Brewster’s Millions: Could You Spend $30 Million in 30 Days?
There have been many movies made about money. One of the more interesting — at least from a spending perspective — was Brewster’s Millions. The movie was based on a novel written in 1902, and is one of 10 films based on that novel.
The main plot point of the movie is that Brewster has to spend $30 million in 30 days in order to get an inheritance of $300 million. Of course, he does have the option to accept $1 million up front and avoid trying to spend all that money. If he takes the $1 million, the rest goes to charity (minus a fee for the law firm executing the will).
Personally, I’d take the $1 million. I can’t even think about what I’d do with $30 million, much less $300 million. Plus, I’d feel great about the money going to charity. But that would ruin the point of the movie, and, of course, a thought experiment for the rest of us. The 30-day challenge comes with the following rules:
- You can only donate 5% to charity.
- You can only gamble away 5%.
- You have to get value for services you receive (no extravagant tipping just to spend money).
- You can’t own any assets already not yours at the beginning of the challenge.
- You can’t tell anyone what you’re doing.

I love all of Forbes’ sports related money/valuation/richest lists. Every year I take a peek at the
Last Thursday,
A few weeks ago, as Warren Buffett has done every year for now its 14th year, was the eBay auction of lunch with Warren Buffett and seven of your closest friends at Smith & Wollensky in New York. The proceeds go to the GLIDE in San Francisco, a charity that fights poverty, and an issue close to Buffett’s heart. We’ve followed the auction every year because I find it to be exciting with
The Top Money Guru poll closed yesterday and while we compile the results, I thought it would be fun to take a look at the responses from the personal finance blogger community. We did the same exact poll except we asked personal finance bloggers just to see if their results were any different than yours.
Last month, you probably read about Lauryn Hill being
When Redfin first launched, I thought it was going to change the way real estate would be bought and sold forever. In the years since its introduction, I was surprised that not much had changed. Redfin’s system is pretty straightforward – you do the searching, you schedule visits with a showing agent, you make offers with a second agent who only does offers, and then you get a refund of the buyer’s agent commission if you get the house. For someone who likes to do everything themselves, it seems like a great deal because you get half of the agent commission back. The reality is that very few sales are this straight forward and easy. There’s always some negotiation, some unforeseen problem, and rarely is it smooth sailing into the close.
ON June 6th, we’ll be holding our first Tweetchat on the subject of Investing Strategies for New Graduates with our special guest


comments