What Would You Do If You Won the Lottery?

If you won the lottery, what would you do with the money? Making a list of your ideas about this is a wonderfully beneficial exercise, regardless of whether you actually win or not. It helps you tap your subconscious mind and see what your real values are, beyond any limiting boundaries. Then you can set your life goals as to what you would really like to achieve and begin to manifest them, as opportunities arise, regardless of whether winning the lottery turns out to be a necessary part of your life's mission.

Besides, if you do win the lottery, the change in your life will happen very suddenly, and a previous plan will give you the stability you will then need for your win to be a positive experience for you.

Good financial planners advise their clients to make a list of their life goals first and to invest second. For example, if you are planning for your retirement, will you want to travel or will you want to stay close to home and do volunteer work? The former would cost you a lot more money than the latter, and might require that you undertake moderately risky investments to get a high enough return. If you plan to live on relatively little, on the other hand, you will not need to risk your life savings in that way.

Some people have more of what is called "risk tolerance" than others. For example, an Arian welcomes risk and brushes off any failure as just being a step towards the next success. A Cancerian, on the other hand, would be thrown into emotional turmoil by any thought of insecurity. So, know yourself first and then set the goals which will make you happiest.