One billion dollars might not look much to the multi-billionaires of the world, but simply imagine the commoner’s reactions if you have this much money in your hand. No more trouble with your monthly rent, car loan or daily expenses. This is the time for you to shop till you drop, buying everything you want to without a care for the world. Even if the scenario is impossible to happen in real life, isn’t it a fun topic to be discussed with your friends? Everyone would have different ways to spend them, but perhaps you should follow this guide on how to spend the money so that you can refer to them if you become lost on what to do with them.
Prioritise Your Family
Some of your family members might be struggling to pay for their daily expenses or perhaps your sister could have a sick daughter who needs a lot of money for her treatment. It’s better for you to help them as best as you can since they are the people you deemed as important in your life. You should be the person they can rely on during their hard times, and vice versa. The precious bonds between your family should be cherished and you should be helping them first before anyone else.
Join A Forex Trading Company
Do you know that forex trading is an industry that is blooming in the 21st century? Many top brokers in the world are very successful like Stanley Druckenmiller have a net worth of 5.6 billion USD. Forex trading is worth investing your money for because you can double the amount of money you earn from it. Check out malaysia forex brokers list where you can see reliable brokers to trust for the beginning of your forex trading journey. You can even learn about being an entrepreneur while doing this. It is a good way to increase your income because despite having a billion dollars, there’s nothing wrong with earning more money when you can.
Buy A House, Or Maybe Two
Do you know that the prices of houses and lands are getting higher as the year goes by? In the past, buying a new house was no big deal for a married couple but it is not the same today. The couple might be burdened with loans as they have to pay a lot of money for their house despite the same value. The average price for houses in Malaysia is around MYR 423,179 (US$ 97,070). It might take them more than a couple of years to finish paying for the house. Thus, buy houses and lands with the one billion you have because it is a good investment for the future generation. They can inherit them when they grow up and it will help them from struggling with the high prices we can never expect in another 10 or 20 years.
In conclusion, one billion is too much of an amount of money for you to spend them recklessly. Have a responsible plan to spend them so that it will not be wasted on irrelevant things. You only live once, so spend the money as carefully as you can as it can be unfortunate if you spend it for unnecessary investment or worse, crimes.