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Say you win the lottery, 10 million bucks

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  • This topic has 8 replies, 4 voices, and was last updated 9 years ago by jock.
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  • #90320
    jock
    Participant

    Will solve a lot of immediate problems for me. Take the pressure off looking for work.
    I might take up volunteer work or try to find a worthy charity that doesn’t suck up my donations through “admin” costs.

    Long term I don’t think it solves my “inner purpose” for life though. (see purpose thread)
    Money tends to make me arrogant and insensitive, puts me in decadent, party animal mode. A fool and his money are soon parted and I’ve proven that on several occasions in my life.
    Better I don’t have access to a pile of cash. Otherwise I’ll waste it. I’m suited to average income. I find it too tough on a real low income though, being addicted to certain creature comforts such as regular dental visits, good food, physio visits for my back etcetera. i’d hate to think what would happen to me, if I was thrown into a 3rd world country war zone. I’d be doomed for sure.

    #90336
    Anonymous
    Guest

    Dear Jack:

    In a third world country I recommend Llama Jack take the reins, he may do well, be a guru of sorts… buddha Jack.
    anita

    #90338
    jock
    Participant

    LLama Jack! Good one Anita! 🙂

    #90394
    Aislynn
    Participant

    10 million dollars wow. What a great sum of money. Of course it’d be a lot less after taxes and everything. However, there would still be plenty of money left.

    I’d waste it as well. But rather, I’d call it an investment. An investment for the future. While, I won’t say I’d donate it all, I would donate perhaps a fourth of it. I’d donate it to animal shelters, cancer treatment for children, and food for the homeless or those in need. I know that those charities won’t use 100% of my donation towards the cause, because after all they have costs to stay afloat, but some of these charities use 80 cents out of each dollar towards the cause, and I’d say that’s pretty good. After all, they don’t receive federal funds, and rely on donations from regular people, like you and me. I would choose to donate money because I think it is important to help others.

    The rest of the money I’d save up, some for me, some for my sister and brother, and some for my mother and step-dad. And some of it I’d spend on myself, buy myself lots of books, I love reading.

    Sure, I could keep it and spend it on myself, but that would just make me greedy and make me want more and I’d spend it on lavish items I wouldn’t need.

    I do think that winning 10 million dollars would help me serve my purpose in life because I’d try to put it to good use. I’d like to do volunteer work in foreign countries, and those donation funds could certainly help brighten someone’s day.

    I didn’t always think this way. I used to always say I’d donate money when I worked or had more money, but there was one thing my step-dad said to me that changed my whole perspective. He said ” if you only want to donate money when you have more money, then that shows how little you are motivated to do so. Donate even when you have very little to give, that shows you really mean it.” Why that threw everything in perspective for me, I don’t know, it just made sense to me. I don’t have to give a lot of money, what matters is that I do it and that it comes from my heart, and that I do it because I want to and not just because I have enough money left over.

    #90396
    jock
    Participant

    Aislynn
    That’s a nice story re your stepdad, mentioning about giving even when you have little money. I’ve heard it said that the rich are stingy and the poor are the most generous.
    My father would put 10% of his income on the plate when it came round at Church on Sunday.( and he was never rich) I’ve never lived up to that kind of generosity.

    #90424
    who
    Participant

    As for me,
    1) I would pay off all my debts first.

    2) Next I would spend 2 million and half. And buy my family a big beautiful giant house that they can all live in together,
    without bumping into one another. Unless they wanted to.

    3) Next I would put 2 million inside my sons trust fund bank account. But have it set up where he can only use a certain amount when he turned 18 for college. And then get access to the rest when he turns 25 years of age.

    4) I would also go out to africa where the help is really need and build small a safe refuge for the lesser ones, like kids,and adults starving to death, and who need education! Plus giving them music and arts. I’d invest 2 million of my cash into it. While being out there to make sure it gets done right, so that no one takes advantage of it!

    5) Last I would use 1 million of my money to buy me a nice house on the beach! Or in a nice neighborhood.
    And keep the last million in my bank account.

    • This reply was modified 9 years ago by who.
    • This reply was modified 9 years ago by who.
    #90439
    who
    Participant

    My view on having lots of money, there is nothing wrong with being well off or filthy rich! As long as you remember where you came from and are humble about it!

    I have came across many people of wealth, and not all are bad, I knew a few who wur super rich, and you would never know it, because of the way they acted. Meaning: down to earth, humble, respectful, and generous to others.

    To me, it is the ones who forget who they are or where they came from, that give the meaning of having money a bad name..
    Adding self worth to a piece of cotton paper. a means for exchange, in order to receive what you want. Truly never really being yours, a constant cycle.

    Meaning: instead of looking at money as for what it really is, nothing, no value. Because anything that has value to it, never changes.
    example: How many times have they changed 5-10-20-50-100 dollar bills throughout the years…

    Things Such as gold, silver, and copper etc. It always stays the same. Which gives it value over time.

    But when it comes to money meaning the greenbacks, it is constantly changing, giving it no real value.

    • This reply was modified 9 years ago by who.
    #90444
    jock
    Participant

    I guess I don’t know that many rich people. Certainly don’t live in my neighbourhood or street.

    Hi who
    it’s not all about me
    how you’re doin’?

    #90510
    jock
    Participant

    Apparently lottery winners are famous for spending all their money within 5 years and returning to their financial status pre lottery win.
    Money, the more you get the more you spend.
    Money and I have never had a stable relationship.
    I truly believe generous people get rewarded in some way. Like the Buddhist karma say, you reap what you sow. Stingy people get nothing back. oops I can be a bit stingy. 🙂

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