Preview

What Would You Do If You Inherited Rm1 Million from a Distant Relative?

Good Essays
Open Document
Open Document
453 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
What Would You Do If You Inherited Rm1 Million from a Distant Relative?
If I inherited RM1 million from a distant relative, then my life would take a dramatic turn from what it is now. I would adopt the lifestyle of the rich and famous. There are lots of things I would do with the money. Firstly, before I use the money at all, I would give away ten percent to charity. Ten percent of RM1 million works out to RM100,000. This is a lot of money to give away. It does not mean that I am a generous or saintly person. It simply means that when we get good luck, we must thank God by giving some money to charity. I would share the money among orphanages, homes for disadvantaged children, old folks homes and hospitals. Next, I would buy a house for my parents and give them some money. They are not rich people. A house of their own would give them security. It would make them happy. It would also show how much I love and respect them. I honour my parents because they work very hard to look after us. After that, I would deposit about RM200,000 in the bank for my future. I plan to run my own business one day. I am not very good in my studies. However, I love to work with my hands and I am good at repairing electrical goods. I plan to open an electrical shop selling household electrical products such as rice cookers, irons, air conditioners, washing machines, televisions, radios and hi-fi equipment. My shop would sell every product a household needs. Once I settle my future, I would go overseas. This has always been my ambition. I love travelling. I have always wanted to visit other countries and experience different cultures. I would travel to England, Spain, France and Greece. I would travel to the United States of America. I would hike in Thailand and then cross over to Cambodia to see Angkor Wat. When I have visited as many countries as I want, I would go back to England and train in a vocational college. I would learn how to repair machines. Then I would work there for a whole to gain as much experience as possible. All these plans

You May Also Find These Documents Helpful

  • Good Essays

    We all want to be millionaires, but do we know how to stay that way? Most people don’t know how to handle all that money. These millionaires just keep spending then saving. They just make quite the choices, right? Wrong! For example, NFL players, according to “Broke,” have lost every penny by just spending on random things like buying 2 cars at once. If you have that much money, you need to talk to a financial advisor that you trust. Trust plays the main role in this industry.…

    • 468 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Mgmt Unit-1 Ip

    • 694 Words
    • 3 Pages

    * Where do you see yourself in say five years from now? The reason this question is asked is to be able to determine the determination of the…

    • 694 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Loan and Home Income

    • 1002 Words
    • 5 Pages

    * Other investments includes bank saving of $10000 for emergency, $5000 for business, and $27500 share portfolio with negligible capital gain. Besides that, they planned to invest $5000 in energy saving industry under the advices of a friend from the child care centre.…

    • 1002 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Time Capsule Project

    • 1388 Words
    • 6 Pages

    My personal goals for the future are to graduate with my second degree (Bachelors in Business Administration), raise a family that is successful, as well as opening a restaurant in Colorado or Oregon with my fiancé, who I will be marrying June 2nd, 2013.…

    • 1388 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    My view for my future is to become a great force in the world with a purpose for bettering the world as a whole for those who currently live in it and for those who have yet to come.…

    • 2394 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Paul Fussell once said, “All the pathos and irony of leaving one’s youth behind is thus implicit in every joyous moment of travel: one knows that the first joy can never be recovered, and the wise traveler learns not to repeat successes, but tries new places all the time.” Going around the world would be a fascinating goal for the future. Meeting new people and getting to grasp what the world is like . Traveling would be interesting to do in the future because first I can challenging myself, second the adventures, and third to appreciate life.…

    • 440 Words
    • 2 Pages
    Good Essays
  • Good Essays

    I can tell you first hand, I would rather get lucky but the reality of it, is a million dollars will not be handed to me. You have to be willing to go out there and do the work. I have to be self motivated and have faith that my hard work will pay off. I am often viewed as greedy because I do not waste a lot of money, but i save up that money and invest it into my companies. Within my family nobody has reached the million dollars and whenever i talk to my family about the millionaires i follow all they respond with is “They are lucky”. “Lucky” to have 300,000 dollar cars, “Lucky” to have a 800,00 dollar house, but were they “Lucky” when they were homeless?. I myself do a lot of research on people the people who I follow and read their stories. I know most of the things they have gone through to get to a millionaire statues. Most have gone from rags to riches. I have learned that I have to be willing to burn my bridges and learn from mistakes. I have been around millionaires and they are not like most of the people you encounter everyday. Great manners along with advanced vocabulary are just the first things you will notice. They do not like to sit around, constantly on their phone. When we think of people on their phone we mostly imagine people liking other peoples post or just scrolling but millionaires are…

    • 2030 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Addition and Lottery

    • 453 Words
    • 2 Pages

    Another great deed to share their fortune with would be donating it to a good cause. The winner doesn’t have to donate all of their fortune to the charity, but anything does make a difference. There are still many cures doctors are looking for today, such as the cure for cancer and the cure for aids. Donating their money could help doctors be one step closer to…

    • 453 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Utopia Research Paper

    • 2084 Words
    • 9 Pages

    my degree. With a degree in hand I'll go out into the job market in search of a…

    • 2084 Words
    • 9 Pages
    Better Essays
  • Good Essays

    My American Dream

    • 1031 Words
    • 5 Pages

    school, I would get a decent job that would eventually pay for a nice house, car, and other…

    • 1031 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Marine Corps

    • 755 Words
    • 4 Pages

    The career that I would love to pursue would be one in the United States Military. I would like to eventually become an Infantry Officer or an Aircraft Maintenance Officer in the United States Marine Corps. The reason is I want to be part of a force that could stand up to any enemy and fight for the country that I live in and the people in it.…

    • 755 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Success Research Paper

    • 911 Words
    • 4 Pages

    Traveling would be one of the things I would totally love to accomplish. I find traveling so amazing open minded such a good feeling that will make my life more enjoyable. I would go wherever my money can take me. Hawaii,Cancun,Miami,Bahamas,New York,Brazil,and places…

    • 911 Words
    • 4 Pages
    Good Essays
  • Good Essays

    First, I would take $250,000 and put it in the bank. If it is in the bank for a while, it will draw around four to five thousand dollars in interest a year. So after about ten years, it will grow to around $300,000. That way, I will never have to worry about not having money or struggling from paycheck to paycheck. (72)…

    • 495 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Of course, if I had a million dollars, I would spend a lot of it on myself, hopefully not too selfishly, but first of all, half of what was left would be safely stored at a bank in Swiss for future use. After the money was stored, what I spent with the rest of it would be history. Perhaps I'd get a few houses in the tropical islands, a couple of new computers, laptops, and walk-in closets in each, advanced payment for the CDs I wished to own. I'd also to invest in a six-year trip around the world with a year for each continent and three more months in Antarctica, and loads of material things would satisfy me, but who knows what I'll have come up with by then. After I'd gotten what I wanted for the time being, I would give some of the remaining money to my family and relatives for them to split among themselves, and perhaps some of it on educational benefits for me. If I were older, though, I would certainly need to spend it on my family, on cars and…

    • 538 Words
    • 3 Pages
    Good Essays
  • Good Essays

    If I Won the Lottery

    • 256 Words
    • 2 Pages

    I also wouldn’t spend all of it. I would put most of it into the bank for safekeeping. Using it to pay off college loans after I graduate. I would also probably save it for when I started a family and needed to buy a house.…

    • 256 Words
    • 2 Pages
    Good Essays