What should you do with that money?
For many of us who haven't always been well off, suddenly coming into a large sum of money can be both very exciting, but also very headache-inducing. For starters, you're stuck between either giving into your consumeristic tendencies and buying everything that you've coveted for age, or thinking about the future and doing the "smart" thing with your money. In the grand scheme of things, it doesn't really matter what you do with that money. What's considered the "smart" thing differs from person to person - for some people, the best thing that they could do right now is indulge and treat themselves. I know I could really use a million dollars right now.
Sure, thinking about the long-term and investing it in property or whatever is a smart decision. You'll be set for life. You won't have to work when you're older. You'll be able to buy 10x as much as what you would've bought if you hadn't invested it. You could pay off your student loans instantly. These are all good decisions. But are they right for you in this particular moment? Sometimes, thinking about the future isn't really the best thing for you right now. It sounds counter-intuitive, I know. But for many, especially those who aren't exactly in the better part of their lives right now, that money could really change their lives around. Taking some wisdom from Donna and Tom in Parks and Recreation, sometimes you just need to "treat yo self".
- Anthony
No comments:
Post a Comment