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My Simple Plan If I Ever Win the Lottery

Daily writing prompt
What would you do if you won the lottery?

When I win the lottery and receive the money after government tax deductions, like any ordinary person, the first thing I would do is reduce my debts. Financial freedom begins with being debt-free.

I would donate 10% of the amount to God and for charity purposes.

Next, I would try to clear as much debt as possible. I would also purchase gold jewellery for the ladies in my household. With gold prices skyrocketing nowadays, it feels wiser to buy gold now since its value usually increases over time.

I would keep some amount as a fixed deposit in my mother’s account. I would also set aside some money for future marriage expenses.

Finally, money should earn money. So I would invest a portion of the lottery amount wisely to generate long-term returns.


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2 responses to “My Simple Plan If I Ever Win the Lottery”

  1. Seriously that’s I think every persons mindset- paisa paise ko kheenchta hai
    Yeah… seeing to the hike in everything that’s the safest option !

    Liked by 1 person

  2. yep….I think we should aim for financial growth….and investment is the first step…😀

    Like

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