Well, if only I were rich. If I had a million dollars, there are probably several things that I would do. First of all, I would set aside a portion of it to save in the bank, perhaps around 750,00. Then, I would take about 100,000 and put it into an investment firm. This would generate the maximum profit on my part. Should either my bank or investment firm fail me, I would have a backup method of restoring my original funds.
Next, would be the remaining 200,000. These remaining funds would go towards paying off any debts that my family have such as a house loan, car loan, etc. Then I would put at least 100,000 towards an education fund for my children, as I intend to have children. Should there be any money remaining, it would be definitely given away to a non-profit organization, such as the Susan G. Kohmen Foundation.
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