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What would you do with £1 million?

191 replies

Disneyblueeyes · 17/04/2023 21:49

If you were made a millionaire tomorrow, what would you do with the money?

Anyone ever thought about it? 😁

OP posts:
Scalottia · 28/07/2023 19:01

IfYouLikePinaCoIadas · 17/04/2023 22:04

Would you really not rather give a poor family of humans a leg up, than some random dogs? Obviously I know it's yours to spend as you wish, but that really makes me sad that there are families living in abject poverty, who could have their lives absolutely transformed with a better home.

I would rescue and care for animals over humans anyday.

Tumbleweed101 · 28/07/2023 19:06

Save/invest it and think carefully initially!

I'd like to use it to work less and enjoy my life a bit more.

mamaduckbone · 28/07/2023 19:21

Extend the house - 2 storey, bloody nice kitchen and utility, extra bedroom and en-suite upstairs.
Build a cabin in the garden and make it into a den for the teenagers (and us!) with a pool table, fridge, sofa etc.
Book a really nice holiday
Save so the dcs won't be in massive debts when they finish Uni.
I wouldn't move house as we only moved here 2 years ago and I love it, I'd just spend money on making it exactly as we want it.
Cars and clothes don't especially donut for me, but it would be nice to go shopping without looking at the price tags.

Jellycatspyjamas · 28/07/2023 19:27

I’d buy a house in the area I’m looking at just now but could buy the perfect one when it came up for sale without the worry of selling mine first, I could take my time over that. I’d give ex hubby a decent amount so the kids lifestyles were similar across both homes and he could drop his second job.

I’d have about half left over so some into trusts for the kids towards house deposits and a chunk into my pension. I’d drop my day job and be fully self employed instead of the half and half I’m doing just now.

Derrymum123 · 28/07/2023 19:35

Buy a house on a Scottish island. Keep goats and live the (very) simple life.
Maybe a 4x4 for journeys.

FrillyGoatFluff · 28/07/2023 19:43

Put half straight into an investment that pays out on a monthly basis.

Pay off our £300k mortgage.

£100k in pension pot.

£100k I would hugely enjoy spending. Some big holidays, entire new wardrobe, whatever I fancied at that moment!

AffIt · 28/07/2023 20:07

I could buy a very, VERY nice house in the area we're looking ATM for about £600k. Buy and insure a couple of decent 2nd cars for £25k.

Massive holiday for £25k. Split £100k or so between my mother, sibling and niblings. Invest the rest.

OH and I like our jobs and too young to stop working, but it would be nice to negotiate down to a four-day week.

AffIt · 28/07/2023 20:08

2nd hand cars, not 2nd! That's a bit too fancy.

NoodletheSchnoodle · 28/07/2023 20:10

Oh I love threads like this!
If pay off the mortgage but stay where we are now, pay off credit card, put a massive chunk away for pension & some for DS.
Upgrade mine and DHs car for something a bit newer and bit more reliable (But not brand new)
Spend a bit on the garden, a holiday and pay for another round of IVF.
Put a small chunk away for each of my nieces/nephews for when they are older.
A small air B&B type place somewhere nice that can be a family holiday home/income.

That'd be it all gone pretty quick! Funny how quickly you can spend a million Grin

FindingMeno · 28/07/2023 20:12

Housing security for myself and my children, whatever form that takes.
Travel.
I would also have my teeth straightened and whitened.

wayyour · 28/07/2023 20:37

Absolutely not a stealth boast, just saying in my opinion a million isn't a lot of money. If you are in Scotland a million would buy you a lot more I'm sure.
It's just facts.

GrinGrinGrin

Wenfy · 28/07/2023 20:40

I’d put it into high interest accounts and spend the interest.

MissMarplesbag · 28/07/2023 20:42

I would buy a larger house which wouldn't leave me with much change this neck of the woods. I'd also buy a small two up two down near my mum's so we have somewhere to stay during the holidays.

Randomnamehere · 28/07/2023 20:44

Buy a piece of land, build a natural boarding equestrian education and therapy centre, and offer free mentorship and training to kids in care.

MaidOfSteel · 28/07/2023 20:53

I'd buy a bungalow out in the northern countryside, say about £600K, then my husband could retire and we'd be able to live off his pension and the remainder of the cash.

ManchesterLu · 28/07/2023 21:06

I'd finish doing the house up (probably £20k worth of work), fill mine and DP's premium bonds up, pay for my mum to retire (100k), do some work on her house (20k) and use the rest to live off while DP and I work on a business venture. We've been working on it for a while but it'll grow so much quicker if we can put more time into it, and obviously money would give us that.

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