollars, first I would be a little skeptical.
This Sunday night we watched an old Walton's DVD on just this very issue. Of course it was during the depression so it was a $250. bequest. Grandma Walton promised $50. for the church roof, $3. per kid and then $100. to John Boys Education. Mean while the hot water heater was on the fritz. So they spent The education fund on th Hot Water heater and took gram pa's old watch in for repair. The bequeathing was not met due to medical debt on the estate and so all was lost. Gram pa sold the watch to get less than half the Education fund back. It was the TIME that grams spent at the university that was the saving grace.
So having had that in mind I think I would do nothing until all was throughly investigated and taxes paid. Then when the monies were in the bank after I changed my phone number and address :) I would consider it and only then.
A million dollars is not very much. It will not go very far after taxes.
I would pay off all debt on my home.
Get beloved a nice truck a white one that could pull the trailer and we could all go camping in. Set aside a fund to pay for Insurance and registration for many years. Set aside a cash fund to be available as needed.
I would place a large amount in low risk investments to bone up our retirement. Including large 529's for the kids educations.
I would pray for wisdom in a praise offering to give back to others, I would take my time and be wise here. It would be toward Widows and Orphans Health I think. True widows.
We would travel as a family and explore the world around us.
Move to the forest somewhere or live there seasonally.
debt free. Set for retirement.
Now if They feel like playing....I tag.
Michelle G.
Trishia
Christine
Kailani
Ametra
What They Do With Their $1 Million.
1. SYH will spend for Family
2. Miche will give to the needy
3. Montessorimum will keepsake
4. Lovely Mummy will spend & save
5. MummyInVain will fully utilise
6. Babyfiona will buy house and open business
7. MonkeyWong will go for a long vacation
8. Emila Yusof will realise her dream
9. Mariuca will open a Perfume Gallery
10.Janice Ng will upgrade house and go for long vacation
11.Hin will blog to donate for charity
12.Bobo will invest in property and let her parents go on a holiday.
13. Adrian will spend it all!
14. Brad will spend all of his money on foolish gadgets
15.Danielle will buy a cottage in the woods and never look back
16. Brown Baron will hold a $17,500 blog contest.
17. Bobby will be on a World vacation forever.
18. Wolfgang will try to live, fix the things that can be fixed with what money can buy, and (hopefully) live happily ever after (feel free to shorten to include only the linked part when you repost please).
19. Ingrid would do the sensible thing financially, then take her family with her and become a globetrotter for six months.
20. Corey, Remain debt free,Dream Home,Jeep for Hubby,Local Charities,investments both short and long tern, Gifts for friends.
21. Donetta Pay off my home. Get Beloved a nice truck. Large amount in low risk investments, Give a praise offering, Travel, Move to a forest somewhere.
1- Tell what you would do.
2- Tag 5 people
3- Reproduce the list of bloggers who have already done this challenge and add your name at the end.
2 comments:
sounds like a plan. :)
Thanks for playing along.
oh can you add me to the list after Ingrid. I forgot. oops!
you can read about it on my blog
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