You've won £1m - what do you do?
Discussion
I'm mortgage free as of December last year, so I'd
Jack work in
Re-do the Bathroom and Ensuite (myself)
Lay new patio (myself)
Get a new car to value of £20-£25K
Buy the missus a new car, max £10k
Buy a property to renovate at my leasure
Gym 5 days a week
Cycle at least 3 times a week
I've got a mate who's semi retired so I'd hang around at his 'helping' to fix his racing car (not that he'd been keen to have me hanging about!)
The wife might have other ideas of the above?!
Jack work in
Re-do the Bathroom and Ensuite (myself)
Lay new patio (myself)
Get a new car to value of £20-£25K
Buy the missus a new car, max £10k
Buy a property to renovate at my leasure
Gym 5 days a week
Cycle at least 3 times a week
I've got a mate who's semi retired so I'd hang around at his 'helping' to fix his racing car (not that he'd been keen to have me hanging about!)
The wife might have other ideas of the above?!
I'd buy the house I want outright (probably something around £600-700k around here) and invest the rest for the future. I would be in work as usual, I don't even think I'd change the car as I'm very happy with what I have for the time being. Other than being mortgage-free and with a nicer property, nothing else would really change.
Assuming the mortgage has gone I'd probably retire, but assuming I didn't I would work as hard as I do, I'd probably take a lesser job and have an easy life as I don't think I'm ready to jack in completely.
I'd love to chuck some money on a new car and bike, buy the wife her dream car, if I did that I reckon I'd have spent £500K already. Probably build a new garage with a few rooms above and the rest would either invest in property and have a bit for some amazing holidays.
I'd love to chuck some money on a new car and bike, buy the wife her dream car, if I did that I reckon I'd have spent £500K already. Probably build a new garage with a few rooms above and the rest would either invest in property and have a bit for some amazing holidays.
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