i say ill spend it on needed stuff what should i do buy my dream stuff or buy food pay off bills and things like that
2007-12-16 06:23:46 · 9 answers · asked by Death Rat 2 in Business & Finance ➔ Personal Finance
Make your money work for you, do it all. Buy some rental property Pay off debt, buy your toys. Use that money as your way to the top. If you invest some of it into something that will make you money then eventually you will make the money you spend on your toys back and it will just become this wonderful cycle of give and get. Like I said in the beginning MAKE YOUR MONEY WORK FOR YOU! Never blow your money off on anything. Make all financial decisions wisely
2007-12-16 12:17:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
This is obviously not true. If you had truly inherited a million dollars you wouldn't be on yahoo answers asking people how to spend it. Nobody really cares if you inherited that much. These days a million dollars can get you only a half decent house, so don't be bragging. A person who inherits that much should pay of all bills first. Put half of the remaining balance in a bank account that is paid with interest every year. Use a quarter of the remaining money to invest in the stock market/ hiring a financial advisor. The rest of the money should be spent with what you want to buy and enjoying your money.
good luck
2007-12-16 06:33:37 · answer #2 · answered by laila 2 · 1⤊ 0⤋
I would maybe save some for a rainy day, never know what will happen. Use some to pay off some bills. And use some to have a little fun, buy something you really want but can't usually have, or maybe take your family out to dinner. What ever you want. It would be a good idea to talk to a financial adviser. They would be able to help more. Ether way, at least save a good size chunk for later.
2007-12-16 06:36:36 · answer #3 · answered by Jolene M 2 · 0⤊ 0⤋
It depends on how much more u have. If u have only 2 miln then maybe think about your future and invest the money in something to get a good profit when u get older or when u lose your job or when u just really need the money. But if u have plenty of them anyway then u r bored and probably u will waste it on something stupid anyway so my advice will be also usless.
2007-12-16 06:35:05 · answer #4 · answered by Lost In Space 5 · 0⤊ 0⤋
Okay well i would do the following 1] Buy myself a really nice car , a corvette or something roofless. 2] I would book myself a vacation to Hawaii somewhere nice and hott ! 3] I would go to the mall and buy myself ALOT of clothes and jelewry! 4] I would buy a PS3 and a big TV. I would go on a Hugee shopping spree until theres no more money.
2016-05-24 05:35:04 · answer #5 · answered by jeniffer 3 · 0⤊ 0⤋
According to your question....
I would say, go back to school and learn to read and write with at least some of the money!
2007-12-16 06:32:15 · answer #6 · answered by bugsie 7 · 1⤊ 0⤋
Its your money, spend it the way you see fit.
2007-12-16 06:31:37 · answer #7 · answered by aylatroy 4 · 0⤊ 0⤋
cousin should take up working so he can buy his own cool stuff.
it's the American way, after all!!
2007-12-16 06:35:06 · answer #8 · answered by Spock (rhp) 7 · 0⤊ 0⤋
Hi. I represent a poor widow who lost all her money, her sons are sick.......no, joking only!
2007-12-16 06:28:38 · answer #9 · answered by Anonymous · 0⤊ 0⤋