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I have read a lot of books about how to become successful and rich, and almost in every book it is written that before you become rich you need to know exactly what would you do with all the money, you need to plan everything beforehand. So, do you want to be rich? And do you know what would you do with your first Million $?

2007-09-28 13:26:55 · 10 answers · asked by Yokoma 1 in Business & Finance Personal Finance

10 answers

I'd like to start a competition in inner cities where children from low income families have a chance to compete for academic achievements on standardized tests. The prizes would be cash money.

2007-09-28 14:59:58 · answer #1 · answered by RogerDodger 1 · 0 0

I did not set out in life to become a millionaire. If I were to win a lottery or otherwise get a million bucks in one lump I would probably pass out from shock. Then I would probably have to pay nearly a million for medical treatment to heal the trauma incurred when I struck my head in falling from that faint. If there were anything left over I would invest it in a good cause.

According to Aristotle's "Law of the golden mean" one should do and desire everything in moderation, nothing in excess. So I would consider it very bad luck to be given a million and since my philosophical learning has been that wealth, power and fame are the three "seducers" of mankind I would consider the gain of such a sum to be very bad form.

Good luck in getting out from under the burden of desiring to get rich, good mental health, peace and love!

2007-09-28 13:42:10 · answer #2 · answered by Mad Mac 7 · 0 0

I don't want to be rich because then I would have to maintain everything I would buy, and I would be worried about people attacking me and trying to take my riches.

However, if I had $1 million, I would donate $250,000 to the Watchtower and Bible Tract Society, I would give $250,000 to my mother to pay off her bills, and with the rest I would pay off my bills, buy a new car, and buy a pedal harp. That would leave $400,000 which I would put in my savings account.

2007-09-28 13:31:30 · answer #3 · answered by peaceablefruit206 7 · 1 0

To most people who have earned (?) a million dollars, a million dollars isn't enough because their neighbor has two million dollars. Then, when they make(?) two million dollars, it isn't enough because their other neighbor has three million dollars, then...well, anyway, just ask yourself how much is enough, then when you have it, invest it in an annuity, retire young and live like a king for the rest of your life...and your childrens' and their childrens'...

2007-09-28 13:36:16 · answer #4 · answered by Wile E. 7 · 0 0

go read the answers of the 378 other people who have asked this question in the last 2 months

2007-09-28 13:28:42 · answer #5 · answered by Anonymous · 2 0

I would invest it to make more millions. Your money making money. It's a beautiful thing.

2007-09-28 13:35:18 · answer #6 · answered by Anonymous · 0 0

I would work at lowering the number of children who die of starvation everyday (28,000 EVERY DAY)

2007-09-28 13:30:48 · answer #7 · answered by JOHN 7 · 0 0

build my own skate park in my back yard

2007-09-28 13:30:53 · answer #8 · answered by Anonymous · 0 0

stop writing answer on yahoo

2007-09-28 13:29:26 · answer #9 · answered by r c 2 · 1 0

let me see it first, i have to think about it....

2007-09-28 13:30:25 · answer #10 · answered by yos 1 · 1 0

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