What Would You Do If You Won The Lottery?

Posted on July 6, 2022 - 10:34 am by James Hendrickson

All,

Saw this on social media last week. Its a posting asking the question “what would you do if you won the lottery”, so its got me thinking. I really don’t believe I’m going to win the lottery because I don’t play, but I’m curious to see what dinks readers have to say.

All, if you’re so moved to answer, please leave a comment below.

James Hendrickson

James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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What Would You Do If You Won The Lottery?

James Hendrickson

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