One Million Dollars

Q: If you found one million dollars in the morning and had to spend it by nightfall, what would you do with the money?
dreamstimefree_243655_thumb.jpgTo start, I would make a list of the people in my family, their situations financially and give them individual gifts to take care of their debt situation. I would ensure that some of them have enough savings to live on. Second, make a list of things my wife and I need and would buy them, such as a new roof, new siding  for the house, a new fence, and a new car to replace the old one we have, new sofas and refinish the floors. Key things we need to do in the house.
Next, I would also make a list of my favorite charities and would make a donation to each of them. The rest of the money, I would invest in dividend income stocks to ensure my wife and I have a monthly income that supplements our existing income.
This should take care of the one million dollars and it would be spent within 12 hours.
Now, if I could get someone to donate $1.0 M by tomorrow morning, I could put my plan into effect tomorrow.

One thought on “One Million Dollars

  • November 6, 2013 at 7:47 pm
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    Spending $1M should be easy. Just buy a lot of things that are expensive.

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