Last time, we directed you through a series of ten hypothetical questions. Now we’re going to go through the methodology and analyze some common answers! So if you haven’t played yet, check out Part One.
“If money were no object, what would you do with your life?”
Did you get asked this hypothetical question a lot? Especially around high school and college graduation? I did. And it was frustrating as hell, because I was so overwhelmed by my choices that I had no idea how to answer.
This question requires you to have a deep knowledge of yourself and your place in the world—deeper than many young people will have adequate experiences to inform.
After spending over a year scrambling to put every extra dollar I could find into my student loans, I’ve paid them all off almost five years ahead of schedule. I’m now in the enviable position of having a big chunk of extra money every month. It literally feels like I just got a massive raise. So what do I do with it?
Building a Scrooge McDuckian money vault is far too gauche. And besides, I want to use this money to improve my financial position in the fastest, most badass way possible (with badass defined as “most profitable in the long-term”). There’s no shortage of options.