Buy or Save?

Philippines
April 19, 2009 5:06am CST
For example you won over 10 billion dollars, what will you do with your money? Will you spend all of it in buying all the things you want, help the people in need or save it for your future?
2 people like this
11 responses
@sblossom (2169)
19 Apr 09
If i have 10 million, buy or save is already not a problem. I think just for personal consumption, it would take long time to spend.I would think to donate some to people who really need it. Blossom
1 person likes this
• Philippines
19 Apr 09
which charity do you prefer to donate some of your money and why?
@Randync (544)
• United States
19 Apr 09
I would probably try to set one up and donate to several groups from it. I like several different groups. Ace and TJ's grin kids, Shriners, anything fighting cancer.
1 person likes this
@sblossom (2169)
19 Apr 09
I would donate money for children to get better education also I might donate money for people who suffer serious diseases especially cancers. Many things I can do if I really have so big money. Blossom
• United States
19 Apr 09
With this amount of money I could help the world and still have fun with my money. I know for a fact I would open a battered woman's shelter. Where i would be working for the rest of my life. I would buy me a house in the south some where warm and cozy. I would hit my family off with some money as well. I would make sure I had a freezer big enough to hold a cow whole. I would never go hungry again. I would pay my daughter's college off and her room and board at school.
1 person likes this
• Philippines
19 Apr 09
to whom do you plan to share your money?
@prinzcy (5036)
• Malaysia
19 Apr 09
Buying will cut down the amount, saving will do nothing much. Investing is more of my choice. I may spend a bit but invest more. That way the money will cycle for more and I can decide something else after that (ie : helping the poor, build education fund, build a house for my family, etc)
1 person likes this
• Philippines
19 Apr 09
i will do the same if i were you. but ofcourse i will save also for my future kids so that they have a starting money.
@Randync (544)
• United States
19 Apr 09
I would buy some things of course but save most of it. As for helping people I would do that by setting up a foundation of some sort.
1 person likes this
• Philippines
19 Apr 09
cool! you said that you will set up a foundation, to whom do you plan to donate it?
@carrine (2748)
• Philippines
19 Apr 09
some of it , i will time deposit in the bank, i will buy 3 cars, house and lots, properties and give 1 million each of my family members, my mom, sisters and bro and niece and nephews. whew.. hahahaha and of course ill share it to the needy.
1 person likes this
• Philippines
19 Apr 09
nice decision you got there. by doing that, you were able to help your family
@benny128 (3621)
19 Apr 09
I would save it and live off the interest. Then pass it down to my kids when I die. As for leaving it for people in need, the only people I am concerned about is my family that is what I am here for to provide for my family.
1 person likes this
• Philippines
19 Apr 09
great! that will help your kids have a starting money at their bank accounts. am i right?
@jakes9 (215)
• India
19 Apr 09
I will divide the amount in 4 equal parts. Then 1 quarter I'll spend by doing shopping, enjoyong movies and all going on vacation and stuff like that. The 2nd quarter I will donate in charities. The 3 rd quarter I will save for my future. And, the 4th quarter, I will invest the stock market!!
1 person likes this
• Philippines
19 Apr 09
nice! that will make you sure that you've divided your money into 4 equal parts! that's pretty smart! :) thank you for that wonderful response. :)
@gracie04 (4554)
• Philippines
19 Apr 09
I would save the half of it.. then the rest i would use it to buy and do some stuffs such as: - Penthouse - Vacation houses for my family - New cars - New pets - New appliances and furniture - Send myself to school - Get insurance for my hubby and family - Share my blessing with family and mom's side of the family - Buy medicines for maintenance - Donate to church and charity - Travel - Help cancer patients - Start my own business - Buy a yacht - Buy new gadgets - Help elderly people and many many more..
• Philippines
19 Apr 09
wow! you sure wanted to do many things about the money you won. i appreciate your answer. thank you very much! :)
@pink_lady (361)
• Philippines
20 Apr 09
Hi khat, For me, I think 60% of that will be my savings, then the rest will be used in buying house and lots, cars, travel & tours for the whole family. And also we can start our own business with that money. So that we can continue the grow the blessings that have given us. Also want to donate some of it for the foundations.
@mira91 (986)
• Singapore
19 Apr 09
Well, i'd do all of the above. I'd set aside a portion to save, a portion to spend on the necessary things and another portion to help those in need...Cz hey, even i need to survive right? So as much as i want to help other people with the money i got, i'd still need some for myself...Besides, 10 billion is a huge amount, they'll probably get a hefty sum of donation...=]
1 person likes this
• Philippines
19 Apr 09
I will save 30% of the money in 3 different bank accounts,10% in each account.I will invest 30% in time deposits, mutual funds, and my own business.I will donate 15% to the church.I will give 15% to my family.I will spend 10% for myself - buy a lot of clothes, shoes, lingerie, perfume, and skincare products.but, even if I win 10 billion dollars,I will not stop working.
1 person likes this