Everyone has an opinion, but with this latest question, around 95% of people are giving one answer, except that answer is wrong.

What Is The Question?

"Would you rather have $100 tax-free every day until you get $1 million dollars or you would rather have $1 million dollars tax-free in one lump sum?"

The Wrong Answer

The majority of people are taking the money and running, but the reason they are taking it is wrong, and the right answer is to take the $100 per day.

Most people said, "Give me the money and I will invest it and make it grow for me". While that answer is great if you have the skills to invest, most of us don't.

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So you will end up like a lot of "Big Money" winning lottery players or pro athletes, who come into a lot of money at once. They don't know how to handle that amount or how to say no, and they will be broke in a couple of years.

The Correct Answer

If you take the $100 a day, that is $700 per week, $2800 per month, $36,500 per year. While you won't be rich, it is like having a second job, and you can slowly learn to invest and save. Plus, you won't have "friends and family" come hound you for money.

@new961buffalo Sorry, but your answer is incorrect and here’s the reason why. #wouldyourather #chooseone #pick #fyp #foryourpage #feelgoodmorningshow ♬ original sound - The New 96.1

 

Which One Are You Picking?

So, if you had to answer the question, are you making the right decision?

Let us know HERE or send us your thoughts using our APP.

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