What Will You Do When You Make Your First Million Dollars? Here's My Strangely Responsible Daydream...

Make a Million Dollars?  Yes YOU CAN!
Make a Million Dollars? Yes YOU CAN! | Source

Have you ever thought about what you might do if you had a million dollars? Ha! Are you a living breathing human being?? Then OF COURSE you have. I would be willing to bet an even larger sum on the fact that every single one of us has had the same daydream...

What would it be like if I won the lottery? Would I share it? What kind of car would I buy? How would I quit my job--would I waltz in and tell everyone to shove it?? Or would I just stop showing up and see how long it took for them to fire me?

The world of new possibilities this idea opens up boggles the mind.

However, we are hopefully all aware that the chances of actually hitting the jackpot are, to put it lightly, abysmally slim. But there is good news for those of us who have the sense to know that with drive and determination, it is possible to make that kind of money--by taking a good idea, implementing a plan of action, and getting to work!

People just like you and me do it every day! I really feel that success through positive thinking is possible, and the first step to achieving that success is to believe, deep down in your heart, that you can do it!

Disclaimer

Now, I should note that I do NOT have a million dollars (yet). In fact, I am sadly very very far from it, which means that I don't have actual tangible information to give to you about how I made my first million and how I can help YOU make your first million...yet. But I will promise you this; when I DO reach that goal, I will come back with all that information and write a Hub entitled Making Your First $ 1 Million: It's Not That Hard! Here, I'll Show You... ( <---at which point this will become a hyperlink to my extremely informative hub and you can all join me in the Million Dollar Club for very expensive drinks soon thereafter).

Another important distinction

between winning a large amount of money and making a large amount of money. After I say it, it's going to seem really obvious, but it's quite likely that you've never really thought about it this way before.

Well, we know the chances of winning the lottery are not as good as we'd like, but there sure are some lucky people out there who've managed to hit the jackpot! But it's always funny to me, and quite ironic, that these are the people who somehow go through all that money and at the end of the first year, have nothing left. So....then what? You think they're gonna be that lucky twice and score another winning ticket? I don't think so.

People who make their money are more likely to be responsible with it, I think, because they know how hard they worked to get it. Plus, in this scenario it's not likely that it happened overnight as a random and extremely serendipitous event, but was likely the result of months or even years of research, planning, and slow progress. But even if they're NOT more responsible with their spending, here's the big difference--they KNOW how they did it once, and they know they can do it again!

To me, one of the greatest inspirations is the knowledge that the chances of making a million dollars is actually infinitely better than the odds of some balls popping out of a machine with numbers matching all the numbers I picked! I'm sorry--it's crazy...but it's true!!

What Inspires Me

I am truly inspired by this fact. If I set myself a goal of making a million dollars, no matter how hard I have to work and how many obstacles I reach along the way, if in the end I do achieve that goal, I will be that much better equipped to make another million dollars!!!

I also find great inspiration in picturing myself in that place in the future, where I can look back and say I did it! I set myself a huge goal, an despite all the people laughing at me, shaking their heads and smirking...I said I was going to make it happen and I DID. (And who's laughing now??)

Of course, the obvious things are inspiring too. Not having to work for someone else (unless I want to...wait, what?? No, that's crazy), not having to worry about certain financial issues like, if my car that's paid off breaks down, can I afford to add a car payment on top of all my other expenses?

The thought of being financially independent is extremely appealing. I know for a FACT that my current job will never pay me what I'm worth. They have no concern for my financial future, and I certainly don't like having to depend on their whims to determine my level of comfort. And, if I'm just cutting into their profit margins, that's a terribly unstable position for me to be in. I don't like it one bit. I am the only one I trust when it comes to protecting my future.


First, Some Things I Certainly Will NOT Do With my First Million Dollars

I will not sign up for additional credit cards. Extending my credit will not help me stay wealthy.

I won't buy a fancy car or a giant house. I vow to continue to live within my means. That is to say, if I have a million dollars, I won't go out and buy or get a mortgage on a million dollar house. Although, a car is not an investment, and property is, so a slight upgrade in size and quality from my current home would still be appropriate.

I won't spend it on meaningless things. I don't want to be one of those people who buys expensive things to show everyone how rich they are. My purpose for desiring wealth is to provide a stable foundation for my future, not to impress others with things that glitter.

Wealthy people stay wealthy by spending less than they make. Simple, huh?


What is the Plan, Then?

This may not be the typical shopping spree that you're used hearing...but clearly- as you may have noticed- I'm not your typical girl!

The very first thing I'm going to do when I hit that coveted $1 million dollar mark is divide it up. 65% is staying in my savings account, which by that time, I'm really hoping will have a much better interest rate than my current sickly 1% APR. (yuck).

$250,000 will be split between family members. To me, there is no greater feeling than to be able to help others. My daydream always includes how great it will be when I can help my parents and sister pay off their houses, and help my other sister and brother to buy their first homes!

Another chunk is dedicated to charities. To me, this is a no-brainer. There are just too many people out there that need help for many different things for many different reasons. And if I'm not part of the solution, then I'm part of the problem. It makes me sick to think of all the people out there who flaunt their wealth with material excess and to know that not nearly enough of them give anything back to help those who can't even feed or clothe their families.

Meanwhile...I will be in the process of working on my next benchmark-- five million dollars-- so that I can do all of these things all over again on a larger scale!

from Winnie the Pooh by A. A. Milne
from Winnie the Pooh by A. A. Milne

Today is the first day of the rest of my life.

The possibilities are endless, but the sooner I get started, the sooner I can reach my potential.

So, what are YOU gonna do??

Promise me you'll always remember: You're braver than you believe, and stronger than you seem, and smarter than you think," said Christopher Robin to Pooh


Thanks for reading! I hope you found this informative, inspirational, and perhaps slightly amusing.You may also enjoy my recently published hub, Success Through Positive Thinking: How to Achieve Your Goals by Overcoming Negativity.

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Comments 5 comments

Deborah-Diane profile image

Deborah-Diane 5 years ago from Orange County, California

There are actually people out there who would agree with you. I recently heard about lottery winners who make it a point to put a little aside for their own financial security, and give the rest away as soon as possible. It sounds like a wonderful idea to me!


Average American profile image

Average American 5 years ago from Las Vegas, Nevada

My wife and I have talked about this many times. I finally got her to agree that for the first 90 days we would do nothing. We would put the money in a 90 day CD and go to work. Over that 90 days we would talk, pray and plan about what to do with the money with three things in mind

1. secure our financial future (depending on just how much we got this might also be the last thing we do...lol)

2. Decide how much we can donate to family charities (pay off mortgages of family members or make a one time gift to fill an individual need. This would include college for our 4 grand-kids and our two daughters or help them with a sizable down payment on a home of their own.

3. Decide to what outside charities or organization we can gift an annuity or create a foundation that will self fund through the interest for the long term.

In all honesty, number one would probably be deciding what kind of business we really want to create that can both do some good and make us secure monetarily.

Hope this doesn't make me sound shallow..lol


jezebellamina profile image

jezebellamina 5 years ago from Dallas, TX Author

It's not shallow at all, Average American! We have to look out for ourselves first, so that we can be in a better position to help others-- Like the way they tell you on a plane, in case of emergency, adults should put their own oxygen masks on before helping children.

I like the 90 day plan, especially the CD. It is a no-brainer as far as I'm concerned, to put a good portion to 'work' for you, and let it accrue interest. Compound interest is a magical phenomenon!


Cogerson profile image

Cogerson 5 years ago from Virginia

Great hub....I did in fact find the hub informative, inspirational, and amusing. I love your plan...it is what I would do.....helping my family gain some security is something that can not be beat.....it is something my parents have helped me with and something we try to do for our kids. I really enjoyed this hub.....keep up the great work.


epigramman profile image

epigramman 4 years ago

...I would say your hub presentation here is worth far more than $1 million because your advice, expertise and writing is priceless, inspirational and enlightening - lake erie time ontario canada 9:39pm and sending you warm wishes and good energy from a man who has not made one single penny here at Hub in over 2 years so paying attention to a hub subject like this one is perhaps a wise investment for someone like me ..

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