If I suddenly got a million dollars tomorrow, I would do a lot of things with that money. First, I would pay off my student loans that I acquired this year. Next, I would put enough money aside for the rest of my education and pay back my mom for this first year of college. Then I would invest in rental properties in urban areas like Norfolk and Richmond. That way, I would continue to grow my wealth as I grow older. With whatever I have left, I will invest it into a CD account and not touch it for five to ten years. I feel like that is the best way not to go crazy and spend way too much money really fast. I feel selfish with my response to acquiring all that cash but I do feel like it will better the quality of my life and grow my wealth to where I can spend it on others and charitable causes in the future.
