The first thing I would do would be to "pay back" the state for all the assistance they have provided for me. Second I would make sure my family was provided for and set up my finances to provide for the future. Third I would set up a foundation to help others. I would definitely do some traveling but I'm not materialistic so I wouldn't be buying a lot of stuff. I would probably get some land and build a nice cabin- have some animals.
2006-09-17 03:49:16
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answer #1
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answered by Jazmanana 4
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Buy a nice, but not terribly expensive home, probably on a 5 acre lot. Furnish it. Put enough in a home account to pay for all future taxes and repairs. Pay off all my debts. Buy a reasonable wardrobe. Put whatever was left in an annuity that gave me a set amount of retirement income per month, starting at age 45.
Then I would use all my available time wisely. Not burdened by rent and work, I'd volunteer for the causes closest to my heart. I'd write more. I'd adopt pets who needed a foster home.
2006-09-17 03:48:56
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answer #2
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answered by Cynanon 2
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Pay my debts , see that my family was secure and look for a way to help others . Maybe set up a trust to help students , the homeless or the ill that can't afford health care . Now days even a million dollar doesn't go far .
2006-09-17 03:48:45
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answer #3
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answered by Anonymous
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I am poor, so I would:
1) Get everybody in my family and extended family out of debt and owning their own house
2) Give some to charity to help the under-privileged.
3) Give some to a charity which helps young people get into business (Grants)
4) Setup a business to do what I want to do
5) I'm sure there would be enough to live off the interest and the successful business I just setup :>
:)
2006-09-17 03:44:51
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answer #4
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answered by nads 4
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Buy a house, not rent, not lease no mortgage, own it.... I would buy a vehicle, own it, not leased or making payments..... but if one was smart, put it in the bank at an interest rate of at least 3%. 3% a year is nearly 100 grand... then you are not so poor anymore. if you start spending it immediately, you will run out of it a lot quicker. so bank at least half of it. that stillgives you 500 thousand to work with.. that's at least 50 thousand a year on interest...... think about, with your house paid and car owned.... 50 only to pay bills and every day living is alot of money.....
2006-09-17 03:44:37
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answer #5
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answered by Tyana 3
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I would pay off my house and my children's houses. set my grandchildren up with trust funds for their education. give a substantial amount to our church. Help out some friends and give to Charity's. I would just want to live comfortably and see others happy too. I would probably still work because I would have given most of the money to help others
2006-09-17 03:59:40
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answer #6
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answered by careermom18 5
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I'd hire a financial advisor. Otherwise, I wouldn't have a CLUE as to how to wisely handle a million dollars.
2006-09-17 10:11:43
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answer #7
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answered by loveblue 5
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pre-pay my cremation. Finish my Dome, http://monolithic.com
finance a youth camp for English computing on the 'Nix 800 OSes.
Support http://pclinuxos.com better.
2006-09-17 03:56:41
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answer #8
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answered by Anonymous
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Umm let me put it this way it's not a good idea to blow it, i would take half of it and put it in for my college funds and use the other half for my daily needs to be prepared.
2006-09-17 03:43:10
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answer #9
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answered by destiny B 1
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put my grand children thru college take a vell deserved vacation ,invest some of it and give some too my children , nice dream huh
2006-09-17 03:44:36
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answer #10
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answered by ? 4
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