COLLABORATIVE FANTASY
What If I Suddenly Became Rich
A thought experiment on using a cool million

“I am particularly interested in what Rasheed Hooda would do,” wrote my friend Timothy Key in one of his recent stories.
A lot of people have, over the years, offered me “a penny for your thought,” but never a cool million. Wow! I am flattered.
Funny you should ask that today, Tim, as just this morning I was saying to myself that I have always survived, I would like to thrive for a change.
By the way, you are not the first person to pose that question, or something similar. A few years ago, I met up with my friend Alvin-San Whaley in Northampton, MA, when I went on a trip of a lifetime, traversing through 40 states in eight weeks.
Over bagels and coffee, he asked me something that I will try to explain the best as I could. He said if someone came up to you and presented you with fully documented proof that you will receive 30 million dollars to do with it what you will, and you will have 30 days to use it up or forfeit it, how would you go about it.
My initial thought, even before any conscious consideration of it, was that I’d give it away, and I have a humanitarian organization in mind that I support. But somehow, I also knew that was not the correct answer, and that is not what I would do. I said I would have to think about it before I can answer it. He said I was one of the few people who even understood the question.
I don’t remember what I told him I would do with it, but I had an epiphany that day. I realized that I didn’t want to be responsible for money, that I didn’t have the capability or know-how to handle money responsibly. I made a lot of money in my lifetime, but I spent it all, validating to myself that I didn’t know what to do with money.
There is a saying, to whom much is given, much is expected. I had grown up in an environment where I felt that everyone depended on me to be the solution to their problems because I was the smartest one, and my dad had put all his eggs in one basket. It seemed like I couldn’t do anything right. Everyone else wanted me to do what they thought was the best, and no one was interested in what I wanted. At some point, I must have said, fuck it! If I didn’t have anything, nobody could expect anything.
Coming back to your question, Tim, what would I do if I suddenly came upon a cool million? The first thing would be to take out 1/8 of it as God’s right, leaving me with $875,000.
Like you, I would set up something for my two children with a 100 grand each. And give a 100 grand to their mother. That leaves me with $575,000. I would put $75,000 in a liquid fund for use as needed.
I may splurge and sink a 100 grand on something like this.

I know I can live a nomadic life of Bum comfortably at $1000 per month, and I can earn that effortlessly with my multiple profit centers of writing, speaking, and photography. With $75k in the liquid funds, I can keep worries at bay. In other words, I would set up my lifestyle to be self-sustaining.
I’d still have half a million dollars, or at least $400,000, depending on whether I buy the motorhome or not.
To whom much is given much is expected.
I will slowly and steadily invest that money into Kiva Loans. I would mostly work with people in developing countries where the dollar goes much farther than it does in the USA, enabling them to become self-sufficient. I may set aside half of it for angel investments and half of it for microloans. I don’t know, but that’s the direction I am thinking in.
Thanks, Timothy Key, for the challenge. I am now going to pass the baton over to Gurpreet Dhariwal, Trista Ainsworth, and Amy Marley. What would you do if you came upon a sudden fortune?
As always, thank you for reading and responding.
More about me:
Rasheed Hooda is a published author and a regular contributor to ILLUMINATION, a writers’ community on Medium where writers support each other.
He is a self-proclaimed weirdo who lives a Freedom Lifestyle and writes about related topics — Travel (a top writer), Personal Growth, Freedom, and entrepreneurship. (Get the Newsletter)
“You can let others tell you what it means to be successful, or you can decide it for yourself.”
