Hey everyone,
With all the talk in the forum about finances (and selling one's own limbs in order to obtain them), I was wondering what you all would do if money was no object. If you had $20 million, what would you do with it? Now, we've had LOTS of threads about this type of subject in the past, and there was some discussion about this in the "Selling Your Foot for $20 Million" thread, so I'd like to add one small twist.
Have you ever thought about why having lots of money might actually be HARMFUL to you?
I was thinking about the fact that most big lottery winners go broke within a few years; child actors who hit it big usually wind up in rehab; and famous athletes often run out of money that seemed unending.
Several years ago, I knew of someone who inherited about a quarter of a million dollars. It was gone in 2 years, because the person had never learned to be responsible or disciplined with money in the first place, so obtaining more money just meant spending all the more money until there was nothing left.
If you had $20 million, tell us:
* 3 things you would do with it,
and
* 3 reasons why having that much money would NOT be good for you.
I'll go first. If I had $20 million, I would make sure to:
1. Hopefully invest the principal amount wisely so I would only take the interest and never touch the original $20 million (and could pass it along to good causes when I die.)
2. Pay off several of my friends' debts, buy one of my best friends a new car, and fulfill my dreams of helping out the churches I charities I support in much larger ways than I am able to do now.
3. HAVE FUN. I would constantly travel around the world, take people on vacations, and probably try to theme park myself to death. If I had lots of disposable income, it would be spent on experiences!!
However, I also know that if I had a lot of money, it would probably be a bad idea because:
1. I would pay to have everything done for me (oil changes, laundry, cooking) and probably never do anything for myself ever again. Having that much money would make me lazy to the nth degree.
2. I would never be able to make a new friend ever again, because I wouldn't know if they liked me for me... or because of the money. I would become depressed and feel isolated because I'd never know if the people I met could ever like me for me, unless I was able to keep what I had and did completely anonymous.
3. Having lots of money would send me into full-blown food addiction. I would pay to have the best, most tasty, and probably most fattening foods in the world made for me everyday, and my health would go down the garbage chute in a few months because of it. And no amount of money can truly buy back original health if you had it to begin with.
How about the rest of you?
We've all dreamed of what it would be like to have incredible amounts of money.
But what would be the real price we'd be paying?
With all the talk in the forum about finances (and selling one's own limbs in order to obtain them), I was wondering what you all would do if money was no object. If you had $20 million, what would you do with it? Now, we've had LOTS of threads about this type of subject in the past, and there was some discussion about this in the "Selling Your Foot for $20 Million" thread, so I'd like to add one small twist.
Have you ever thought about why having lots of money might actually be HARMFUL to you?
I was thinking about the fact that most big lottery winners go broke within a few years; child actors who hit it big usually wind up in rehab; and famous athletes often run out of money that seemed unending.
Several years ago, I knew of someone who inherited about a quarter of a million dollars. It was gone in 2 years, because the person had never learned to be responsible or disciplined with money in the first place, so obtaining more money just meant spending all the more money until there was nothing left.
If you had $20 million, tell us:
* 3 things you would do with it,
and
* 3 reasons why having that much money would NOT be good for you.
I'll go first. If I had $20 million, I would make sure to:
1. Hopefully invest the principal amount wisely so I would only take the interest and never touch the original $20 million (and could pass it along to good causes when I die.)
2. Pay off several of my friends' debts, buy one of my best friends a new car, and fulfill my dreams of helping out the churches I charities I support in much larger ways than I am able to do now.
3. HAVE FUN. I would constantly travel around the world, take people on vacations, and probably try to theme park myself to death. If I had lots of disposable income, it would be spent on experiences!!
However, I also know that if I had a lot of money, it would probably be a bad idea because:
1. I would pay to have everything done for me (oil changes, laundry, cooking) and probably never do anything for myself ever again. Having that much money would make me lazy to the nth degree.
2. I would never be able to make a new friend ever again, because I wouldn't know if they liked me for me... or because of the money. I would become depressed and feel isolated because I'd never know if the people I met could ever like me for me, unless I was able to keep what I had and did completely anonymous.
3. Having lots of money would send me into full-blown food addiction. I would pay to have the best, most tasty, and probably most fattening foods in the world made for me everyday, and my health would go down the garbage chute in a few months because of it. And no amount of money can truly buy back original health if you had it to begin with.
How about the rest of you?
We've all dreamed of what it would be like to have incredible amounts of money.
But what would be the real price we'd be paying?
I'd rather keep it and help those I know when they're in need, whether that be with college, debt, etc. That's just me.
