If you have 1 million dollars, how will you spend it and why?

Philippines
August 22, 2008 1:38am CST
I know it's very impossible, but it's not that bad to dream, right? If you were instantly given 1 million dollars.. it's right there in your hands, how would you spend it and why? I'm sure you have a lot of things in mind on what to buy or what to with it. I, however, will spend it by starting a coffee shop & bookstore business and building an orphanage for kids :) The rest will go to my savings for my future family.
1 person likes this
5 responses
• Philippines
22 Aug 08
Wow thats a lot of money. First I will divide the money into 10 parts. Its truly a big amount. I will enumerate the 10 parts. 1. Support the financial needs of our parents as to medicines, food and shelter. I will also want them to enjoy life. I will give them a healthy living. Providing them healthy food, and healthy lifestyles. They can move in with us if they like or have their place renovated. The money will be more than enough. 2. Give the 10% of the amount to Church. It's a blessing that we have that big amount. I'm willing to share it to the Church. The Church knows how to budget the money and who they are going to help. 3. I'm going to build a new house, big enough for 5 children. And the probability that our parents will stay with us. 4. Buy new appliances, furnitures and a lot of new things for the new house. A new car will be included too. 5-6. I would like to invest my money into building an apartment for rental. Then I will be able to have a month income. These needs two parts. 7. Time Deposit in the Bank, for emergency use. 8. Time Deposit in the Bank for our future use. This is when we get old. We still have money to enjoy. 9. Trust fund for the future of our children. 10. I'm going to have 5 children or more. I will use this account for our daily expenses. Wow, how I wish these will all come true. I don't have to worry about our financial status. And we do have monthly income due to apartment rental. And We don't need to work. Just take care of our children, and discipline them properly.
• Philippines
26 Aug 08
that's a very well thought plan on how you should spend your money :) and yes, i believe we should also give out 10% to the church, it'll be a lot of help! i want to raise funds for the missionaries as well.
• Philippines
22 Aug 08
i'll deposit like 90% of it in the bank for future investments and to consider possible businesses. i wouldn't want to use it impulsively. i'll use the rest to have repairs done around the house since it's in pretty bad shape right now XD oh, and i'll also buy kitchen appliances for my mom since she's been wanting to replace her old stuff, they don't even work anymore ~.~
• Philippines
22 Aug 08
haha, repair is good! or, might as well buy new ones :)
@bestcj (278)
• Philippines
22 Aug 08
Wow, this is a lot of money, if i have this money the first thing that i will do is to buy a house, buy a car, avail educational plan for my kids, build a business and the rest deposit to bank hehehehe, and ob course travel around the world.
• Philippines
22 Aug 08
Yes, to travel is also on my list :D
@wyomugs (247)
• United States
22 Aug 08
While I would prefer $2 million, $1 million is a good start.... it's just that you can do a whole lot MORE with 2 than 1. 1. pay off my debts 2. buy a new car 3. buy a new house to replace the 40-yr old trailer I live in now (which we had to find after my house was repossessed) 4. build a pet-friendly apartment building... and I'll never have a vacancy! 5. set up a "trust" fund that would help find others who are in financial need, and help them (anonymously)
• Philippines
22 Aug 08
yup yup! car, i would want to buy one too :)
@zer0charly (5618)
• Philippines
22 Aug 08
wwwhoooaaahhh! that's lots of money, especially if I'll convert it into our currency. I will definitely secure my family and I's conditions. and I'll definitely think of a business which helps my money grows even many.!