How much money do you need?

To do what I’d like to do with it? $2billion USD. - Jesse.

The more the merrier, and I wouldn’t turn away a check for $5 million, but if $100K dropped in my lap this afternoon I would be very pleased indeed. I’d put it in my savings account and draw it down a bit every month. But really, it’s not necessary - we’re in good shape financially.

:: knocks on wood ::

I want to preface this by saying I’m pretty happy with what I’ve got.

If I could name any amount of money that would most satisfy my material desires, it would probably be $200,000. I would spend $100,000 to finance grad school and pay off my student loans, use $50,000 for a significant down payment on a house and use the rest as traveling money for the next decade.

Just to make me happy today, $2000 would be fine. My washer died yesterday, and the glasses for the whole family set us back $800. Those were both unexpected Dec. expenses. Not great to have right before Christmas.

But to really change things, I would say 100K to 200K would do the trick.
We only owe about 40K on the house and have no other debt. But both of our cars are on their last legs/wheels too. The rest would be handy for house repairs and life’s unexpected expenses, and a college fund for the boy if he is so inclined.

$200,000 would pay off all of our debt, including the house and student loans. I’d be thrilled with that, but ideally I’d like to win twice that amount of take-home money. My wife and I both want to go back to school to escape the stress of teaching, and another $200k would let us take the next two-four years off to do that and maybe have a late honeymoon and kid #1, all while walking away debt free.

I’ve got to know. What kind of plan do you have for $2
billion?

Robot army? Underwater volcano lair? Moon base? Corner the market for tupelo honey? Buy Lucasfilm and remake Star Wars?

G’morning Marmot!

We have a worldwide orphan ministry and that would fully fund it and build the Mission Houses we need. Of course, we’d invest the principal and operate on the interest only, thus ensuring an adequate supply of money annually.

Love - Jess.

Hello mr jesse leigh permit me to introduce myself i am a former nigerian oil minister a christian and honest man of course but alas my family has fallen upon hard times permit me to explain…

This with one caveat: That the economy recovers enough so that the $60,000 disappeared from my retirement account magically reappears. It’s not so much that I couldn’t do without that 60K. It’s more that I want to feel that what I do have left is real and not electronic 1s and 0s that will vanish with the flick of a switch or traded away in the hands of a conman like Madoff, or AIG, or Lehman Bros.

I do believe I’ve heard that one - multiple times. :slight_smile: - Jesse.

BTW, Elendil’s Heir - I’m not a ‘Mr.’ - Jesse.

Duly noted, and my apologies.

For about $175K (after taxes) I could buy a comfortable home, a new car for me, one for Mrs. Homie, buy all of the “toys” that I want, and pay off all of my debts. I’d still have to keep working, but I would have significantly more financial freedom not having a mortgage payment and debts.

Add another million to that and, with good investments, I could procure for myself an annual income of something in the neighborhood of $50K per year, which is decent money 'round here, thus enabling me to quit working.