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On a scratch card! They've paid her £5,000 and the rest is coming this afternon - and she's still at work!
Wish she was my pal...!
Not a massive amount of Money these day's is it. I wouldn't reactive by leaving my job.
It'd pay the mortgage or trade up to a new yet sensible house, buy a couple of nice cars and decorate the place then the rest would be left for the kids/a rainy day.
I'd still need to work though.
Not a massive amount of Money these day's is it
Errr.... yes. It is. Congrats to them I'd be pissed already.
Depends on how you live, and what you want from life. I could "retire" from 9-5 work and do some freelance work and be in a much happier place for the rest of my life easily.
[i]Not a massive amount of Money these day's is it.[/i]
What!!!!
That's amazing, she must be so happy. bet that's the best monday she'll ever have 😀
Sadly, Nowadays, a Million does not give you a millionaires lifestyle for long...
Still, I wouldn't turn it down. If it came my way it'd mean still working, but I could pick and choose the contractual/agency jobs that I would enjoy, even though they'd be paying me less.
Not a massive amount of Money these day's is it.
Most people would take almost a life time to earn that, so yes it is.
I could "retire" from 9-5 work and do some freelance work and be in a much happier place for the rest of my life easily.
Definitely this.
Kryton57 - MemberNot a massive amount of Money these day's is it. I wouldn't reactive by leaving my job.
It'd pay the mortgage or trade up to a new yet sensible house, buy a couple of nice cars and decorate the place then the rest would be left for the kids/a rainy day.
It's still a sizeable chunk of cash!!
We could pay the mortgage off, get the remaining decorating work done, upgrade both our cars and still have around £800,000 left.
I'd definitely leave my job and spend some time working out what I'd really want to do, then re-train for that.
Not a massive amount of Money these day's is it.
20 years at 50k per year?
Yeah crap amount of money
From memory, studies on lottery winners suggest that £750k is the amount you need to win to actually make you happier. Any less than that is obviously nice but doesn't make enough difference to actually make you happier.
So sounds like your colleague has done well for herself 🙂
lucky lady.
sure its not going to buy you a "millionares" lifestyle for long but if your smart its a life changing amount.
live a modest lifestyle and I doubt you'd have to work much, if at all.
I think a mil would be enough to make me seriously re-evaluate my life. Could get a decent house and car(s), pay off present mortgage to keep as a renter and give probably £100k to each set of parents(plus £50k to sister in law).
Then figure out what to do with my time once I've finished my degree and no longer have to be a shift worker.
I think the question of how much it would change your life hinges on where you live. Up north, yeah, down south, not so much.
Bit of careful investment, pay off the mortgage and probably still be effectively better off than working despite 'earning' less. What's not to like?
Id be on the work phone to Stif with a hefty order, then buy my colleagues cakes, then leave never to return.
is she single? 😉
Sadly, Nowadays, a Million does not give you a millionaires lifestyle for long...
How many times have you won a million quid!??
Honestly the interweb really brings out the PO in people's faces sometimes.
20 years at 50k per year?
Yeah crap amount of money
No.
You need to factor in inflation and interest to make a real world estimate of the value unless you planned to go back to work in 20 years.
£1m could be lived on but not with a 'millionaire's' lifestyle unless you made some really good investment choices.
I'd still be very happy to win it though 🙂 I'd start a bike company knowing that essentially I just had to break even.
Who cares about leading a millionaires lifestyle, I love my boring life. A million would be more than enough, in fact enough to clear my mortgage would do!
With a million, at my current rate of spend I could work part time and build trails every afternoon 🙂
buy a decent house for 300k or less (think anywhere north of birmingham southerners) if your 700k earns 3% interest that's 21k p/a. Without a mortgage that would be enough for me to live in, cycling every single day and doing exactly whatever I please.
Doubles all round then. Wouldn't say no that. Ms Sparks does the scratch cards very occasionally. Despite my protestations that it is a waste of money she has made more than she has lost - just!
That's fantastic news for her.
Definitely leave my job, at 41, that would happily see me out, I don't want a millionaire lifestyle, bit more time during and a spot of fishing as well, lovely.
As Kryton says - these days it is not a massive amount of cash. Sure, there's a bunch of things that could be paid off now and you will be able to be pretty comfortable for a long time ahead with your current lifestyle. But the key thing that a lot of people don't seem to appreciate is that having £1m does not open a gateway to living life like a millionaire. There is a distinction between the two.
Sure, I would love to win that much money and it would make a material difference to my life. As others have said, it would allow more flexibility in choosing a job that may not necessarily pay so well but could give a lot more job and life satisfaction.
Sadly, Nowadays, a Million does not give you a millionaires lifestyle for long...
I'd agree with the original statement. You won't be hopping round the world on a private jet or supping champagne on your own island . With good investment you should be able to bring in 50-60k, and possibly a lot more, for doing nothing for the rest of your life, which would be very nice.How many times have you won a million quid!??
Honestly the interweb really brings out the PO in people's faces sometimes.
Well i would say that i wouldnt make any rash decisions till the cash was in the bank...but as soon as it was i would be on the first plane out of what ever shit hole i was in and id be back home with my family and looking for a subsistance job with no traveling to keep me sane 🙂
I'd start a bike company knowing that essentially I just had to break even.
I think you may need more than money to start a successful bike company. Like knowledge and experience for example 😉
£1m does not open a gateway to living life like a millionaire
I'm almost certain it would 😆
I'd agree with the original statement. You won't be hopping round the world on a private jet or supping champagne on your own island . With good investment you should be able to bring in 50-60k, and possibly a lot more, for doing nothing for the rest of your life, which would be very nice.
So what was originally meant was that a million won't let you lead a billionaire's lifestyle for long?
Do you need to live like a millionaire to enjoy having a million iin the bank........why does your spending have to change just cause you have cash
Like knowledge and experience for example
Nah... 🙂
Depends how old you are when you win it.
If it was me I'd be skipping off down the road never to work again.
Given we live on a good sized planet, if you buggered off to foreign climes with that sort of money, you'd be set up for life.
How many times have you won a million quid!??Honestly the interweb really brings out the PO in people's faces sometimes
Really? I assume you are including yourself in that statement then or perhaps care to elaborate on what you are trying to say. Nothing wrong with the statement you appear to be having a problem with
I'm almost certain it would
Me too. I think there are some messed up people on this thread lol
[i]I think you may need more than money to start a successful bike company.[/i]
If you want to make a small fortune running a bike company start with a large one 🙂
I tend to think a million would add 'nice things' to my life but wouldn't fundamentally affect my standard of living over the rest of my life time.
It would make me more confident about my old age, though, I think 'what happens when I get old and need care' is probably one that we're all going to face in the future and the answers are far from clear.
It wouldn't even buy you an average sized house in the nice London boroughs....
Not a massive amount of Money these day's is it. I wouldn't reactive by leaving my job.
You're joking right? I could retire on less than half of that. Yes it wouldn't give me a millionaire lifestyle but I wouldn't want it to. A million quid would pay off all debts, then with the rest invested you could have an income of 30-50k a year pretty easily.
Tax free too!!
Exactly.
If someone handed you a million and the best you could come up with would be re-decorate and buy a new car you'd have to be a bit 'special' IMO.
Access to that kind of money would have me set for life. Easily. Even in the UK.
It wouldn't even buy you an average sized house in the nice London boroughs..
It'd buy you a palace where i live and the ridings significantly better.
hmmm - choices....
Learn to weld/braze/ framebuild?
Brew beer?
Make cheese?
Get that dent I put in the van last night fixed?
Do you need to live like a millionaire to enjoy having a million iin the bank........why does your spending have to change just cause you have cash
I wonder how many lottery millionares are still millionares...
I could retire with £1M, the wife would have to keep working mind 😉
Pay off mortgage, no need for child care costs. Sensible investment should yeild more than my current take home. So more income and less outgoings. Might not be living the millionaire jet set lifestyle, but an improvement on current lifestyle.
I think you may need more than money to start a successful bike company.
I'm with wwaswas on that. What's the best way to make a million in the bike industry - start with two. Mostly because I'd just spend it on shiny things.
Unless you already have that kind of cash, a million will see you right for a long time, ie Life.
Handled properly and sensibly it would make a massive difference - House without a mortgage? Tick!
Nice car? Tick!
Buffering up Pensions/retirement income? Tick!
If you have those sorted your ready to relax.
And bestest bike garage ever...!
Of course it won't get you a millionaires lifestyle for long, but you'd be comfortable doing whatever you wanted for a few years
It would certainly change my direction in life
House in France, not far from the Alps, build a woodworking shed, ride when I wanted to, skiing and snowboarding in winter
That would do me