If you won The PCH Mega Prize on November 30th, would you spend or save the first million?
All right, PCH fans, let’s put it all on the table. I’d like you to really think about the question above: Imagine if you become the lucky winner of the Mega Prize on November 30th. You’ve just received $1,000,000.00 ON THE SPOT! After you leap into Todd Sloane’s arms or give Danielle Lam and Dave Sayer a big bear hug…after the Prize Patrol drives away and your head stops spinning…what would you do with that first million dollars, knowing you’d get weekly payments of $5,000.00 for the rest of your life? Would you save it, or go on a spending spree like the world has never known?
Wow, talk about a “million dollar question,” this really is food for thought! I’m getting chills just thinking about it! After all, becoming a millionaire overnight would change your life forever. So how would you handle a windfall this HUGE?
I bet there are a “million” things going through your mind right now. Spend or save…spend or save?
Would you have a plan of action? Would you know what to do? Oh, dear friends, I hope so! There’s no right answer here, only what’s right for YOU. Whatever will keep you secure and worry-free, and yes, of course, happy!
Let’s weigh the options:
Say you decide to spend. Suddenly, you have your choice of big-ticket items like cars, homes, vacations, designer clothes and jewelry. Maybe you’d opt to throw a huge party and invite everyone you know! Or perhaps you have other priorities, like paying off your mortgage and credit card debt, hospital bills and college tuition.
On the other hand, say you decide to save your first million dollars. Tuck it away in a secure account with high interest…even invest it. Perhaps you’d like to make sure your parents are cared for in their elder years, or fund your retirement and open trusts for your little ones. Not as fun and “sexy” as a shiny new luxury automobile or a vacation home in Maui, but when you weigh instant gratification against long-term security, you could enjoy true peace of mind.
Just food for thought, PCH fans. I know that every one of you hopes the Prize Patrol — “America’s most welcome drop-in guests” — will drop in on YOU on November 30th with the Mega Prize. But in order for that to happen, you of course have to enter! So go on and enter today! And don’t forget to comment below and tell us what YOU would do: SPEND OR SAVE!
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