Buy a flat - in London, so that's half of it gone already!
Give myself a couple of years off work to focus seriously on writing and creative work (which I do anyway but time is a real issue with a full-time job) and deciding what else to do with my life in terms of generating income. And then doing it. As someone else said, this stuff can be done anyway, sort of, but it'd be nice to have the safety net to avoid ending up in cardboard box somewhere under a bridge because of taking a risk...
Pay off mortgage and do the house up, probs about £100k
Give away about £400k
Invest about £350k
The remainder I'd buy a souped up Campervan and keep driving til the money ran out
Build a house on the west coast of Scotland
Buy a range rover evoque
Take my brother sister and dad too London for 5 nights
Take my dad to New York
Open a cafe
In this order :
Pay off all debts
Give my parents a large sum
Buy my dream car ( a mini)
Buy a house away from this town ,out in the sticks. Live in isolation for while writing my best seller.
Get laser eye surgery and new teeth.
I'd build myself a nice house with top of the range materials and services etc. so I'd only ever have small bills to pay, no mortgage or boiler replacements. That would really solve most of life's worries, and I could work for pleasure. There'd be a granny annex for my mum (she'd love it) and I'd give my brother money for a house, or at least a deposit.
Buy a little house away from where i am now, somewhere closer to the sea probably. Set up a high interest savings account for my little nephew, who i adore, so he has a decent head start in life when he grows up.
Pay off my mums debts, buy a nice car, donate some to the local animal rescue centre near me. Should leave me with a nice chunk of cash to save, build on!
People say money doesn't make you happy, well that's a myth, £1m would change my life so much, just the thought of it makes me happy, so if it ever became a reality i'd been ecstatic i'm sure!
Invest all of it. 1 million doesn't go far these days if you want to buy lots of luxuries for yourself and friends/family.
Isn't it sad but oh so true, none of us could really retire on a million anymore , unless we were maybe near that age already. Invest it and live more comfortably is what we would all have to do.
Pay off mortgage and restore our house to former Victorian glory with all mod cons including excavating the cellar which is huge and turn it into granny flat / gym / games room - 100k
Pay off my student loans, pay off my Mum's debts for her, spend it on a few holidays, do some shopping, share some with my family & friends then live off the rest for as long as I could?
Give some to my parents, put the rest of it in an ISA, finish Uni, find job, and use about a quarter of it to buy a flat or small house, go to New York, keep the rest in an ISA, using it for things I need or desperately covet.
Buy myself a small family home, buy my mum a house and buy a house somewhere cheap to rent out, pay bills and save the rest. I would keep working but not having rent or mortgage to pay would allow me to spend pretty much all my wages as I wish.
Comments
For all your (false) pedantry, you end your post with a typo. Yay. Get over yourself.
m is a perfectly acceptable abbreviation for a million when it comes to money: http://lexicon.ft.com/Search?letter=M
Give myself a couple of years off work to focus seriously on writing and creative work (which I do anyway but time is a real issue with a full-time job) and deciding what else to do with my life in terms of generating income. And then doing it. As someone else said, this stuff can be done anyway, sort of, but it'd be nice to have the safety net to avoid ending up in cardboard box somewhere under a bridge because of taking a risk...
I would invest the rest.
Give away about £400k
Invest about £350k
The remainder I'd buy a souped up Campervan and keep driving til the money ran out
Buy a range rover evoque
Take my brother sister and dad too London for 5 nights
Take my dad to New York
Open a cafe
Pay off all debts
Give my parents a large sum
Buy my dream car ( a mini)
Buy a house away from this town ,out in the sticks. Live in isolation for while writing my best seller.
Get laser eye surgery and new teeth.
Only if I can add an unlimited supply of custard related foods?
Pay off my mums debts, buy a nice car, donate some to the local animal rescue centre near me. Should leave me with a nice chunk of cash to save, build on!
People say money doesn't make you happy, well that's a myth, £1m would change my life so much, just the thought of it makes me happy, so if it ever became a reality i'd been ecstatic i'm sure!
Isn't it sad but oh so true, none of us could really retire on a million anymore , unless we were maybe near that age already. Invest it and live more comfortably is what we would all have to do.
Buy a house in Cyprus - 250k
Pay off mortgage and restore our house to former Victorian glory with all mod cons including excavating the cellar which is huge and turn it into granny flat / gym / games room - 100k
New car each - 50k
Gifts to family - 100k
Donations to favourite charities - 40k
Invest the rest.
It must be true, I saw it on a telly ad.
2) Divide it up into various accounts.
3) Continue living as I am now, without having to worry about finances.
I like that. I fancy I wouldn't even tell my family. Spend nothing, just carry on as normal, but a little bit more smug.