If I Had $1 Million (Tag)
Frank of The New Parent tagged me to tell what I would do if I won/had $1 million. Did you know that the average worker will earn more than a million dollars during his lifetime?
US Census (2002) stats on lifetime earnings by degrees (high school, bachelor, masters, PhD)Hat Tip: The Online Bachelor Degree
- High school $1.2 (million)
- Some college $1.5
- Associate $1.6
- Bachelor’s $2.1
- Masters $2.5
- Professional Degree $4.4
- Doctoral $3.4
So we actually decide how we will "spend $1 million" every day. That's a rather sobering thought.
Alright, here are the rules for this particular tag.
1st- Tell what you would do "If You Had $1,000,000.00 ... "
This is what I would do if I somehow obtained $1 million in lump sum form.
- Give a minimum of 10% to our church and 10% to missionaries.
- Pay off our only remaining debt - our mortgage and car payment.
- Stick away a substantial amount of money for our girls.
- Save and invest a large portion.
- Pay for our extended families to join us for a week's vacation at a beach cottage on the Outer Banks.
- Allot a small portion for recreational spending - what is the fun of having extra money if you can't spend a little bit? *smile*
3rd - Let the blogger you want to tag know they have been tagged by commenting on their blog.
4th - Add your own blog link to the list below.
What They Would Do With Their $1 Million:
- SYH will spend for Family.
- Miche will give to the needy.
- Montessorimum will keepsake
- Healthfreakmommy will keep, invest, spend and give to the needy.
- The New Parent would use for education and charity.
- The Porch Light: charitable giving, pay off debt, save for self and children, vacation with family, spend a bit.
2 comments:
Hi R---thanks for participating. Cottage on the Outer Banks, eh? Sounds nice (smile).
Yes, it would be pure heaven. :>) This tag was fun; thanks!
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