Man with Money

Practical Ways to Spend Your Winnings

While spending your winnings on fancy cars and exotic trips might be fun and thrilling for a short period of time, you might not get the longevity of these purchases in your life.  Enrich your lifestyle more with your winnings by investing in yourself and your future.  It’s always a worth-while cause and you’ll see the benefits for years to come.  These are just a few ways to commit your fortunes to your future self.

Learn Something New

If you’ve always wanted to go back to school to learn a new trade or skill, now is the time.  It could lead a new career path towards something you really love in your life.  Use your winnings to pay for education or certifications that will take you and your career to the next level or completely change your work-life into something you’ve only dreamed about.  It’s a calculated risk that can lead to future happiness.

Finally Be Debt Free

While paying off any debt doesn’t sound awful fun, think of the freedom it will give you to live your best future life.  Pay off any remaining student loans, mortgages, car payments and start living your life with that free feeling money can’t buy.  It will open your future to more rewarding ventures like quality vacation time or a new hobby.  Take the burden off you and your future self with this option.

Couple taking picture

Take a Trip

Think about planning a life-changing trip somewhere you’ve always wanted to go.  Not just a boozy beach bash, but a place that will forever change how you look at the world around you.  Maybe you want to get lost in the culture and cuisine of Japan, or perhaps a trip to visit your Italian roots.  Look for an opportunity to give yourself the gift of experience to places unfamiliar and will enrich your life and perspective.

Renovating or Upgrading Your Home

Where you wake up every morning and spend most of your life is in your house.  Think of ways to upgrade your home sweet home so that you always feel taken care of and love where you live.  Happiness does begin at home, and if you feel happy when you are at home, it will spread to other areas of your life.  Treat yourself to the gift of comfort and ease with a few remodels to give that secure feeling to your life.

Looking Ahead

Investing in the future is always a good idea, so why not start with your new flow of wealth?  Meet with a financial advisor that can help you invest in the stock market and future planning.  You could set up a trust for your children towards their education or work for the gift that keeps on giving.  There are endless ways to practically invest your money that will continue to grow year after year. 

Sensibly spending your winnings might not be the fun bragging party you’d always dreamed it would be but investing in yourself will be a much more worth-while cause.  You will be taking care of yourself and your future self which is the best investment of all.