Brought to you by a random post on Facebook that said something like, 'If you can spend $100 million dollars in one month, you will be given (don't remember but something like that or more.) The three (four) rules are, no gifting, no investing and something else. Then someone asked, 'what about AWS (Amazon Warehouse (cloud) Service) and the answer back was 'okay four rules'. But that aside....
There was a movie about this I think with Richard Pryor. "Brewster's Millions: A minor-league baseball player must spend $30 million in 30 days in order to inherit $300 million. However, he's not allowed to own any assets, destroy the money, gift it, give it to charity, or tell anyone about the deal."
Challenge accepted. It's a bit harder than I thought.
First, considering there will be an amount of money equal or more coming if you succeed, houses are first on the list along with cars.
I was starting with what I consider an extravagant house at $500-600,000. Then I realized that was being rather skimpy on the money so found a house in Oregon on 5 acres for $1.65 million. Only 4bd/4ba so plenty of room. Contact the realtor tell them the situation and have them get all the paperwork ready. Buy roundtrip first class airline ticket up there, rent a limo, go see the house, sign the papers cash on the barrel head (well bank transfer note whatever), make arrangements for moving on the flight home. So there's about $2 million right there. Now if I chose to buy another house in Alaska, and one in Virginia and one wherever Amber and Wellman wanted to live..... there's another million I suspect.
Buy a new new car. Trade in old one or get it fixed up like new and rent a car while that's being done. No idea of that cost but let's say new car for what I'm looking for in prime condition about $30,000. Getting current car completely detailed and up to new specs, almost the same amount. So in the interest of spending as much money as possible, get current car fixed up and rent another car. Let's call that $40k.
Pay storage and rent for the next year - Storage for me is $328/month and rent is $1050. That's a paltry $16,500.
Another dream thing is annual passes for Disneyland and Disneyworld. It's about $1450 per person with all the bells and whistles so for Jon and I it's $2900. But then, if we want to spend a few days up there during that month, stay in the most expensive hotel for three days and 2 nights, that's the Grand California and runs about $750 per night (before taxes and fees, room service all that) for two people so let's bump that to $900 per night and that's a measly $1800 let's say for three nights and four days. You know how expensive things are in Disneyland so let's say that per each of us each day for three days and that's about $12,000. All of this is based on succeeding in spending the initial amount of money so air travel and hotel rooms would be taken care of by the extra money.
So far that's about two weeks and only $7.708 million dollars. 2 more weeks to spend about $93 million dollars.
A house for each of my children. New cars if they need them. Now they wouldn't be gifts because they would be my cars and I'm allowing them to drive them, and same with the houses. It's not really investing buying a house and letting someone else live in it?
So that little fantasy is a way of showing that I don't need to be a multi millionaire. Even buying the most expensive things I can think of that are still useful and not opulent, because it's very hard for someone who's used to being poor to suddenly think bigger and expensive. Poor people have little ego and therefore don't think about things the stupid(ly) rich have. Gold plated faucets, you're own private jet (didn't think about that), silk sheets and pajamas... pfft.
Extravagant and opulent luxury is for the ones with no soul. For the ones that have never struggled and the ones that only think of themselves.
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