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WHAT WOULD YOU DO IF YOU WIN A MILLION DOLLARS? WOULD YOU OPEN A RESTAURANTY WOULD YOU BUY A HOTEL? WILL YOU START A TOUR COMPANY DISCUSS YOUR REASON WITH REAL LIFE EXAMPLES -WRITE AN ESSAY OF SO WORDS OR MORE AND ESSAY MUST HAVES PARTS 1
WHAT WOULD YOU DO IF YOU WIN A MILLION DOLLARS? WOULD YOU OPEN A RESTAURANTY WOULD YOU BUY A HOTEL? WILL YOU START A TOUR COMPANY DISCUSS YOUR REASON WITH REAL LIFE EXAMPLES -WRITE AN ESSAY OF SO WORDS OR MORE AND ESSAY MUST HAVES PARTS 1. INTRODUCTION 2 BODY. CONCLUSION AND MUST BE WRITTEN-IN-YOUR OWN WORDS AND NOT "PLAGIARIZED / CHEATED / COPIED FROM OTHER SOURCES SUCH AS YOUR CHAPTER SUDES, EBOOK AND INTERNET, OTHERWISE GRADE WILL BEZERO NO EXCEPTIONS: MELD NAME DAY AND TIME
Expert Solution
Introduction:
Being a millionaire overnight is everybody's dream. Firstly, I would not believe the fact of earning a million dollar but eventually accepting the truth i will settle my wrestling thoughts and try to acknowledge my calm reaction and think positively. There might be bunch of problems in my life and the money could help me with them. Using a million dollar is of crucial importance as either it could make my life better and leave me disheartened with the wrong allocation of money.
Body:
Deciding about its allocation depends on person to person. For me, the decision would be inclined towards a savings, investment and social service.
Given the options I would choose to open a travel company as the world is full of travellers and wanderers. People today are crazy about travelling. So, a travel comapany would be a good business but considering todays covid situation has led me to the conclusion that any business don't work in these times. Business of restaurants, hotels and travel agencies are suffering all this while. So, I would consider some other options that i feel would go in alignment with my thoughts.
Savings: A large amount of money would directly go into my bank account and it would be give me privilege of earning huge interest on it overtime. Savings is the best way to mobilise the money and increase the amount overtime.
Investments: Some proportionate of money can even be invested ( in purchase of lands, buildings, houses etc) so that their present value is doubled or tripled in future. Investment is one of the best decisions one can take.
Paying off debts: dispensing off my liabilities can be a great relief. Paying back the borrowing would keep me tension free and I will concentrate on my core investment activities without worrying about my liabilities.
Social service: It may sound a cliche thought but I believe giving some money for charity won't harm any of my benefits but only it will build up my self esteem. Helping others is very kind activity and it will lead to my prosperity only.
Helping my parents and buying them presents: This would be my favourite utilisation of money. What can be better than making my parents have what they have. It would give me lots of pleasure and happiness.
Conclusion:
Concluding the paragraph i would like to say these are the only thoughts i can have as of now. Well, this dream coming true will have its own reactions and thoughts and processing it may be different to what i have thought as of today. But, one thing is clear that I would be wise enough to explore options that adds great value to my life. I would utilize money to my best capacity.
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