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14 people on the streets of New York City told us what they would do with $1 million

Published by Business Insider on Sat, 22 Sep 2018


We asked 14 people on the streets of New York City what they would do with $1 million.Most people said they would help out family members or invest the money in real estate or the stock market.We also asked "What's the best thing you've splurged on'"some people said vacations and others said necessities like groceries. Depending on where you are, $1 million can either be a lot of money, or very little.New York City is one of the most expensive places to live. Business Insider asked 14 people on the streets of the Big Apple what they would do with $1 million dollars.Fo the most part, people in the streets of New York City said they would help out others first if they had an extra million in their pockets.We also asked what the best thing people have already splurged on, and some said experiences, like travel, and others thought of necessities, like grocery shopping.Check out their answers below.SEE ALSO:We asked 17 people on the street in New York City how much money it takes to be rich, and almost all of them said the same thingSEE ALSO:We asked 16 regular people on the streets of NYC about the best and worst financial advice they've ever received, and most were told the same thingEffy Bergstein, 33What's the best thing you've ever splurged on'I bought Milo a $250 bed at Petco, so that was exciting. What would you do with $1 million'A million dollars' I actually, I don't even know if a million dollars is enough for Manhattan to even do anything. I'd probably buy property, like real estate, as an investment. But what can you really get in Manhattan for a million bucks' Benjamin Cancy, 21What's the best thing you've ever splurged on'I would say my girl. If you want to talk about splurge.What would you do with $1 million'Well my mom, she always wanted to talk about how she wanted to move to Maryland, so I'd get a little crib out there. Other than that I'd buy me a little crib and I'll just keep doing what I'm doing until I'm 40 and then retire.Andrew Maxwell, 61What's the best thing you've ever splurged on'Well the best thing I've splurged on is a mulcher. An American-made mulcher, Milwaukee, saved me heaps of time, given me great joy in being able to shred branches and those sorts of things, and yeah just thoroughly enjoy myself in the garden. What would you do with $1 million'I don't know, probably wouldn't change my lifestyle at all. Maybe wouldn't do anything with it, maybe pay off the mortgage, pay off my kid's mortgage. I think that would pretty well cover it. See the rest of the story at Business Insider
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