If you won £1,000,000 Friday
Discussion
Pork said:
I remember talking about this with my brother and he related a story of a mate of a mate who won the Lotto (millions, but not tens of millions) and he'd apparently said how remarkable it was just how little money you need each month when your house and cars are all paid for.
But taxing, insuring and servicing my F430 and DB9 will be quite expensive each year............Jasandjules said:
Pork said:
I remember talking about this with my brother and he related a story of a mate of a mate who won the Lotto (millions, but not tens of millions) and he'd apparently said how remarkable it was just how little money you need each month when your house and cars are all paid for.
But taxing, insuring and servicing my F430 and DB9 will be quite expensive each year............Finding £5k + finance/purchase price after haivng to pay a mortgage etc is (IMO).
Trommel said:
WorAl said:
Think about it, £20k per year without a mortgage, loans or basically any outgoings, well very few, how far would that money go? I think you'd pretty much class yourself as retired. NICE.
You must be mental if you think that would provide anything remotely approaching a decent living, even for a single, dependent-free hermit.I would buy an industrial unit to store cars that I really like, which I also thought were going to go up in value! Something I am doing anyway, but this would speed things up!
I would move.. but I've already decided I don't need a bigger house than I have already, but I would help my sons on the property ladder!
I would move.. but I've already decided I don't need a bigger house than I have already, but I would help my sons on the property ladder!
k. My raffle code thing wasn't far off the winner. Best stop doing the moonwalk on my boss' table.louiebaby said:
£1,000,000 isn't enough to retire on and live off the interest.
It is enough to set you up in a nice family house, and let you do a job you enjoy to keep things ticking over. For this reason I would prefer to see 45 people get £1m than 1 person get £45m in the big roll-overs and so on.
It is also what I'd do. A nice house with a wee bit of land, couple of fresh cars, and then carry on life with a little more financial security than I have now. Sounds good to me.
What planet are you living on?It is enough to set you up in a nice family house, and let you do a job you enjoy to keep things ticking over. For this reason I would prefer to see 45 people get £1m than 1 person get £45m in the big roll-overs and so on.
It is also what I'd do. A nice house with a wee bit of land, couple of fresh cars, and then carry on life with a little more financial security than I have now. Sounds good to me.
You come here and say a mill aint enough?
FFS.
£200,000 and I would throw my tools in the dock
vette
uk_vette said:
louiebaby said:
£1,000,000 isn't enough to retire on and live off the interest.
It is enough to set you up in a nice family house, and let you do a job you enjoy to keep things ticking over. For this reason I would prefer to see 45 people get £1m than 1 person get £45m in the big roll-overs and so on.
It is also what I'd do. A nice house with a wee bit of land, couple of fresh cars, and then carry on life with a little more financial security than I have now. Sounds good to me.
What planet are you living on?It is enough to set you up in a nice family house, and let you do a job you enjoy to keep things ticking over. For this reason I would prefer to see 45 people get £1m than 1 person get £45m in the big roll-overs and so on.
It is also what I'd do. A nice house with a wee bit of land, couple of fresh cars, and then carry on life with a little more financial security than I have now. Sounds good to me.
You come here and say a mill aint enough?
FFS.
£200,000 and I would throw my tools in the dock
vette
Pommygranite said:
You're 24 yrs old - living it large at the moment?
Not really, but the crux of my argument is as I've said, I'd rather be on a better paid job and have the million to use freely, than jack in working and have to budget it for the rest of my life, even including interest accrued. I'm not gonna transform into a property magnate or company director with the sudden addition of £1 million, and like has been said that could be a quick way to lose £1 million, so working a higher paid job for less number of years, is a viable option I would see. All these people talking about using £20k p.a. for the rest of their lives etc. just wouldn't appeal to me, don't see how it's hard to comprehend. An example would be I would want to get a new motorbike if I had won, which I would get; maybe two, if I'd get the one I want, that'll be £7k just for insurance as I checked the other day because I fancied a change (that dream was shot down in flames when I saw the insurance quotes coming back though, lol), so that'll eat up this £20k p.a. figure pretty easily, I could spend £20k alone just buying the camera equipment I would like, that's why you'd have to compromise. That's why still earning a wage, ontop of any accrued interest on money you haven't spent yet would be a better idea for me.Gassing Station | The Lounge | Top of Page | What's New | My Stuff