Jon Kehoe of Wisconsin is the perfect person to take notes from if money management isn’t one of your strengths. In this article, it speaks about a thirty year old man who won a million dollars by playing the McDonald’s Monopoly game. Most people in his condition would have purchased new vehicles, homes, wardrobe, trips, and the list could continue for days. However, Jon spends his money modestly and remains the same individual he was before the big check.
Prior to winning an unexpectedly large sum of money, Jon was a laid off construction worker living with his parents while receiving unemployment. He was a T-shirt and jeans type of guy who drove a Chevy Compact. Each year McDonald’s awards him in $50,000 increments until year 2030.Jon never had much growing up a story many Americans can relate to. However, for some reason he isn’t using that as an excuse to squander his money carelessly.
Jon surprisingly still stays in his parents’ house paying rent and still drives the same Chevy Compact. He sticks to his baseball caps, jeans, and Ts. He has helped his parents with home improvements and attends every brewer game. He is currently unemployed and looking for a job within construction. He has bank advisors assisting him with how to save and invest his money. He is considering becoming a new homeowner next year. Despite the money he has, he still clips coupons and search for shopping bargains.
Many people spend their money carelessly just because they have it at their disposal. However, what lots of people fail to realize is that the more you save, invest, and bargain with your money is how people not only get rich but remains rich as well. If America as a whole had Jon Kehoe’s view on money maybe we would be happier and more financially secure homes.