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How People Spent Sudden Financial Windfalls

posted by Jason Kottke   Feb 19, 2019

Topic asked more than a dozen people how they spent sudden windfalls of money. Among those queried were two MacArthur grant winners, people who inherited money, game show winners, a professional poker player, and a woman who lost her house because of Hurricane Maria. TV writer & editor Danielle Henderson:

The only directive I’ve ever given my agent, my manager, anyone on my team, is to make sure I get paid like a white man. I do not want to get any offers that are lower than average because I’m a woman or I’m black. I’m not out here demanding a quadrillion dollars, but if I see that somebody’s sold a project for a certain amount and my project is in a similar vein, I’m not settling for less than that.

Planetary scientist Sara Seager:

When I got my MacArthur award in 2013, they asked, “What are you going to spend the money on?” I said, “I’m going to spend it all on household help so I can spend more time with my kids and more time on my job.”

If you have kids, or a person who relies solely on you, not only do you have to take care of them and want to spend time with them, but you have to make their breakfast and their lunch, if they’re really little. And then clean up after them. There’s this endless series of chores. I got tons of responses from people saying, “I can’t believe you said that,” because people won’t admit that. People don’t want to admit the price you pay for working.

Author Ijeoma Oluo wrote a separate article about spending the royalties from her bestselling book on a house for her mom.

A big check, for $70,000. No, we’re not talking a big Publishers Clearing House grand-prize check, but it was definitely the biggest check I’d ever held with my name on it.

I gazed at the statement, then closed my eyes for a moment and said to myself:

“I can build mom a home now.”

It was the first time I felt truly successful in every sense of the word.