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Human1000 · 51-55, M
Nothing, actually. I'd enjoy just having the money in the bank for a while. Then, pay-off debts. Third, hire a financial planner. Fourth, give some of it away to family. Fifth, quit my job. Sixth, sell the condo and buy a house. Seventh, travel.
SimpleKiwiGirl · 51-55, F
@Human1000 that's the way to do it.
Keep working. Get yourself used to having all that money in the bank while gaining a 'little' interest. All the while, seriously planning on what to do with it all. Without drawing attention to the fact you now have this money.
I saw what happened when Dad & one of his workmates won $340k between them. Dad was wise, other guy blew his half in 3/4 months or so. Ended up worse off than what he was before the money.
Keep working. Get yourself used to having all that money in the bank while gaining a 'little' interest. All the while, seriously planning on what to do with it all. Without drawing attention to the fact you now have this money.
I saw what happened when Dad & one of his workmates won $340k between them. Dad was wise, other guy blew his half in 3/4 months or so. Ended up worse off than what he was before the money.
Human1000 · 51-55, M
@SimpleKiwiGirl So many stories about Lotto winners blowing through their money and it ruining their lives. You also need something to do -- just quitting one's job is disruptive.
SimpleKiwiGirl · 51-55, F
@Human1000 Feb '97 (when it was won) - Dad: paid off mortgage, renovated house. Gave me, sister, and both younger brother $5k each to go have fun. Invested rest. Those investments are still paying off today.
Other guy: was a heavy drinker / gambler. Don't need to say any more.
Did put a substantial dent in familial (mostly his siblings) relationships, too. "I want this. Wouldn't this be nice..."
So, nope. Tell no one.
Other guy: was a heavy drinker / gambler. Don't need to say any more.
Did put a substantial dent in familial (mostly his siblings) relationships, too. "I want this. Wouldn't this be nice..."
So, nope. Tell no one.