How would your life change if you won or inherited $1 million?
Let’s face it, one million dollars doesn’t have the buying power it used to. From months reading the Washington Post real estate section I know it wouldn’t buy me a house in my neighborhood. Most of those go for at least $1.2.
But it’s still no laughing matter. It’s enough to make some significant life improvements, but not so much that you’d get stalked by strangers from middle school asking for a “loan.”
Here’s what I’d do with my million:
1. Share half with my immediate family members.
2. Apply to anthropology or archaeology programs in DC and take a couple years off work to go to school full time.
3. Travel to dig sites around the world and volunteer while waiting to matriculate in a graduate program.
4. Invest in cameras and lenses to document my travels from site to site.
6. Splurge on some first edition leather bound books.
7. I would take flying lessons and get a pilot’s license.
8. Upgrade to a 2-bedroom apt. with den.
9. Save $100,000 for a rainy day.
10. Put $100,000 in a separate account so that I could donate the interest each year to my charity du jour.
What would you do with your windfall?