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If You Made a Million, How Would You Spend It?

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Let's have a break from the daily grind for a minute. If you made a million pounds, how would you spend the money? The only rule in this post is that you have to spend the full million and not have any change left. I'd give away half a million to take care of my family. Then I'd move to the US, buy a dilapidated 1950's ranch in Texas, pay to have it done up to the very highest standard, and then let it out as a high-end holiday let, conference venue, film set and location for fashion photo shoots.

kfe202
8 days ago
What do you think of this?
TheChimp
TheChimp8 days ago

I think that it would cost more than Β£500k to do up this ranch that you talk about πŸ€”

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kfe202
kfe202
Original Poster
8 days ago

Maybe you're right. How would you spend the Β£1 million, TheChimp?

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TheChimp
TheChimp8 days ago

kfe202 Would probably go on a stables and horses for my wife.

As long as she's happy, it would be a million well spent.

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kfe202
kfe202
Original Poster
8 days ago

TheChimp What a sweet sentiment for your wife! Here's hoping you get your dream.

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SweetCinnamon
SweetCinnamon8 days ago

In the USA money goes a lot further - especially in terms of buying property!

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Dennab
Dennab7 days ago

TheChimp You soft git πŸ˜„ True though. Good man.

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kfe202
kfe202
Original Poster
7 days ago

SweetCinnamon I've heard that too. Where in the US do you think you could get the biggest bang for your buck for property?

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TheChimp
TheChimp7 days ago

kfe202 Alaska, probably.

Might want to get a decent heating system in though.

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kfe202
kfe202
Original Poster
7 days ago

TheChimp You're so right! Would definitely need a super-whizzy heating system up there! Okay, given that I don't like *really* cold weather, where's the next best US option that still gives good bank for the property buck?

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BonzoBanana
BonzoBanana8 days ago

Bigger house and maybe a second home in Bulgaria which can be very cheap. Holidays. I wouldn't waste it on new cars etc. I've lived too long as a tight wad that I don't think I could ever have a wasteful approach to money and hate the depreciation of cars etc. I'd still buy s/hand cars and wait until I can get a good price for something before buying. I'm not the type of person who would blast through the money but instead would work out how to spread it out over the rest of my life so each year would be more enjoyable. I'd probably have to do something a bit charitable with some of it especially with regard animal charities as a big softie when it comes to animals. That sort of money creates a huge amount of freedom how you live your life. Also a nice amount of money so you don't have to isolate from other people like the super rich.

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kfe202
kfe202
Original Poster
8 days ago

Wow, you've thought about this ...

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lilyflower
lilyflower8 days ago

I couldn't bring myself to spend a million on something I didn't need. I would count myself lucky that I had a million and was able to live a very comfortable life as would my kids.

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kfe202
kfe202
Original Poster
8 days ago

lilyflower What kind of things would you go for to make your live more comfortable?

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lilyflower
lilyflower8 days ago

kfe202 Not having to worry if the savings I have will last until I reach official retirement age, being able to pay the rent, having the holiday I've put off for years because money is scarce. No fancy cars and rich living, just contentment and happiness πŸ™‚

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kfe202
kfe202
Original Poster
8 days ago

lilyflower That's awesome! I'm so with you on not having to worry about money. Where would you go on that dream trip?

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Imnotcheap
Imnotcheap8 days ago

Ok In reality I would do something sensible but in interest of fun

I'd hire a private jet to take my family to Disney land and hire it out just for us for 2 week socially distanced fun πŸ€—

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kfe202
kfe202
Original Poster
8 days ago

Imnotcheap Sounds awesome! What is socially distanced fun for you?

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Imnotcheap
Imnotcheap7 days ago

Going on all the rides with my kids would be but we tier 3 so not much we can realistically do kfe202

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kfe202
kfe202
Original Poster
7 days ago

Imnotcheap So sorry to hear that you're under tier 3 restrictions at the moment. That sucks. It's no fun being too realistic at the moment. Maybe dreaming is one kind of freedom while we're stuck inside.

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MrsCraig
MrsCraig8 days ago

I would buy a bigger house, pay off my besties mortgage, I would give some to my mother in law and my parents, I would give my brother in law a deposit for a house , put some money away for my son when he is older.

I'm not a very materialistic person, I'm very careful with my money so I'm not someone that spends without thinking so I would spread it out so it would last me, I would probably save it towards retirement.

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SweetCinnamon
SweetCinnamon8 days ago

I would put money towards my families mortgages & put away a bit in a high interest account and watch the money duplicate!

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kfe202
kfe202
Original Poster
8 days ago

SweetCinnamon That's so sweet of you. What would you do with any change? In the real world, there probably wouldn't be much change from a series of mortgages but in the interest of fun ...?

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SweetCinnamon
SweetCinnamon8 days ago

kfe202 Well, only a few family members were able to get a mortgage in the first place so maybe we do have some change to play with. >,< If I had change... I would probably keep it aside for a rainy day, but for fun I'd treat my partner and I to a nice little holiday. Six years we've been together and we've never been able to even spend a night in a hotel room. Im thinking Spa, cocktails and a fun dinner a little dressed up ^_^

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kfe202
kfe202
Original Poster
7 days ago

SweetCinnamon Wow, six years together! Congratulations. Sounds like an awesome idea to have a romantic getaway and chill out. What's one step you can take today to work towards that dream?

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Dennab
Dennab7 days ago

You'd of course have the complications of immigration paperwork too but don't let me **** on your bonfire. I think I'd do something similar - certainly along the lines of having something rustic in the middle of nowhere. Honestly, I think you need to up that million to at least £10m though. £1m is almost normal these days. 😁

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kfe202
kfe202
Original Poster
7 days ago

Dennab Of course you're right about immigration paperwork but that's what attorneys are for ... πŸ˜€ Totally with you on wanting somewhere rustic and isolated. And yes please, Β£10 million would be a lot more fun than Β£1 million! Which opens up a whole new question. How much money do you think is too much money?

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cocolgooh
cocolgooh7 days ago

I’d buy houses with it. I’d live in one and rent out others to have an income from it.

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kfe202
kfe202
Original Poster
7 days ago

Sounds like a plan. Where's the first place you would buy?

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cocolgooh
cocolgooh7 days ago

kfe202 I’d probably buy somewhere local first just to own a house since I rent right now. But I’d also like to buy somewhere in the Scottish countryside so that would be another option too.

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kfe202
kfe202
Original Poster
7 days ago

cocolgooh Sounds idyllic escaping to the Scottish countryside. What is it about that area that calls out to you?

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cocolgooh
cocolgooh6 days ago

kfe202 I have family there, and it’s somewhere totally different to where I am now, so it would be nice for a break from where I live. I guess the change appeals to me!

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kfe202
kfe202
Original Poster
6 days ago

cocolgooh I can see why πŸ˜€

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k4ren2006
k4ren20066 days ago

I'd firstly, semi retire (self employed so wouldn't want to be bored) then I would get the perfect house. No neighbours, rural, perhaps a pool as I love swimming then just quietly carry on as normal. I don't think life would change too much 😁

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kfe202
kfe202
Original Poster
6 days ago

Sounds like a plan. I'm totally with you on not having any neighbours right now and making a lifestyle that could go on unchanged by all the current upheaval. When you say semi-retire, what kind of self-employed work would you like to do just for the fun of it?

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k4ren2006
k4ren20065 days ago

kfe202 I'm self employed already and I craft so do enjoy it but to have less pressure on making a living would make it more enjoyable x

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kfe202
kfe202
Original Poster
5 days ago

k4ren2006 You're so right. Good luck with your business.

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G0501
G05016 days ago

I'd get a house by the seaside and move there, and work a bit less, from home in that lovely house

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kfe202
kfe202
Original Poster
6 days ago

Sounds nice. What is it about the seaside that calls to you?

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G0501
G05015 days ago

kfe202 i grew up by the sea and miss it. Best relaxing walks, fresh air, and popping for a swim in the summer ❀️

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tumblespots
tumblespots6 days ago

I'd like a new, bigger, car and possibly an extra toilet in the house but other than that, nothing really.

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kfe202
kfe202
Original Poster
6 days ago

You make a good point that maybe it's worth renovating rather than moving.

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