If you won a million dollars -- What would you do with it?

Mitzvahmom

Wed, Jul 26 2006, 8:19 am

A. Pay off loans
B. Pay off Debt
C. Invest in a home
D. Money towards savings (kids etc)
E. Donate to organizations that helped me along the way
F. Travel Smile

I have family I havenot seen in over 6 years

Chani

Wed, Jul 26 2006, 10:19 am

Make aliya
Save up for my boys for the day, G-d willing, that they're in kollel
Donate buckets of $$ to Ner Israel and Ohr Somayach

ny21

Wed, Jul 26 2006, 10:24 am

I would pay off my mortgage.
I would put my kids in better schools(that would eat up most of it)
I would put more money in to my home.

frummom

Wed, Jul 26 2006, 10:26 am

I'm embarrassed to say how many times my husband and I have had this conversation...

really, we'd need to win more than a million - because after we paid off our debt, fixed up the house (not even anything fancy) and replaced our ancient car - and paid the taxes, don't forget that! - there wouldn't be much left. I'd want to put aside $ for my kids weddings, potential kollel, and start paying full tuition - and pay back all the scholarships we've gotten over the years.

then I'd get the new sheitel. Very Happy

mimsy7420 ↓

Wed, Jul 26 2006, 11:09 am

Pay off our mortgage.
Pay off my parents mortgage.
Pay off my inlaws mortgage.
Buy myself a car Smile

Help brother and sisterinlaw buy house.

Come to think of it...I think I would need two million.....

nicole81

Wed, Jul 26 2006, 11:38 am

1) Put away enough money to pay for my children's tuition, plus money for college, in an interest bearing account.

2) Put away enough money for my children's weddings in an interest bearing account.

3) Use any leftover money to purchase, or make a downpayment, on a home.

red sea ↓

Wed, Jul 26 2006, 12:21 pm

use the maaser to start a foundation

build myself a house

get a car for me

pay off my parents bills if they owe any

establish a new boys yeshiva (and have it run behind the scenes by women)

put the rest into investments

how many million did you say Wink

lucky ↓

Wed, Jul 26 2006, 2:17 pm

Buy an apt, for 500 grand. (That gets me a 7 room Condo)
A new car, (always had practical secondhand cars till now.)
Help in laws with their debts.
And take a guilt-free vacation.

Hey, You never know........ LOL

↑ lucky

Wed, Jul 26 2006, 2:19 pm

The things that are most important can't be bought with millions.
Health and happiness.........

MommyLuv

Wed, Jul 26 2006, 2:26 pm

you know, a milllion dollars doesnt go very far these days...

I would:

1) put aside $$ for a second story on my house when my family iyh grows, and for school tuition, weddings, etc.
2) get normal health insurance!
3)give maaser and lots more to a few good needy causes
4) invest in some low-risk, high-return stocks or mutual funds
5)landscape the front and back yards of my house

ummm...I guess that takes care of the million!

Purple Hug Bunny ↓

Wed, Jul 26 2006, 3:54 pm

I would buy off a walmart store.
a new computer
a new camera
puzzles
books and music tapes and cd's
I'd buy myself an arts and crafts store.

binah918

Wed, Jul 26 2006, 5:32 pm

-put aside for my Rosh Chodesh group and other programs I organize ($5,000)
-take DH on a seforim shopping spree ($5,000)
-buy a 2nd sheitel ($1,700)
-buy a car...(VERY expensive in Israel...maybe $60,000 for a good car)
-buy plane tix to the States to visit family ($2,500)
-plan a nice but FRUGAL trip, (e.g. youth hostels instead of hotels, buy own food in supermarket, tour book walking tours, etc.) to Europe for a week with DH ($1,500)
-send both sets of parents on a nice trip ($5,000 each)
-give both sets of parents financial help ($10,000 each)
-put the rest in an interest-bearing account

DH have definately had this discussion before!

anon

Wed, Jul 26 2006, 6:25 pm

I would want to buy us a house.
Help out my parents and in-laws.
Put money away for weddings.
Maaser would go to tzedakah organizations.
And then there's taxes!

The total may or may not come out to more than 1million, depending on where I would want to buy our house. But considering that I won the lottery, I would want to live in NY. That takes care of most of the money (once tax and maaser have been subtracted). So give me 2 million Very Happy

shabbatiscoming

Thu, Jul 27 2006, 3:45 am

1. give a big portion of it to a tzedaka or three

2. buy a house on a yishuv with a nice yard so we can have a dog Smile

3. buy a car

4. help a friend of mine who is in desparate need of monetary help

5. bring my whole family to Israel

6. build some beautiful mikvaot around Israel

7. help the evacuees from Aza from last year who, some, are still living in hotels and other places rather than homes

willow

Thu, Jul 27 2006, 4:56 am

ytwh1 wrote:

7. help the evacuees from Aza from last year who, some, are still living in hotels and other places rather than homes

Thats nice most ppl already forgot about them Crying

tulips

Sun, Jul 30 2006, 4:55 am

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Last edited by tulips on Sat, Feb 10 2007, 10:11 pm; edited 1 time in total