If I woke up tomorrow and won $1 million, there would be a quick shift in my mindset and for the better, other than what it would have been a decade ago.
If you had asked me this question many years ago, I would have given you a simple answer telling you what my cravings are and what I would spend the money on, but times have changed, and each day, I am getting wiser mentally, emotionally, and otherwise, maybe because of responsibilities as a parent, just maybe, but to be honest, experience keeps teaching me life lessons, and I've learned that if I don't manage money wisely, it disappears within the twinkling of an eye.
Winning $1 million would never make me quit my work; that would be so foolish of me. I won't also start living a reckless life, thinking that I have arrived; no, that money is counted and would someday vanish while I still exist in this life, hopefully starting all over again, so what is the need for having such privilege without making the most of it to secure the future of my family?
I have sat down many times wishing for plenty of money for me and my family to secure a lifetime investment that wouldn't make my generation struggle so much financially....and Just a few days ago, I was speaking with my brother, and we talked about how my dad sold all his landed properties, including a house he built in the north, just to sponsor his half brother and other people in our community back then.
It was a kind gesture but with a wrong approach. imagine doing away with your secured real estate over the years!.., a cool asset many people are looking for today but are unable to secure one due to lack of funds. Then you throw yours away over charity. I don't know how it was for him back then, but he should have just given them money he had instead of such a decision.
If those assets are here today, we the children, including our own children, will keep reaping from such investments. That's by the way, but one top investment I will do with the $1 million is a real estate investment, especially property in a strategic location. Secondly, I will keep a portion for my children's education, just enough to secure them with quality education without barriers, and for sure, education is another great investment we can think of. All these steps are to ensure that the money is working for me rather than spending it all on things that fade away.
How long the money you have can sustain you is what financial freedom is all about. Finally assisting my close family members would be an exciting thing to do with the money. Growing up, I see that as one of our family culture, each person being a shoulder for another to lean on, and when everyone is growing better financially, it becomes a win-win.
Having said that, I would always encourage and practice financial assistance, but selling my asset to sponsor someone in school is not something I think I would do, just like my dad, except in health issues; I can consider that when life is at risk.
Overall, there are other great things to do with such money that when I look around, I will be ever grateful to God for finding me worthy for such a win, but let's keep it on a low key until someday this wish comes into reality.
This is my response to the iucontest for this round. Feel free to join in here
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