ladysprite: (Default)
[personal profile] ladysprite
I always used to think that a million dollars was a lot of money. It still sounds like a lot, if you don't think about it, especially if you grew up with food stamps and free school lunches as a fact of life. I'm used to living on a rather severe budget; I could make that much money last for the rest of my life. Right?

But there's a meme going around right now - how would you spend a million dollars? Before taxes, so figure $500,000 after taxes. And everyone else can stretch it so far. So I thought, really thought, about how I would spend it. Let's see:

Pay off my student loans - $100,000.
Pay off husband's student loans - $100,000.
Buy car for husband - $15,000

Which leaves us with $285,000.

Which might buy us a house, if we're not too picky, and are willing to take something either in a rotten neighborhood or that has serious fixer-upper quality.

After that, we might be able to get lunch. At Wendy's, if we use the dollar menu.

Stupid higher education. Stupid me, not being able to stretch my funds longer than that. Stupid profession, not making enough for me to both go to a movie and pay the T fare there and back.

Stupid meme, leaving me all depressed and grumpy.

Re: There are no more Millionaires.

Date: 2004-11-23 05:59 pm (UTC)
From: [identity profile] ladysprite.livejournal.com
As for the student loans.. yowie! Its a good thing you have 10 years to pay them off at fairly low interest.

Ten? Try 30. I couldn't pay this off in ten years and still have enough money to stay alive and intact. I'll be paying this off when my sister's unborn children are in college, unless something drastic happens.

As for moving? Never. Not an option. I love it here, I belong here. It's worth the cost of living to me - living somewhere else might be cheaper, but it wouldn't be enjoyable. I'd rather be broke but at least happy with my surroundings than have money and spend all my time missing home.

Re: There are no more Millionaires.

Date: 2004-11-23 06:35 pm (UTC)
From: [identity profile] whiffert.livejournal.com
Ten? Try 30. I couldn't pay this off in ten years and still have enough money to stay alive and intact. I'll be paying this off when my sister's unborn children are in college, unless something drastic happens.

Zounds!

Let me know when you burn the mortgage on your mind. I'll bring the champagne.

Profile

ladysprite: (Default)
ladysprite

April 2022

S M T W T F S
     12
3456789
10111213141516
17181920212223
242526272829 30

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated May. 24th, 2025 04:24 am
Powered by Dreamwidth Studios