Monday, January 26, 2009

let's pretend you won the lottery

..or something where you came into literally hundredS of thousands of dollars. i was totally daydreaming about this last night. my first thought was that i would pay off this ridiculous mortgage of ours.

and just that thought alone- having NO mortgage on our home, was enough of a freaking godsend to send me into a daydreaming tizzy of giddiness. and then that branched off to all sorts of thoughts.. "oh my gosh, no mortgage? could you imagine??! if we only needed to live every month?? and then all of the money we make in our paychecks would actually be ours to play with!!! or save!!! or actually do things to the house with!!! or buy useless shit with!"

it's really exciting when you think about it. at least it is to me. the idea of actually having your paycheck's money to do things with, instead of putting it all towards a house you can't afford to remodel.

well then i started thinking about work. and of course my natural reaction was that i would continue to work. as long as i was happy, and enjoying what i was doing, why would i stop? plus, could you imagine if i had to stay home all day, everyday? i think i have trouble with my weight now. good lord, i can only imagine the things i'd eat througout the day if i was home.

but then i started thinking that i could sit here all day and say that i would continue to work, or volunteer, or do all sorts of things, but i don't TRULY know what i would do unless i was put in that situation. none of us do. we think we know, but really... do we? you may think you'd do one thing, but when it really hits- you find that you want to do the exact opposite.

do you think you'd continue to work if you didn't have to? what would you buy or do with all the money? let's fantasize today!

15 comments:

Joe said...

Paying off the mortgage would be the first thing on my list as well...and then all of my other debt. And then? I'd be happy.

Scientific Lutheran said...

I've said for sometime now that I don't need a million dollars to be happy. If I just had $100,000, I would be completely happy. I could pay off the house, buy a new car, and save the rest. I would do perfectly fine with the paycheck I make, I'd be able to save for a nice vacation, buy some new furniture, just enjoy a reasonable life. I'd work, but I really like my job most of the time. However, I would take a week or two of vacation!

Ali said...

i'd move to Atlanta.
:)

Issas Crazy World said...

We've had this conversation way more times than we probably should have.

Today though, I'd buy a house in Maui and every time it snowed, I'd go there. To my house on the beach. Besides that, we'd take a year and travel. We'd homeschool the girls for one year and travel. All over Europe for starters, but where ever we could think of. The rest I'd save for a rainy day and for the kids to go to college.

Legs said...

Simple enough; buy a huge house in the hills, a pink hybrid convertible vehicle, and SHOES. And of course do things such as pay myself and my family out of debt, and charity, but other than that, an INSANE shopping spree would ensue. Good times had by all! hahah <3

Alison said...

Paying off the mortgage sounds good. :) If there was enough money to live off of for the rest of my life, I'd quit teaching. Oh yes I would.

Heinous said...

I'd switch to freelance writing instead of the job that I have now. I do like my job, but writing is my dream job. Other than that, I'd pay off all the bills. I doubt I'd even buy anything new.

Don Mills Diva said...

I love my job but I'd still quit.

I'd just keep going to school - learn cooking, brush up on my French, learn to fly a helicopter - and travelling - BLISS!

Chris O said...

So are you hoping to win the lottery to fund that HGTV house contest you entered to win about a hundred times?

I was just dreaming about the lottery the other day myself. Boring stuff like paying bills and creating a nest egg (as my current nest egg has flown the coop). But I do think about downsizing the house in a couple of years when the last kid is away at college. My wish list is huge and the equity in our current place would never cover all the upgrades I'd like. The stainless steel appliances, the jetted tub, the naked house boy. It's all a dream.

SUEB0B said...

Hell no, I would not work. I am the laziest bitch on earth. I would get a stack of books, a stack of cookies and a cellar full of red wine. Then lay around reading for a while before I took off on some travel adventures.

Ericka said...

huh. this was actually an interview question once.

i'd pay off bills (duh...), travel a lot, but i'd still work or i'd make myself nuts. i'm not happy with the way that corporate america is running our businesses. if i had an endless cash stream, i'd proably start taking them over and running them in the best interests of the employees and the country instead of balls to the wall for corporate greed.

*ahem* /rant.

sorry 'bout that.

Kristabella said...

I would BUY a house that I loved and not just one that I could afford. And I would travel a lot.

I'd probably still work too, but not at my current job. I'd go be an usher at Wrigley Field or something.

dahoov2 said...

How much? If a million, after taxes, maybe 600k left. I'd put 500k in my retirement and pay off the insurmountable student loans we have on my son, and our small balance on our home. That'll leave enough money for a fancy dinner maybe.

If 10 million, you'd get about half after all taxes. I'd put a million in retirement, spend a million on a house/furnishing it, give a million to charity, give a million to family, so that leaves one million. I'd pay off the house and student loans (900k left), and the rest would go to helping my mother in a nursing home (getting her a private one) and helping my kids with their medical and dental needs, as well as buying long term care insurance for my husband and myself; that might leave a couple hundred thousand left, which I'd use for 2 cheap new cars, travelling and just enjoying some of life for a change (maybe get a tummy tuck!).

dahoov2 said...

How much? If a million, after taxes, maybe 600k left. I'd put 500k in my retirement and pay off the insurmountable student loans we have on my son, and our small balance on our home. That'll leave enough money for a fancy dinner maybe.

If 10 million, you'd get about half after all taxes. I'd put a million in retirement, spend a million on a house/furnishing it, give a million to charity, give a million to family, so that leaves one million. I'd pay off the house and student loans (900k left), and the rest would go to helping my mother in a nursing home (getting her a private one) and helping my kids with their medical and dental needs, as well as buying long term care insurance for my husband and myself; that might leave a couple hundred thousand left, which I'd use for travelling and just enjoying some of life for a change (maybe get a tummy tuck!).

Andie said...

I would travel around the world and photograph anything and everything.