Who wants to be a multi-thousandaire?

Anonymous — Tue, 17 Feb 2009 08:47:35 -0800

My father died and we have to sell his house. I'm going to be inheriting $200,000+. Realistically, what would you do in that situation? I'm a 40-something female who has spent time actively changing her relationship with money this year (had to since I knew this was coming -- don't want to look back and have regrets). I'm starting to interview financial advisors right now (this book says to look for fee-based CFPs, any thoughts on that?). My basic goal right now is this... pay off all of my debts first, allocate 10% to create a better life for myself and the rest to build a solid retirement savings and hopefully live off of interest someday if the market ever decides to turn around. For the next fifteen years or so I plan to continue living off of my own income but I'm hoping that now I'll be able to allow myself more freedom to focus on projects I'm passionate about instead of freaking out about paying bills and being forced to accept work I don't enjoy.

I'm making lists of all of the ways I could utilize this money to create a life that will bring out my best self over the long term. I want to use this money towards things that will allow me to be a happier, better person and friend. I'm thinking up things ranging from the most mundane little things to the most fantastical (just 'cuz they're on the list doesn't mean I'm going to do them but I'm brainstorming), including things like getting my teeth totally fixed, traveling more, having a housekeeper once a month, surprising one of my best friends by flying across the country to help her pack when she moves, recording my music, doing volunteer work overseas, paying my nieces' night school tuition, finally decorating my apartment the way I want, taking a bunch of fun classes in things I'm really interested in, expanding my businesses, getting spa treatments once a month, hiring a personal trainer to help me get into shape quicker, etc.

If you were in my shoes, what would you do? I'm basically trying to see if there's anything I haven't thought of that I can put on the list so that my head is completely empty of any thoughts about this money long before I actually have the cash anywhere near me. When this money actually arrives, I want there to be no adrenaline rushing through my brain, by then I want to have already sorted through every crazy idea and have formulated a solid, unemotional game plan that I don't have to stress out about or second guess.

Hellllpppppp! :)

Creative summer & side jobs

koenie — Sun, 22 May 2005 19:48:30 -0800

Summer is coming. I'm a student. I'd like to earn me some dosh in as pleasant a way as possible. Additionally, since I'm already sitting behind a darn desk for the whole friggin' year, I think it's time for a change. No coding. No system administration. No data entry. No QA. I think you catch my drift. One possible option I've been considering is that of becoming a lifeguard. Training only takes a month. Sun. Water. Money. It can hardly get any better in my humble opinion. Do you have any additional suggestions? By the way, don't limit yourself to summer jobs.

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Who wants to be a multi-thousandaire?

Creative summer & side jobs