What would you do with 100,000 dollars -if you were homeless?

oprah - oprah winfrey show
United States
January 30, 2007 4:40pm CST
Oprah Winfrey had a feature on her show a while back about a homeless man who was given 100,000 dolars cash after living on the streets for many years. They filmed his life for the next year afterwards and documented how the money changed his life. It brings to mind an interesting question..what would you do with the money after years of homelessness?
1 person likes this
4 responses
@lauriefnp (5113)
• United States
30 Jan 07
I didn't see this show, but I wish that I had. It would have been interesting. How did he do? What did he do with the money? I have never been homeless, so it's hard to answer this question from the perspective of a homeless person. Being the logical person that I am, I would buy a home, invest some money, consider getting an education and a job, and start my life over. But I am really interested to see what this person did!
2 people like this
• United States
30 Jan 07
I had such hope for this gentleman when I heard about this experiment at the beginning of the show. I can give you a brief rundown on what took place. Go to Oprah.com to see the full details of the experiment and the results. The name of the show is "Are you ready for a windfall" it aired in December of last year. Ted said that his first inentions with the money was to get a one bedroom apartment and a job. However, he did otherwise. The first thing he purchased was a brand new 34,000 truck!! He did move into an apartment, went to visit long lost relatives, helped many of them get out of debt and also got married.He continued collecting cans as he was doing before and sadly he never made any attempts to gain employment. A year later he is out of money, homeless again and separated from his wife. Ted states that he is worse off than before. Despite Ted's acces to counselors and financial planners from the the filmakers who documented his actions, he made his own decisions and he says that he is in more debt than before and is homeless again. So in this case with the money and resources Ted ended up no better off than before. And those relatives that he helped...won't give him the time of day!! So sad!!!
@sree333 (96)
30 Jan 07
oh..that's touching..I guess first thing I would do is look for a house to live in:-). Then slowly get all the basic stuff that I need, invest money in some bussiness. Then probably I would ask my friends who are still at the streets to come and stay with me(or give them job in my company). Just curious: What did this man actually do with his money?
1 person likes this
• United States
30 Jan 07
It certainly seems like a good start for someone that has been on the streets for so long. I was so hopeful for this gentleman. However, despite the advice and availble counsel from people and the directors of this documentary within a year Ted was again homeless. He began first spending money on a brand new 34,000 truck,travel, an apartment and reconnecting with estranged family members. he helped a number of friends and family get out of debt, and he even got married. he never did find employment and continued collecting cans. Once the money ran out his wife left. A really discouraging result that I did not expect. The title of the Oprah Show is "Are you ready for a Windfall"
• United States
30 Jan 07
First, I would get myself some nice clothes and then rent out a large building and open up a homeless shelter to help all of those that needed a place to live. This would so I could help all the people on the streets get off of the streets like I would have been so lucky as to have been taken off the streets.
• United States
30 Jan 07
I think that this gentleman took the money and had the best of intentions but old habits die hard. He helped some people with the money that he found, but he did not necessarily help them the right way. Its kind of like what they tell you to do on an airplane when you lose cabin pressure to put the mask in yourself first and them you can put the mask on a child. It is hard to say what any of us would do in this situation after years of homelessness.
@silkyt34 (324)
• United States
1 Feb 07
if i were to have that given to me i would first find a cheap place to live , buy what i needed not what i wanted and then enroll and pay for the full tuiton of a trade school and learn a trade so that i could continue living in a home with food and the things i needed.. if any was left i would invest it after i got on my own two feet i would reach out and help others who were in that situation
1 person likes this