Hi there, Mrs. 1500 again.
Last week, I asked about your grocery budget. What do you spend on groceries, and how many people are you feeding? The answers I received were all over the board. It seems that most people are spending between $200 and $300 for 2 people per month. That doesn’t seem excessive to me.
Jacob from Cash Cow Couple spends less than $100 a month, by buying everything on sale and having a stockpile of deer meat. Michelle at Shop My Closet Project recently planted a garden to help offset grocery bills. This is an excellent way to trim food costs, and even small container gardens can provide tons of produce for you to enjoy. I can’t wait to move and plant a garden!
We were traveling last week, on a whirlwind Midwest road trip. It seems every state we drove through takes part in one of those giant, multi-state lotteries. The jackpot, in case you missed the story, was the ridiculous amount of $600 Million!
With very little effort, I can purchase a ticket and then convince myself that I possess the winning numbers. I daydream of what I would do if I won, and then when my numbers are not called, I feel real disappointment that I didn’t win. (I have also entered the Pillsbury Bake Off this year, and have similarly convinced myself that they will announce my name as the winner of the million dollar prize.)
I know many of you do not play the lottery, and that is fine. I only buy a ticket when it is “worth it” (as though if they called my numbers for a pitiful jackpot of “only” $10 million I would say “no thanks, not worth my time.”) and I only buy one ticket (~$5/year). Purchasing more than one ticket does not significantly increase your odds of winning. Purchasing 100 tickets doesn’t, either. While the chances of you winning are extremely low, they are infinitely higher than if you didn’t buy a ticket at all.
But imagine that you did hold that winning lottery ticket. That you are now $600 million richer. What would you do if you held that sole winning ticket? Some questions to ponder:
- Would you conceal your identity? Not all states require winners to be publicly identified.
- Who would you tell?
- Would you keep working? If not at your current job, what?
- Many lottery winners’ lives end up in ruin. What would you do to avoid this?
- Finally, what on earth would you do with all of that money?
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