The important point to note with the £10M question is the diminishing marginal utility of money. The first million is life-changing (buys a house and a basic pension); the next four million is also life changing but to a lesser extent (gives you a private income and a decent pension, pays off housing and pension for all your first-degree relatives), and the final five million is pretty much pointless -- unless you're into really conspicuous consumption (drop a couple of mil on a house or a yacht, go gambling in Monaco).
It's a lot easier to sign away 25% or 50% of a £10M windfall than it is to sign away that proportion of a £1M windfall, let alone your regular pay packet (to which income you have adjusted your lifestyle).
I only said 10% to starving children because I'd also want to give money to a variety of other places. I'd still keep a large chunk for myself though. Because I'm an evil, greedy bastard.
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It's a lot easier to sign away 25% or 50% of a £10M windfall than it is to sign away that proportion of a £1M windfall, let alone your regular pay packet (to which income you have adjusted your lifestyle).
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I only said 10% to starving children because I'd also want to give money to a variety of other places. I'd still keep a large chunk for myself though. Because I'm an evil, greedy bastard.
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