You'll note that most of the answers here will be about spending it or giving it away. These are the people that will never have any significant money, and If they ever do, they'll be broke again very quickly.
Start a business. I suggest a franchise of some sort. Franchises almost always succeed, while non-franchises almost always fail. There are over 5,000 franchises to choose from - everything from clothing stores, hardware stores, paint stores, car parts, hardware, and of course food service. Do some research and try to pick a 'name' business that is growing within their market segment.
My advise is to pick quality over discount. As an example, stay away from Subway, try Quiznos instead. My dad always said that if you were going to be a prostitute, be a high priced prostitute. You're doing the same work, so why not get more money for it?
Follow the "How to get rich in American 101" plan, and you'll do just fine:
1. Start a business
2. Build it up
3. Sell it
4. Repeat
If you do this, then you'll have money to spend, not just today, but tomorrow as well. And you'll serve society better by creating jobs rather than giving away money, which benefits no one.
2006-10-22 16:25:51
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answer #1
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answered by Jolly1 5
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put 3months of living expenses in to savings, pay off all my debt. don't go back into debt!!get a good term life insurance policy, put money into a retirement fund, put money in my kids college funds. Buy a modest house or pay mine off, and invest the rest in real estate or growth mutual funds, and live, and give off what in interest makes me.
2006-10-22 16:12:08
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answer #2
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answered by busymom 1
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hmm , buy a good car , take a month long vacation , then save the rest for paying for my college
2006-10-22 16:04:41
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answer #3
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answered by should i ? 3
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buy a house and a new truck blow a little and save the rest or invest
2006-10-22 16:02:49
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answer #4
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answered by Anonymous
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I buy a house.
2006-10-22 18:23:21
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answer #5
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answered by Anonymous
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make a million :) go real estate --- after that yes give to charity :)
2006-10-22 16:03:35
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answer #6
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answered by trader1867 7
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pay off my house and car!
2006-10-22 16:00:44
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answer #7
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answered by Anonymous
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good question. i would buy my school and be finish with it
2006-10-23 06:53:51
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answer #8
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answered by EL GANGSTA. 3
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help others
2006-10-22 16:02:43
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answer #9
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answered by lezbianflava 3
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