What Would You Do With A Million Dollars?

If something unforeseen happened and you suddenly received an unexpected million dollars, what would you do with it?

Several states are offering money, through a random drawing, for people who have received the COVID vaccine. Ohio, for example, has already given away a prize of a million dollars.

Now, a million dollars is not the amount of money it used to be. Still, for the majority of Americans, a million dollars would be a life-changing amount of money. Plus, the fact that it is not a ridiculous amount of money might make it more challenging to think of various possibilities.


Related: Listen to the Intellectual Roundtable podcast where Michael and Lee discuss the question, ‘How much is enough?’ The discussion comes after a bonus question, ‘How much of our thoughts are our own?’


What would you do with that kind of money?

Perhaps you would spend it. One way is to pay off your mortgage, or even buy another house. You could eliminate any student debt. You might go on a lavish vacation. Or buy a fancy car.

You might decide to save the money (or at least some of it). You could invest in the stock market, start a business, or go back to school.

Alternately, you might donate some or all of it. You could help struggling friends or family members. There are any number of worthy causes that could be assisted.

Do you think you would leave your job? You could switch to another, more fulfilling job if you had some financial cushion. You might even take an early retirement, depending how close you are to retirement age.

Ultimately, knowing what you would do with a sudden windfall may just influence how to spend the money that you do have.  What would you do with a million dollars?

Related questions: What is the purpose of money? Time or money? How do you plan for the future?

Who Would Serve On Your Personal Board Of Directors?

Who would you pick for your personal Board of Directors — that is, to advise you on affairs of life? To help guide you through career, romance, fashion, finances, and more?

Share why if you wish.

What Are You Waiting For?

Throughout this entire year, it feels like we have been waiting for something. For the virus to be vanquished. For racial justice tensions to be meaningfully addressed. Or for the presidential election to be completed.

None of those things have been completed; still we wait.


Related: Listen to an episode of the Intellectual Roundtable Podcast, where Lee and Michael discuss this question: ‘What are you waiting for?’ We also discuss another question as well, ‘Are science and religion compatible?’


But in a larger sense, it is easy to wait for something coming juuuust around the corner. Once it happens, life can begin.

Once you graduate from high school, you can get on with your life. A romantic partner would make things complete. That raise at work will make everything worthwhile. After the kids leave the house, we can do all the tings we have wanted to get around to.

Eventually, life marches on, if you are waiting for something or not. And yet, the allure of something big just over the horizon is very appealing.

What about you? Is there something in your life that needs to complete before you can move on to the next thing? What are you waiting for?

Related questions: How can we build confidence? How do you set priorities? Now or later? What are you saving for?

What Unimportant Things Do You Focus On Too Much?

Do you find that you spend your time worrying about unimportant things, while ignoring big ones?

If so, you’re not alone. Focusing on trivial things is such a part of the human condition, there are even adages warning against it.

For example, take the phrase, “Penny wise, pound foolish.” Saving money on little things is meaningless if you waste money on big-ticket items.

Also, consider the saying, “An ounce of prevention is worth a pound of cure.” If we can only focus on the important things in life, it will save us time and even health in the end.

And yet, we often obsess over tiny details. Why would a person may behave this way?

For one, you may not know how to attack a big problem, but you can solve a small one. Thus, you turn your attention to what you know how to do. I can’t fix climate change, so I’m going to obsess on cleaning my house.

Alternately, you may not even realize there is a bigger issue. For example, you may be promoting one political opponent over another, without realizing that money in politics is a corrupting influence on both parties.

Sometimes, a smaller concern is simply more appealing. Ultimately, watching a TV show may not be important, but it’s more fun than doing your taxes.

Whatever the reason, every one of does this to some extent.

To combat this, we need to accurately determine the relative importance of things. In addition, we need to have the determination to tackle the big problems or issues as they come up.

Are there specific minor things that you find yourself obsessing over, at the expense of more significant issues? What unimportant things do you focus on too much?

Related questions: What is important? Is our attention fractured? What deserves your attention?