If I Had a Million Dollars: What the Kids Say

So, what if you could ask for a million dollars and someone just gave it to you like this guy:

I asked my kids what they would do with that much money.

7 year old Zee said he would save it until he had 2 million and then he would use it to buy food for his kids. So practical!

13 year old J said that he would buy cows, goats, and some land. . . oh and seeds to plant. Oh and he would get a Wii and some DS games . . . I might be inclined to think that he is telling me what I want to hear, but I know him better than that. I think that he actually WOULD get a farm – probably a full scale vermiculture operation. And a Wii – that is if I would let him.

Well, If someone just gave me a million dollars, I know what I would do. I would donate 10% to the charity of my choice because nothing falls out of the sky like that on its own, and then I would probably find a nice big piece of land – maybe 10 to 20 acres – with a 6 or 7 bedroom, 3 or 4 bath house, budget max of $350,000. Cash should provide a big enough incentive for the seller 😉 If there wasn’t already an art studio and a commercial kitchen, I would have one installed, I would do a lot of the work myself and get it done for under $50,000 maybe less if I could get used equipment. I drool over Hobart mixers and Harsch crocks . . . I would install an actual brick oven and buy cast iron and stainless steel cookware with an amazing set of knives.  I would put $50,000 away for each of the kids for a college fund, and I would put $100,000 in a Roth IRA for retirement. (I still have a few years to grow that before I need it) and I would invest another 100,000 in starting a business – either a bakery or contract IT services, or maybe both. Then I might use some cash and buy newer full size 4 wheel drive pickup truck with a quad cab – not new, and a nicer minivan, I would install a sustainable energy source for my home, and buy some animals (for family food production, not full scale farming), and build up my garden, a small greenhouse, and a root cellar. I figure that would leave me a decent sized emergency fund, which I would stow away in a money market account with a decent interest rate.

So, anyone wanna give me a million dollars? Pretty please?