Lets pretend that taxes don't exist and I had a million dollars cash in my hand. I have to ask myself what would I do with a million dollars?
Here are a few things I would do with a million dollars:
- Distribute equal portions to my family members
- Invest some of it in stocks or mutual funds
- Donate some to charity
- Take a nice vacation
- Buy a nice car that I can still afford even if I spent all of the money later on
- Pay off any debts I have
- Pay for all of my college
- Buy a four wheeler or dirt bike. Better yet, buy a dune buggy
- Get a lawyer
- Save the rest
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