I'm taking classes at a Tech college to earn a certificate. If I had a million dollars, I'd go on to earn a Bachelor's degree, at least. I'd probably start my own small business and buy a home. The rest of the money would be invested, of course.
A slight tangent from this article but it is helpful for finding low prices. Amazon's prices are very dynamic with changes daily or even hourly for some items. I keep my shopping cart empty but my "saved for later" full. Everyday, if you check your shopping cart, it will tell you if something has gone up or down since you last checked in both the shopping cart and the "saved for later" lists. Sometimes, there will be a great price drop and I move it to my shopping cart. It can last for a few days or a few hours. An annoyance with this is that for some items, the price will change a few cents everyday so that every time I check, it tells me that item on my list has a had a change in price. In effect, it brings it to my attention every time. Regardless, I frequently find better deals than I would normally by just doing a daily check of my shopping cart.
I've taught a beginning sewing class for years now and I've seen students walk in with all kinds of different machines, including the models on your list. What bothers me about these machines is that they are throwaways. Initially they are not expensive but when repair is needed, the owner learns that the cost of repair is greater than what they paid for the machine. My recommendations are to buy the best quality machine you can afford and to try some machines out before you buy. A good quality machine will be easier to sew with and you will congratulate yourself on your good sense every time you use it. You don't need hundreds of stitches; most of us who have lots of stitches never use them. For sewing, you need a good straight stitch and a zigzag stitch and an automatic buttonhole would also be great. Even if you decide that the machines sold by dealers are too expensive for you, go and try out the machines there. You will learn what is out there in terms of features and what you want to see in your machine. The only thing I would watch out for with the dealers is that they really push embroidery machines and those things are crazy expensive. If you're easily swayed by salespeople, leave the checkbook and plastic at home while you take that first look.
Great tips - especially the "resume builder". You never know when you're going to have to go back to work (another recession, divorce, etc.) so its always good to be prepared.
I would tithe off the top to my church/charities, buy a house for my family, take a year off of work to get my MBA, then use the remainder of the million to go into business for myself.
I'd invest half of it into p2p loans and I'd use the other half to invest into my business, buy a house and take a couple great vacations with my wife.
I would keep working, but use the extra money to pay off all my debts (student loans, car, etc.) and invest the remaining in the market. I would slowly do my best to live off the returns, and work to build it up.
If I won a million dollars, I would continue to create 'What my Coffee says to me' daily illustrated series, because it makes me smile and it spread happiness and joy throughout social media.
Each day I love to create a new coffee inspired illustration and, I do them for fun and they are free :) I post some of my illustrations for sale on Redbubble, because I want to raise money for financial literacy for kids and mental health.
A million dollars would also mean I can start writing and illustrating children's books and creating a program which uses art, creativity and journal writing to bring victim and bully together.
As you can see I can do many things for others with my million dollars :)
Thank you :)
Jennifer R. Cook
Cats in the Bag design/creator of What my Coffee says to me daily series
We would retire. We are only 5-7 yrs away as it is. With that kind of money, we wouldn't have to wait. I'd also insist on donating to several excellent causes.
160 Kmph is a dangerous speed to run at consistently. Just takes one piece of metal to cut up the tyre, like the Concorde's death knell in Paris. You should also have been checking the pressures every week. High-speed driving usually requires more air.
I would buy a house and stop paying rent! I'd also pay all of my other bills and then set aside an emergency fund. And then I'd go on vacation! I'm working as much as possible and learning new skills to get better jobs to make it happen.
My hubby and I have talked about this -- hypothetically speaking, we would first hire an attorney, take a month long vacation with the attorney handling all the calls asking for money, give away $100,000 to charities that mean something to us, set aside $100,000 each in trust for our children, put $400,000 away for taxes, then put $250,000 away for retirement. The remaining $50,000 will be the fund for that attorney for the month and the month-long vacation! :)
So many things with a million. Obviously save so that when I'mold enough I can retire. Pay off all debit. Really get serious about other career options and living out a dream.
If I had a million dollars, I'd start by paying off all of my student loans and consumer debt. Then I would decide what I really want out of life and pursue it.
Maybe it's desirable to take out the mortgage in one name, but when we applied and tried to do this last year because my spouse's credit is so bad, all the lenders we spoke to refused to even consider allowing us to take the loan in only one name. The reason, they said, was that if the borrower should default or be unable to pay the loan, they needed the right to come after the other spouse for payment.
I'm taking classes at a Tech college to earn a certificate. If I had a million dollars, I'd go on to earn a Bachelor's degree, at least. I'd probably start my own small business and buy a home. The rest of the money would be invested, of course.
Be sure you can afford the expenses
A slight tangent from this article but it is helpful for finding low prices. Amazon's prices are very dynamic with changes daily or even hourly for some items. I keep my shopping cart empty but my "saved for later" full. Everyday, if you check your shopping cart, it will tell you if something has gone up or down since you last checked in both the shopping cart and the "saved for later" lists. Sometimes, there will be a great price drop and I move it to my shopping cart. It can last for a few days or a few hours. An annoyance with this is that for some items, the price will change a few cents everyday so that every time I check, it tells me that item on my list has a had a change in price. In effect, it brings it to my attention every time. Regardless, I frequently find better deals than I would normally by just doing a daily check of my shopping cart.
I would set up a charity to financially help those families who lost a child due to gun violence.
I've taught a beginning sewing class for years now and I've seen students walk in with all kinds of different machines, including the models on your list. What bothers me about these machines is that they are throwaways. Initially they are not expensive but when repair is needed, the owner learns that the cost of repair is greater than what they paid for the machine. My recommendations are to buy the best quality machine you can afford and to try some machines out before you buy. A good quality machine will be easier to sew with and you will congratulate yourself on your good sense every time you use it. You don't need hundreds of stitches; most of us who have lots of stitches never use them. For sewing, you need a good straight stitch and a zigzag stitch and an automatic buttonhole would also be great. Even if you decide that the machines sold by dealers are too expensive for you, go and try out the machines there. You will learn what is out there in terms of features and what you want to see in your machine. The only thing I would watch out for with the dealers is that they really push embroidery machines and those things are crazy expensive. If you're easily swayed by salespeople, leave the checkbook and plastic at home while you take that first look.
I'd simplify my life as much as possible, then figure out how to best increase the remainder.
I would help my Family They need the help and I would get a nice house sick of living in a trailer.
Great tips - especially the "resume builder". You never know when you're going to have to go back to work (another recession, divorce, etc.) so its always good to be prepared.
I would tithe off the top to my church/charities, buy a house for my family, take a year off of work to get my MBA, then use the remainder of the million to go into business for myself.
I'd invest half of it into p2p loans and I'd use the other half to invest into my business, buy a house and take a couple great vacations with my wife.
I would keep working, but use the extra money to pay off all my debts (student loans, car, etc.) and invest the remaining in the market. I would slowly do my best to live off the returns, and work to build it up.
If I won a million dollars, I would continue to create 'What my Coffee says to me' daily illustrated series, because it makes me smile and it spread happiness and joy throughout social media.
Each day I love to create a new coffee inspired illustration and, I do them for fun and they are free :) I post some of my illustrations for sale on Redbubble, because I want to raise money for financial literacy for kids and mental health.
A million dollars would also mean I can start writing and illustrating children's books and creating a program which uses art, creativity and journal writing to bring victim and bully together.
As you can see I can do many things for others with my million dollars :)
Thank you :)
Jennifer R. Cook
Cats in the Bag design/creator of What my Coffee says to me daily series
Buy a 250k home and keep the rest in high interest savings. Retire.
We would retire. We are only 5-7 yrs away as it is. With that kind of money, we wouldn't have to wait. I'd also insist on donating to several excellent causes.
Remodel, or buy a new house; and an exotic vacation.
160 Kmph is a dangerous speed to run at consistently. Just takes one piece of metal to cut up the tyre, like the Concorde's death knell in Paris. You should also have been checking the pressures every week. High-speed driving usually requires more air.
Karmin makes the best in my opinion.
I would buy a house and stop paying rent! I'd also pay all of my other bills and then set aside an emergency fund. And then I'd go on vacation! I'm working as much as possible and learning new skills to get better jobs to make it happen.
I would remodel my house, and take an exotic trip if I won 1,000,000 dollars!
My hubby and I have talked about this -- hypothetically speaking, we would first hire an attorney, take a month long vacation with the attorney handling all the calls asking for money, give away $100,000 to charities that mean something to us, set aside $100,000 each in trust for our children, put $400,000 away for taxes, then put $250,000 away for retirement. The remaining $50,000 will be the fund for that attorney for the month and the month-long vacation! :)
So many things with a million. Obviously save so that when I'mold enough I can retire. Pay off all debit. Really get serious about other career options and living out a dream.
Make another million, of course!
If I had a million dollars, I'd start by paying off all of my student loans and consumer debt. Then I would decide what I really want out of life and pursue it.
Maybe it's desirable to take out the mortgage in one name, but when we applied and tried to do this last year because my spouse's credit is so bad, all the lenders we spoke to refused to even consider allowing us to take the loan in only one name. The reason, they said, was that if the borrower should default or be unable to pay the loan, they needed the right to come after the other spouse for payment.
I'd invest every last cent and use the income (dividends, bond interest, perhaps rental income) on living the good life.
The newfound million plus what I have now = instant retirement.