Hey, financially responsible readers. The Powerball lottery jackpot is
$430 $510 million this week. Did you get a ticket yet? I used to pick up a Powerball ticket whenever the jackpot is huge, but I haven’t purchased one since they doubled the price to $2 five years ago. If the jackpot reaches a billion dollars, maybe I’d add $2 to the pot. The odds of winning is extremely low and the only reason I’d get it is so I could dream for a few days. Anyway, let’s have a little fun today. Complete this sentence – if money was no object, I would…
I’ll go first.
1. Buy a bigger home
We love our 2 bedroom condo, but it’s getting a bit small for 4 people. My mom stays with us 6 months out of the year and it’s tight when she’s here. It’s tolerable currently because our kid is only 6 years old and they are sharing one bedroom. The same room also doubles as my office. This is actually great for now because Junior likes having me nearby when he falls asleep. Once he’s a bit older, we’ll need to move for sure.
If money was no object, I’d buy another one bedroom on the same floor for my mom to live in. Or maybe a bigger 3 bedroom unit. Either way would work. We enjoy living downtown and don’t really want to move. The HOA is expensive, though. Our finances are in good shape, but it won’t work with 2 sets of HOA, property tax, insurance, and utilities.
2. Hire helpers
I enjoy DIY, but I think it’s mostly because DIY saves money. If money was no object, then I’d hire out almost everything. Here are some of the tasks I’ve done in the past few weeks that would be on my hire out list.
- Fix sidewalk at the rental
- Climb on the roof to clean out the debris from the skylights and gutters
- Fix sticky faucet in our kitchen
- Figure out how to replace the rusted out chimney flashing
- Drive RB40Jr to dentist, ENT appointment, soccer, Wushu, and summer camp
- Cook, clean, grocery shopping, vacuum, laundry, and other household chores
- Go to dentist with my mom to translate and figure out a treatment plan
- Plan our trip to Hawaii and Mexico
- Prepare for our camping trip this weekend! 🙂
- Social media for Retire by 40 and other backend stuff
- Etc, etc, etc
Ahh… This is why rich people have a personal assistant, VA, handyman, maid, and a driver. I don’t mind doing these things, but it would be nice to have more time to do fun stuff, too.
3. Donate more
I’m terrible with charitable donations. I just feel that we’re not in the position to donate much right now. We’re completely focused on our goal of having Mrs. RB40 retire by 2020. All our money is going into investments right now. That’s probably a poor excuse because many families in less financially secure positions give back more than we do. If money was no object, I’d donate more to the food bank, NPR, and organizations that help seniors.
On the other hand, Mrs. RB40’s dad is donating enough to cover all of us. His social security benefit goes straight to various nonprofit organizations every month. He doesn’t need it because he has a good pension and savings. If things go well, we’ll be in that position someday, too.
What would you do if money was no object?
That’s my top 3. Sure, I’d like to buy some new stuff like a nice mattress, a convertible, a kayak, and some other nice things. However, those things will come eventually. I can wait until the time is right for the finer things in life. Our life is already pretty darn good so money wouldn’t change it drastically. I wouldn’t tell anyone if I won the lotto, though. 🙂
Lastly, lots of people quit their job after they win the lottery. I’m not going to do that because I love being a SAHD/blogger. Not working at all isn’t attractive to me at this time.
What about you? What are some of the things you’d do if money was no object? Good luck with the lotto!
Mrs. RB40’s answer
If money was no object…
– A 3-bedroom penthouse in downtown
– Clothes that I like (this is the only “thing” that I’d want, besides the right house)
– I won’t worry so much about traveling and finding places to stay that are affordable, I might even enjoy the process of travel planning
– Eating out. I won’t feel so guilty thinking, I could/should learn to make this meal or cook like this. I paid $xx for this?!
Image credit: Pictures of Money