Have you heard about the current Powerball Jackpot? It’s pretty high, at an estimated $425 million for this Wednesday’s drawing.
“I Wanna Be Rich” by Calloway and “If I Had a Million Dollars” by the Barenaked Ladies are just two examples of songs that encourage us to dream, and dream big…or small in the case of the Barenaked Ladies.
So…what would you do if you won? Let’s not even talk about amounts, but what would you do if you suddenly had a large sum of extra money coming your way?
The first thing I would do is wait. That’s right. I’d wait. All right, maybe I’d splurge with my family by going out for a celebratory dinner, but that’s it. And I wouldn’t spend a dime of the winnings for at least a month. We’re doing okay financially. (No, that’s not true. We’re really not, but that’s beside the point. We could afford to sink a little further while we take some time to think and plan.)
First I’d repay the people I owe.
Then I’d pay off our financial debts such as credit cards and financial aid.
And then…I’d insist that we wait some more. There are people I’d love to help, places I’d love to go, things I’d like to do…but more important that all of that is my dream of no longer needing to worry about money so that I can focus on what’s really important to me: time with family and friends and time to write.
Would you keep your day job? I would, for now. Would you buy a new car? I wouldn’t, but I would repair the one I have. Would you move? I wouldn’t right away and then not to a place much bigger or more extravagant than where I live right now.
Now that you know what I would do, what would you do?