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November 17, 2016

$1,000,000...

If I had a million dollars, I'd...

Heck, I'd be happy with $50,000...but since I was given a budget of a mill, here goes...

1. Pay off my bills - house, vehicles, utilities...so that we're caught up and not struggling. We'll say $200,000 for this.

2. Put money aside for my daughter as an inheritance, let it collect interest. We'll say $100,000.

3. Pay off my parents' house and bills, so they can actually enjoy retirement and not have to worry about money. We'll say $200,000...maybe $300,000 as I'm not sure what they have left owing.

4. Give a little to my brother and sister. We'll say $25,000 each.

5. Put money aside for my husband's retirement, and some aside for my retirement. We'll say $100,000 each put in some form of interest collecting accounts. Separate, of course.

The $150,000 left is for vacations, investing, living off of, bills, gifts...


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