Thursday, November 5, 2009

What would you do?

I am a member of Dave Ramsey's Total Money Makeover website. On one of the forums the question, "what would you do with x amount of money?" is ask often. This question has gone through all of our minds many times, even when we do not realize.
I believe money is one thing people are around the most that they have the least amount of knowledge about. Think about it this way...The average income in the US today is between 45-50k. After 5 years the average family has over $200,000 come through their hands. Even with that amount of dough coming through our tightly bound checking accounts we still have a LARGE level of ignorance when it comes to money.
I do not say these things to irritate you however to bring awareness of what is truly happening. I understand not everyone makes $50k a year but the point remains the same. So here is my question. If someone came up and gave you $200,000 what would you do with the money?
I write this claiming to have a good idea of finances (I better!) However, I must admit this is a question that puzzles me often. Think it over. Think of the things that can be done with that much $. You could buy a home, buy a car, invest, give it away, anything you want. What would you do?

Thanks,

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