Admit it, we've all envisioned that we were all a sudden struck with great riches.
No more worrying about bills.
No more worrying about the unsuspecting bills.
Never again have to question how some dreams might come true.
If I woke up tomorrow and found out I had won $1,000,000 I'd be very glad but once all the fun had died down, I don't believe my life would be like one of the scenes in a movie, where a person just left everything and toured the world.
I think the money would alter my options more than the person.
I would first be sure that my family is safe and comfortable.
A lesson I've learned in life is that no matter how bad the money is, no one is really alone. If one member of the family is down, it's felt by all members in some way. My biggest satisfaction would probably be to take some of those burdens off.
For not because I want praise but for the fact that those who helped you are now breathing a little easier because of it.
Then I would work on developing long-term stability.
Numerous lottery winners find themselves in the public spotlight, but with little money in their pockets. I would do anything to avoid that.
Much of the funds would be spent on the investments and income generation activities instead of luxuries.
I would want the money to continue to pay tribute long after the excitement of winning had been lost.
Self-investment, of course!
I have some goals that take resources, education, and time. If they were able to have their flow of money, the idea of following them wouldn't be so difficult without having to worry about their next meal.
Something about this question interests me because:
I believe "money reveals people" rather than "money changes people.
Those people who like status may purchase costly cars.
A person with an appreciation for experiences might explore the globe.
A person who sees security as important can put the majority of his money into it.
The options typically involve priorities that are in place prior to receiving the funds.
When it comes to quitting my job: I don't know that I'd just stop working.
I could leave my job that maybe I like no longer, but I don't believe I could just sit around doing nothing.
Purpose matters.
Growth matters.
Money can solve many problems but not all.
I would still want projects to build and goals to chase and challenges to overcome.
I also think that financial freedom is accompanied by responsibility.
When I have $1 million, I would want part of that blessing to go to my family. The money should be used in a way that will make a difference to others, either in supporting their families, helping them get opportunities, or helping with causes I believe in.
Would my life be different?
Absolutely.
I would be travelling more.
Sleep better.
Stress less.
And likely be more likely to make decisions with confidence.
However, it would be luxury's biggest change.
It would be free.
Lots of choice, not pressure.
Being able to take risks without having to constantly assess the financial risk.
The ability to plan for the future rather than the next few months.
If I won $1 million tomorrow, my dreams would not change, anyway.
Most of these are already in place.
Difference is I would have the money to chase them and not hit the brakes every few steps.
For me, that's what true wealth is—it's not when you have everything you want, it's when you have the ability to create the life you want.
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