That attitude may be why I have credit card debt in the first place. I would use the money to pay down Back Taxes. The Interest and Penalty are more than what I owe. This is killing me. Following your wisdom, I am finishing paying off my credit card debt. I have been doing a ton of research on the right type non-toxic, combination of different sizes, cheapest method of purchase of memory foam mattresses.
I would build my own platform bed, order the mattresses…and actually wake up feeling rested and ready to go in the morning. I am building the initial technical skills to begin freelancing in client based film work using techniques you outlined on Chase Jarvis Live.
I will used the money to hire an experienced DSLR shooter on craigslist for a multi-week learning project to get me up to speed on the skills side of the business. I would use it to: 1 Pay for a couple of extension courses at a community college 2 Pay for membership at a freelancer site to supplement my current income 3 Buy some work clothes 4 Save the rest! I would use half to pay off existing debt, and the other half for something cool like… a new shed for my back yard.. I recently found her after 52 years of wondering if she was still alive and if she would want to know me even if I found her.
One thing I want to do is hire a professional photographer so I will have pictures of the moment we finally get to see each other in person. And by the way, all of this happened after both of my adoptive parents passed away on the same day last August and I found my adoption papers while cleaning out their house.
As part of the new garden program, the 5th grades will sell herbs as part of their regular fundraiser. I would invest the money in a pattent, for a medical testing device, that I believe would do extremely well. In an effort to earn more money for the family and teach my two young sons about money I would buy a pair of dogs that would be good family dogs and whose puppies would be easy to sell. I would be able to teach my sons about biology and responsibility by having them help take care of the dogs.
I would also teach them about money and marketing by having them help sell the puppies and count the money. I would also teach them about saving money and tithing by setting up a bank account for them and having them give some to church or a good charity. I hate doing vacations on a small budget.
Hi Ramit! Ramit, First of all, thank you for putting this opportunity out there. Here is a rough idea of what I would like to do with the winnings. I would use it to take my children to Washington DC. My youngest son wants to see the white house and the capital and he is only 7. Then use the money to buy in. Sound Good? I stumbled upon a book by one of my favorite role models in the writing and health field, Dr.
Roni DeLuz. After following her program from 21 Pounds in 21 Days, I reprogrammed my tastebuds and my belief systems subsequently. My life goals changed so much.
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I felt like I was turning into Gandhi. I would spend the money on company software for the insurance company that I currently sell for. The money I am saving up to buy a sailboat with with to sail around the world and raise awareness of individual power and provide real help to people who need it wherever they may need it.
- black friday deals on artificial trees.
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- What would you do with a free $1,000?.
I would buy hardwood floors for my house. I would take myself and my boyfriend to Alinea in Chicago, and use the extra funds to get two three day passes to Lollapalooza for myself and my brother. I would invest the money in the new business that I am currently help create and need the extra cash to get it off the ground. Knowing my daughter, she would save half of it.
I tried to teach her well.
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I would use the money for boosting my business. It has always been my dream to start a film company and I have been doing commercials for businesses for a while now. But I need some capital to form my LLC get business cards and really boost my business. But if I did win that is what I would use it for.
And I would try to save some of it and buy stock with Apple or HP or Dell, depending on which one is the best choice. I would invest in people. The return on investment in people is big on the front end and grows exponentially as they in turn invest in others. So I would donate the money to a local organization that provides food and housing to those at the bottom of the barrel of life. I would spend half on re-doing our apartment to make it more organized and functional. The other half would go to the laptop fund.
I would buy presents for my wife for her birthday and invest in myself more a Udemy course, etc. The rest of the money would go towards my planned trip to Nicaragua to help feed the many starving children. This is the charity website I support. I would buy a couple bicycles for me and my family, and then buy some food, a whole stock pile of it. I would do the boring thing and put it in my Roth IRA. I had a long job drought so I have not gotten to contribute very much to it lately. I have a job, now though I am using the techniques in Dream Job to improve my standing and prepare for the next one in a year or two.
Pay of my student loan and keep some to have a night out with the girl for once instead of studying.. I would buy call options on Apple stock. I would use the money to pay for 3 months supply of a drug I use. My insurance is in the donut hole, meaning I pay double for the cost of the medication. The balance would go in my checking account.
I would re-direct a third of that money towards my Roth IRA, the other third towards savings, and the last third towards printing promo cards to send to advertising agencies to promote my photography work. Use a thousand to fly out to San Francisco or New York for a couple of days and say thank you in person to the brilliant man who wrote the check and changed my life over the last year or so. Woop Woop!
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That way I would be a month ahead. Give or take taxes on items! I would invest it with kickstarter. I started a small business about a year ago selling gourmet crackers that also happen to be healthful. I am plugging along getting the business going while my husband generously puts bread on our table and provides me with some cash infusions for the business. I realize that I need to take the business to the next level and outsource some things.
I would put it toward a new synthesizer keyboard that sounds so much better than the 13 year old piano keyboard I currently use. It would add depth and expression to performances because it sounds so incredible. I would definitely use the money to pay off my education loan! And that debt off will spur me to do a career switch into social enterprise work. I would use it to buy more video equipment.
I am growing the business and more capital would be helpful. I have had to take some money out of it for some unexpected expenses, and my balance is not as high as it once was. The Blendtec is the sportscar of blenders. Or like the convertible car lovers dream of. If you ever wondered what cooks dream of, I tell you Ramit, they dream of Blendtec. Invest it in myself by hiring a personal running coach to help me reach my goal of qualifying for the Boston Marathon as part of my larger goal to run a marathon in every state!
I have 6 kids, 3 of us live in a room I am renting.. I know I can get an apartment for a few more bucks per month.. I would use the money to help us get a bigger place.. I currently just got hired for a temporary position so I would use the money to help pay for transportation to and from work, daycare fees, and Bills rent, utilities, student loan , add to my IRA account and restart my emergency savings account. I would be torn in between putting it on my car or getting everything else ready for my new baby.
I would also take my wife out for a romantic dinner at her favorite Spanish restaurant. And the penny for my thoughts! I would take my little brother on a trip to San Francisco to reconnect with his childhood friend and introduce him to the tech community! I spent the money on having my product designed. It helps parents break free of the so they can start living their lives now and, most importantly, spend time with their kids while they are young.
I would invest in myself by enrolling in local college to acquire up to date skills to be of more interest to hiring managers! Long term it provides woohoo with marketing budget and more profitability. Even longer term it gets me closer to the bigger purpose faster of making fitness accessible to everyone and creating awesomeness. I would pay down my PLUS graduate loan. Put it into a new account and redirect my student auto-loan withdrawal there so that I can keep it off of my radar for a few months.