Winning the Lottery
-
@gjacobse said:
@JaredBusch said:
I would "get it out of my system" as @MattSpeller said by maxing my credit card $18k limit I think. There is normally a revolving $2k on there, so I should be able to have enough fun on $16k. That is my self determined limit for celebratory things with any influx of cash. So it is then paid off when I hit step 4.
I don't have a credit card, and no interest / need to get one. I have been without one for a few years... and it has been nice.
I need to spend a little time looking at card offers and get a new one. Mileage cards are not worth as much as the used to be.
The point of a credit card is to use it. The banks want you to use and and not pay it off so they can get the interest. I don't do that. I use it as another source of (limited) income. Since 2007 I have not paid for a single flight to Japan for myself as I have been able to purchase them on rewards from the card point program. Not earned enough to buy 4 to take everyone, but still buying 3 tickets instead of 4 is a good thing.
-
If I had gobs of money and needed an outlet, I'd probably buy investments that I found "fun" like restaurants, bars and real estate.
-
@scottalanmiller said:
If I had gobs of money and needed an outlet, I'd probably buy investments that I found "fun" like restaurants, bars and real estate.
Completely agree. I wouldn't mind owning a Chipotle so I could eat there for free.
-
You guys get taxed on your winnings?
-
I think the thing to do is dump it into a high interest earning account for 6 months to a year to really figure out what you really wanted to do with it (Business as usual & don't tell anyone). Filter out all the whimsical wants.
Once you've sorted out what to do with it, make it so...
-
In the US, a high interest account still loses to inflation.
-
@quicky2g said:
@scottalanmiller said:
If I had gobs of money and needed an outlet, I'd probably buy investments that I found "fun" like restaurants, bars and real estate.
Completely agree. I wouldn't mind owning a Chipotle so I could eat there for free.
Really? A chipotle?
We have a local single location place called the Rail Yard. Their menu changes constantly. I think I'd go for a place like that, then I can have whatever I want. lol
-
Hit a huge lottery - I used to think I'd buy fancy car or two - but then I realized I'd never be home. I'd be like Scott - I'd be living all over the world.
Frankly I'm envious as hell of his current lifestyle.
Though, My wife wouldn't accept it. -
@Dashrender said:
Hit a huge lottery - I used to think I'd buy fancy car or two - but then I realized I'd never be home. I'd be like Scott - I'd be living all over the world.
Frankly I'm envious as hell of his current lifestyle.
Though, My wife wouldn't accept it.lol I am a bit sometimes too but ultimately I'd just end up lonely and come back home. I want all of the travel with none of the working - just see and experience new stuff in a new place for a month, then return home.
-
@MattSpeller said:
@Dashrender said:
Hit a huge lottery - I used to think I'd buy fancy car or two - but then I realized I'd never be home. I'd be like Scott - I'd be living all over the world.
Frankly I'm envious as hell of his current lifestyle.
Though, My wife wouldn't accept it.lol I am a bit sometimes too but ultimately I'd just end up lonely and come back home. I want all of the travel with none of the working - just see and experience new stuff in a new place for a month, then return home.
And that is 80% the reason I quit driving a truck for a living..... now it looks like I'll need to find a job programming the computer to drive them
-
@MattSpeller said:
@Dashrender said:
Hit a huge lottery - I used to think I'd buy fancy car or two - but then I realized I'd never be home. I'd be like Scott - I'd be living all over the world.
Frankly I'm envious as hell of his current lifestyle.
Though, My wife wouldn't accept it.lol I am a bit sometimes too but ultimately I'd just end up lonely and come back home. I want all of the travel with none of the working - just see and experience new stuff in a new place for a month, then return home.
Not married I assume? or are you assuming that I would travel like that without her? lol
I would not.
I do have one huge thing on that loneliness factor though, through my Star Wars group I have friends all over the world, the exception is Africa and Antarctica. I have at least 30 countries I could visit and know someone through my group, and it's probably a lot more than that.
-
@Dashrender I'm a batchelor and what you do with your significant other is your business
