Oh my. Every week huh Amanda? Try once a month you slackarse. :-P
Anyway. Lately everyone has been discussing what they would have done if they had been lucky enough to win the $90 million OZLotto that went off last Tuesday... so I thought I would share my thoughts.
First off - GET RID OF DEBT! That's my first goal whether I win money or not. I have debt and I don't like it. So the first thing would be to pay off my credit card, my car loan, and my HECS.
Next thing: a permanent investment. Buy a house to live in. That is also in the cards for ordinary savings... but I think if I had a ridiculous amount of money to spend, the house I envision would be just a tad different. Still, I don't think it would be palatial or anything. Just roomy, and really, really well constructed and designed.
On top of that I would buy a house for Nannal (just so we're even), and two investment properties to rent out. Then a house for my sister, pay off my parent's mortgage, Nannal's parent's mortgage, and buy them both a holiday house wherever they want. My nephew would probably also get a house, but I imagine it would be an investment property.
Speaking of Charlie, I would put aside a fair bit of money for him too. Say, $1,000,000? Why not - he's my nephew!
Oh and my friends would naturally all get huge amounts of money.
I was thinking I could probably pay for all of my friends to come with me to some exotic location for a week or so. We could have the most exciting cocktails, get facials all day and do whatever the hell it is rich people do on holiday.
But all that would probably make me feel a little guilty. And having that much money is a bit ridiculous so I would give some to charity. Which charities? Well, that's the question. There are SO many of them! But off the top of my head, probably Childfund, World Vision, Red Cross, Amnesty International, The Wilderness Society, The Cancer Council ... a charity to do with disabled children ... downs syndrome... all things that are close to my heart and are underfunded by Governments.
The funny thing is, even doing all that, you would probably have so much money left over!
Lets see:
My debt (and this is mainly uni so don't judge me): $33,000
My House: $800,000
Nannal's house: $600,000 (can't be as good as mine :P)
Investment properties: $800,000
Teeni's house: $400,000 (given she lives up north, that's practically a mansion)
Charlies house: $400,000 (one in the city)
Parent's mortgages: $100,000
Holiday houses: $1,200,000
Charlie's money: $1,000,000
Friends (20 of them ish): $10,000,000
Trip to Hawaii or something with 15 people: $1,500,000
Charity: $9,000,000
What's that? Like less than $26,000,000!!
Oh I'd make scholarships, and regular donations to this that and the other. I'd probably invest in shares. I'd probably try and fix up some old family heritage houses. I'd go around the world - comprehensively!
I'd build a school.
I'd build the best goddam orphanage any kid has ever seen in Romania because that shit is just not on.
And still I'd have millions left over. Its enough to make you cry at the absurdity of it.
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