Sunday, April 24, 2011

If I won 1 million dollars

Do you ever have one of those days at were everything just drags? I have them all the time, to keep me entertained during the boring times I like to dream about money, mainly what I would do if I won a certain amount or how much I would save if I saved a certain amount in a certain time frame. Today I have been dreaming about what I would do if I won $1,00,000 and here is what I would do!

If I won $1,000,000 I would:

1. Pay off my mothers mortgage approx $250,000
2. Pay off my credit card and loans $1472.58
3. Pay off my brothers loans and credit card debt $11,000
4. Give my mum and brother $50,000 each $100,000
5. Epic Party $5,000
6. Around the world holiday $60,000
7. Move to the UK and establish myself in a rental property $8,000
8. Go to university and study photography $20,000
9. Put the rest $433,472.58 into a savings account and generate interest until I decide if I want to buy property in the UK or what.

Number 9 is pretty boring but the stock market scares me, maybe I should use the rest to hire a financial advisor to let me know where I should save the rest. What would you do if you won 1 million?

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