Someone asked me recently:
What would you do if you had $100k?
My first thought was well, what did I do to earn that money?, but it might not be yours. If the above feels like a little to you, adjust it accordingly to the standards of the country that you live in. But in Romania, that's a lot of money. It would amount to roughly eight or nine years' salary, or about that. So quite a bit of money.
Now, the rules are as follows:
- You have no outstanding debt;
- Your bills, and other matters are accounted for (or up to date);
- Ideally, you should try to avoid answers such as "groceries", as this is an exercise of imagination, but also of financial interest.
What would you do if you woke up with $100k, and could spend them whichever way you liked? My own answer was I'd probably buy an apartment somewhere in the city, and invest the little I had left. I think real estate is a very valuable asset, and undeniably a lifeline when things get tough. And I think crypto (which was my main investment of choice) also has quite a bit of potential, too.
But what about you? What would you spend your hundred on? Remember that this money is interest-free, and that the circumstances are ideal. You've no financial obligations to tie you down whatsoever. So, what would you do? Would you invest the cash? In what?
Would you throw wild, Gatsby parties?
Would you spend it on expensive apparel, and equipment?
What's more, what would be your main goal with your money? Have a little fun, or build towards the future?
Personally, I was surprised. Two years ago, I would've said travel, beyond the shadow of a doubt. But perhaps recent circumstances have changed my perspective. Have they changed yours?