This is how you spend a million euros correctly

What does it mean to enjoy money? When a millionaire dies after living a modest life, Merja Mähkä ponders.

Columnist Merja Mähkää was annoyed that she never spent money on her trip to Peru to see the famous Nazca lines. AOP

There is a type of story in the media that tells of quiet and modest bachelors who, after their death, are revealed to be investment millionaires. The story usually goes so that the bachelor has done a very ordinary career, keeping expenses to a minimum.

The millions of bachelors who have accumulated during their lives have then left, for example, a municipality or a non-profit foundation. Erkki Virtanen, about whom Helsingin Sanomat recently reported, bequeathed his flashwill to the Technology Promotion Foundation and the Women’s Bank.

In the comment field of these things, there are always judges who think that such a life has been abused. Would have just enjoyed their money.

I have often wondered what exactly is it about enjoying money? If a person has a million euros, then what exactly should it do?

Okay, the question is problematic. The more common problem is that money is not always enough, even for necessities. In general, everyone is sure to come up with a way to use money here and now.

The question is still quite right. With the investment boom, more and more Finns are accumulating wealth in the long run. As the courses fall, there is even a great opportunity for it.

There is also a great redistribution of wealth ahead as wealthy age groups begin to arrive at the last stop. Their children will receive significant inheritances. That’s why it’s interesting to think about how to live with that money.

Let’s forget about the top-down approach where money is spent buying things that now happen to make up the mind. From what I read in the magazine, those who suddenly get rich and then have a lot of fun are usually not happy with their choices.

Instead, I set out to find the answer where it can be said in retrospect that it would have been worth making the money stink. For my part, the episode 12 years ago comes to mind.

While traveling in Peru, I skipped the Nazca lines, the gigantic patterns that the Nazca peoples who lived 2,000 years ago tried to communicate in space, according to current knowledge. Once the money was at the bottom of the pocket, and the unique Nazca lines were next to it, they could have checked now. In it, saving has been annoying.

I asked other women interested in investing the annoying waste opportunities. Holidays, experiences, parties and various services that could make everyday life easier came to the fore.

Some kind of failure to create a framework for one-offs was also annoying. One mourned the fact that in Florida he had to rent a cheap caravan when there was a once in a lifetime seam to rent a convertible. Another regretted not buying a bike trailer because the kids would have had fun riding it. The third regretted marrying in an old dress.

The objects themselves had not been left to mourn. You can always get them if you have money and are still interested. In summary, good places to spend money are particularly good moments that could have been made even better.

Another way to consider enjoying money is to question whether enjoying money is at all the same thing as fulfilling the most desires. Long-term investors typically enjoy the successes offered by investing, which can even be compared to rose gardening. It is simply a pleasure to follow the growth. Then, as a trader, comes the freedom brought by economic leeway, for which it is difficult to value because freedom is a feeling.

In the end, one may wonder if an attempt to think about the right way to enjoy money will inevitably lead to some sort of dead end from which a mirror awaits. Money is so fundamentally linked to what is good for you or me. Everyone answers it in their own way.

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