Q and A: Hypothetical money

heidikins asked:

What would you do with an extra $100 bucks? A thousand? A million?

and Operation Pink Herring asked:

If you won $10,000, what would you do with it?

As I started to write up my responses, I realized that I am incredibly, boringly practical even with mythical prize money, so here are both fun and functional uses, even if I would stray to the latter, if left to my own devices.

$100:

  • Fun: A new climbing harness, a big clock for our living room to replace the one that fell to its gory death last year, or a nice dinner out.
  • Functional: Binders for storing our CDs, baskets to hide all of our pantry clutter, new bed pillows, or a slipcover and new throw pillows for our old couch. However, I would most likely save it right now because I am on a self-imposed spending freeze until I visit my sister in DC this summer, where the shopping will be intense and fruitful. I guess that’s not so much functional as it is delayed gratification, but it’s certainly not fun.

$1,000:

  • Fun: A digital SLR camera and a tripod. A slew of new clothes including good walking shoes, a bright trench coat (maybe teal?), a hip-length black coat for the winter, a non-black pea coat, and knee-high black boots. If that doesn’t exhaust the money, I will also replace my baking equipment.
  • Functional: A deposit into the braces fund, most likely, but maybe a new laptop for home.

$10,000:

  • Fun: A cruise! Alaska or the Mediterranean, please, depending on the size of the room.
  • Functional: Two semesters of very expensive graduate school. Or paying off a big chunk of our mortgage.

$1,000,000:

  • Fun: Paying off the house, plus finding and buying our dream lake house (on some yet-to-be-determined lake) and a boat for JG.  Oh, and I get a kayak and the rights to decorate the lake house any way I want.
  • Functional: Plugging a chunk of the money into retirement, donating to our church’s building addition, and sponsoring as many adoptions as possible.

Previously: Lent, hypothetical actions, superpower, television, favorites

8 comments

#1 Jess on Friday, May 2, 2008 at 2:13 pm

I say paying off the house counts as both fun AND functional for that $1 million entry.

#2 Audrey on Friday, May 2, 2008 at 2:13 pm

I love that you did fun and functional, because that’s how I always think about hypothetical money, too: “Well, it would be awesome to spend it on _____, but I really should spend it on _____.” Good choices, on both fronts!

#3 elise on Friday, May 2, 2008 at 2:41 pm

Yep, I like the format. Now all you need is that winning lotto ticket ;)

#4 janet on Friday, May 2, 2008 at 2:46 pm

I love this! Might need to steal it!

#5 heidikins on Friday, May 2, 2008 at 3:14 pm

Great lists! Love!

xox

#6 Laurel on Friday, May 2, 2008 at 3:16 pm

I totally would go the functional route. Though by the time you reach the $1,000,000 level, there is plenty of room for “fun” purchases too!

#7 Erin on Friday, May 2, 2008 at 4:22 pm

I’m glad I’m not the only one who immediately thinks of boring things to do with my money! I like that you broke it up into fun and functional.

I really want an SLR digital camera! Maybe with my stimulus check…

#8 Michelle & the City on Monday, May 5, 2008 at 9:00 am

don’t you just wish it wasn’t hypothetical? ;)

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