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I'd:

1) pay off my debts;
2) help any friends or family who needed help;
3) buy a house and one of those little sporty Mercedeses;
4) give some away to charities;
5) establish a foundation in my name;
6) go back to school fulltime and get my degree;
7) not worry about anything anymore!

2006-10-26 07:35:10 · 15 answers · asked by funnyrob01 4 in Business & Finance Personal Finance

15 answers

i'd put aside a chunk for savings.....so i don't touch it!
i'd pay off debts- school, car
help buy my mom a new house
give some gifts to friends/family
donate to church, charities
go to culinary school! :) i hate my current job...

it's true, $1M is actually not much in this day and age (a nice house will run at Least $700,000 in california!), but hey i'd take it Anytime. we'd probably sell my mom's house now and buy a nicer one w/ the sell money as well as me helping out..help her down for a nicer car.... i'd want to try to stay as grounded as possible... still work, etc etc. :) sigh.. i need to start buying lotto tickets

2006-10-26 07:54:53 · answer #1 · answered by sasmallworld 6 · 1 0

I'd:

1) pay off my debts;
2) remodel/repair/expand/enhance house and property;
3) ensure college is funded for the three kids;
4) give some away to charities and the Society of Creative Anachronism;
5) establish a charity foundation in the name of my grandmother;
6) travel extensively;
7) ensure comfortable retirement;
8) invest in hobbies (buy new drumset, etc.)

2006-10-26 14:46:45 · answer #2 · answered by drumrb0y 5 · 0 0

At today's prices I'm not sure you could do all that on 1million dollars. A house will take about 1/2 of your total inheritence. If I came into that kind of money I would pay off my existing mortgage, renovate the house I have and live off the interest.

2006-10-26 14:57:17 · answer #3 · answered by ? 6 · 0 0

1. pay the taxes
2. pay off car and camper
3. buy a new truck 3500 Dodge Dually Long Bed Diesel Crew Cab
4. Put up 50K for each of my sons
5. buy my grandma a rascal scooter
6. fix my mom's house
7. do a remodel on our home
8. buy my husband a car lift and a Jeep (70's model equiped for Rock Crawling)
9. put rest into retirement fund ( about 380,000.00)

2006-10-26 14:53:18 · answer #4 · answered by Rainy 5 · 0 0

1. Tell my boss to kiss my fuzzy butt!
2. Pay off debts.
3. Buy a ranch where I can have a horse and some cattle.
4. Build a workshop where I can work on inventions.

2006-10-26 14:45:21 · answer #5 · answered by Anonymous · 0 0

A million isn't that much. I can't even buy a decent house for that here in CA. And it definitely wouldn't come close to taking care of me for the rest of my life.

That being said, I could pay off my debts ($150,000)-->student loans) and have a nice down payment on a house ($400,000). I could then invest the rest for my retirement (the rest)

2006-10-26 14:46:16 · answer #6 · answered by bride2be091507 2 · 1 0

Pay off me debts, put a lot of it in banks, and give presents to all my family. I would also buy some of the stuff I've always wanted, and donate to a charity.

2006-10-26 14:43:14 · answer #7 · answered by IhEaRtToMsAwYeR 3 · 0 0

1) pay off debt (student loan & a credit card) 12,000
2) pay off house 98,000
3) Remodel house 30,000
4) Building Fund at church
5) Tithe at church
6) take a vacation to Alaska with husband
7) bank the rest in mutal funds, retirement and stocks

None of my worries are ever about money

2006-10-26 14:40:29 · answer #8 · answered by freemansfox 4 · 0 0

pay off all of my and my boyfriend's debt so that that won't be an issue when we get married..buy us a house, put some in bank an give the rest to my parents

2006-10-26 14:46:18 · answer #9 · answered by *KiM* 6 · 0 0

- Pay off debts.
- Buy new homes and vehicles for family.
- Buy myself a new home and vehicle.
- Invest.
- Take the rest of my time to think about what else I would like to do with it.

2006-10-26 14:42:50 · answer #10 · answered by Anonymous · 0 0

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