What would you do if you won the lottery?
Of course, this has crossed my mind before. The thought comes in several variants. From the generic “if I won the lottery” to “if somebody gave me tons of money”. However, the point remains: what would I do if I came into possession of a highly substantial amount of money?
- I would prepare for a future without working to make money. I’d set up investments and funds that will generate enough monthly income that I don’t have to work yet I can live comfortably, have all my expenses covered, have time for my family and myself, be involved in my community, have money to invest in myself, to have fun, to go traveling, to give to charities and other worthy causes, and to save even more money.
- I would buy insurance for unexpected incidents. You may never know.
- I would trade up my home to a larger property with enough space to entertain people.
- A new car might be on the list, but I’m not keen on spending money on things that lose value. I might choose to just rent or hail a ride whenever I need to use one. I don’t have to worry about maintenance and insurance, I don’t have to have a garage, and I can match the vehicle to the occasion.
That’s it.
Stephen Siregar 