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14 people on the streets of New York City told us what they would do with $1 million – Finance – Pulselive.co.ke

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  • We asked 14 people on the streets of New York City what they would do with $1 million.
  • Most people said they would help out family members or invest the money in real estate or the stock market.
  • We also asked “What’s the best thing you’ve splurged on?” — some people said vacations and others said necessities like groceries.

Depending on where you are, $1 million can either be a lot of money, or very little.

New York City is one of the most expensive places to live. Business Insider asked 14 people on the streets of the Big Apple what they would do with $1 million dollars.

Fo the most part, people in the streets of New York City said they would help out others first if they had an extra million in their pockets.

We also asked what the best thing people have already splurged on, and some said experiences, like travel, and others thought of necessities, like grocery shopping.

Check out their answers below.

Effy Bergstein, 33


Effy lives in New York with Milo, her dog, and is a student at Fordham.play

Effy lives in New York with Milo, her dog, and is a student at Fordham.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

I bought Milo a $250 bed at Petco, so that was exciting.

What would you do with $1 million?

A million dollars? I actually, I don’t even know if a million dollars is enough for Manhattan to even do anything. I’d probably buy property, like real estate, as an investment. But what can you really get in Manhattan for a million bucks?

Benjamin Cancy, 21


Benjamin is from Brooklyn and works for South Street Seaport.play

Benjamin is from Brooklyn and works for South Street Seaport.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

I would say my girl. If you want to talk about splurge.

What would you do with $1 million?

Well my mom, she always wanted to talk about how she wanted to move to Maryland, so I’d get a little crib out there. Other than that I’d buy me a little crib and I’ll just keep doing what I’m doing until I’m 40 and then retire.

Andrew Maxwell, 61


Andrew is from Australia and works for a small Australian import/export company.play

Andrew is from Australia and works for a small Australian import/export company.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

Well the best thing I’ve splurged on is a mulcher. An American-made mulcher, Milwaukee, saved me heaps of time, given me great joy in being able to shred branches and those sorts of things, and yeah just thoroughly enjoy myself in the garden.

What would you do with $1 million?

I don’t know, probably wouldn’t change my lifestyle at all. Maybe wouldn’t do anything with it, maybe pay off the mortgage, pay off my kid’s mortgage. I think that would pretty well cover it.

Claudia Garbizu, 19


Claudia is a student from Spain.play

Claudia is a student from Spain.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

The food of New York, the food, the subway, I like the subway. The jobs, and the food trucks. Yeah I think that would be all. Actually I don’t know, the apartment and the flight. I don’t know. I like New York, it was my dream since I was a child to come and visit.

What would you do with $1 million?

Oh my god, I will buy an apartment in the top of a huge building to see all the views and the people who come here. I would live like a New Yorker.

John Heffernam, 66


John is retired living in New York City.play

John is retired living in New York City.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

Right there [points to bike]. I highly recommend it. You’ll know if it’s for you after your first ride.

What would you do with $1 million?

Put it in the bank and live off the income.

Malik Jones, 37


Malik lives in Brooklyn and works in security.play

Malik lives in Brooklyn and works in security.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

Groceries.

What would you do with $1 million?

I would take care of my family.

Michael Tweed, 57


Michael is an artist from Canada.play

Michael is an artist from Canada.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

Oh my lord. Splurge is a really tough one. I wouldn’t consider it splurging, that’s the problem. Most things I consider awesome aren’t splurging. Things like trips to here [New York] or Nepal, things like that. If it’s something I want.

What would you do with $1 million?

Well, it would be a combination of investing so I had money to live off of and I would help out a few people I know who could use the money.

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Puspojit Neogy, 34


Puspojit is a programmer from New Jersey.play

Puspojit is a programmer from New Jersey.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

Maybe spending the entire night in Miami Beach, that’s the best thing I ever splurged on.

What would you do with $1 million?

I would probably invest it in some mutual funds.

Jaclyn Burday, 28


Jaclyn lives in New York City and works in fashion public relations.play

Jaclyn lives in New York City and works in fashion public relations.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

Yves Saint Laurent tote.

What would you do with $1 million?

Start a philanthropy to give back, as well as [start] my own business.

Rajesh Kumar, 52


Rajesh is an entrepreneur from India.play

Rajesh is an entrepreneur from India.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

On my personal needs and my wife and her needs. That’s the maximum money I’ve spent.

What would you do with $1 million?

I let her decide what to do [points to his wife].

Roman Larichev, 32


Roman lives in New York City and is a modeling agent.play

Roman lives in New York City and is a modeling agent.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

Travels. Let’s say Thailand.

What would you do with $1 million?

Probably I would start my own business, talent management.

Olga Maxwell, 59


Olga is from Australia and works for a small Australian import/export company.play

Olga is from Australia and works for a small Australian import/export company.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

My car.

What would you do with $1 million?

I’d probably set up some kind of kitchen for the homeless and provide them with some sort of sleep arrangement, like swags or something for the winter so they don’t go cold.

Vivek Kumar, 32


Vivek is a software consultant from New Jersey.play

Vivek is a software consultant from New Jersey.

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

Hopping from one bar to another while in Brooklyn and returning home by early morning at six.

What would you do with $1 million?

I would definitely buy a property here, maybe in this building if they’d give me [pointing to a building he works at].

Russell West, 32


play

(Myelle Lansat/Business Insider)

What’s the best thing you’ve ever splurged on?

Probably vacations, going traveling, spending money to see new sights, new places to go; I mean, yeah, it’s definitely money not wasted.

What would you do with $1 million?

I would probably set some money aside, help out the family, and then invest and turn it into a lot more than that.



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Public officers above 58 years and with pre-existing conditions told to work from home: The Standard

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Head of Public Service Joseph Kinyua. [File, Standard]
In a document from Head of Public Service, Joseph Kinyua new measure have been outlined to curb the bulging spread of covid-19. Public officers with underlying health conditions and those who are over 58 years -a group that experts have classified as most vulnerable to the virus will be required to execute their duties from home.

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However, the new rule excluded personnel in the security sector and other critical and essential services.
“All State and public officers with pre-existing medical conditions and/or aged 58 years and above serving in CSG5 (job group ‘S’) and below or their equivalents should forthwith work from home,” read the document,” read the document.
To ensure that those working from home deliver, the Public Service directs that there be clear assignments and targets tasked for the period designated and a clear reporting line to monitor and review work done.
SEE ALSO: Thinking inside the cardboard box for post-lockdown work stations
Others measures outlined in the document include the provision of personal protective equipment to staff, provision of sanitizers and access to washing facilities fitted with soap and water, temperature checks for all staff and clients entering public offices regular fumigation of office premises and vehicles and minimizing of visitors except by prior appointments.
Officers who contract the virus and come back to work after quarantine or isolation period will be required to follow specific directives such as obtaining clearance from the isolation facility certified by the designated persons indicating that the public officer is free and safe from Covid-19. The officer will also be required to stay away from duty station for a period of seven days after the date of medical certification.
“The period a public officer spends in quarantine or isolation due to Covid-19, shall be treated as sick leave and shall be subject to the Provisions of the Human Resource Policy and procedures Manual for the Public Service(May,2016),” read the document.
The service has also made discrimination and stigmatization an offence and has guaranteed those affected with the virus to receive adequate access to mental health and psychosocial supported offered by the government.
The new directives targeting the Public Services come at a time when Kenyans have increasingly shown lack of strict observance of the issued guidelines even as the number of positive Covid-19 cases skyrocket to 13,771 and leaving 238 dead as of today.
SEE ALSO: Working from home could be blessing in disguise for persons with disabilities
Principal Secretaries/ Accounting Officers will be personally responsible for effective enforcement and compliance of the current guidelines and any future directives issued to mitigate the spread of Covid-19.

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Uhuru convenes summit to review rising Covid-19 cases: The Standard

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President Uhuru Kenyatta (pictured) will on Friday, July 24, meet governors following the ballooning Covid-19 infections in recent days.
The session will among other things review the efficacy of the containment measures in place and review the impact of the phased easing of the restrictions, State House said in a statement.
This story is being updated.
SEE ALSO: Sakaja resigns from Covid-19 Senate committee, in court tomorrow

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Drastic life changes affecting mental health

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Kenya has been ranked 6th among African countries with the highest cases of depression, this has triggered anxiety by the World Health Organization (WHO), with 1.9 million people suffering from a form of mental conditions such as depression, substance abuse.

KBC Radio_KICD Timetable

Globally, one in four people is affected by mental or neurological disorders at some point in their lives, this is according to the WHO.

Currently, around 450 million people suffer from such conditions, placing mental disorders among the leading causes of ill-health and disability worldwide.

The pandemic has also been known to cause significant distress, mostly affecting the state of one’s mental well-being.

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With the spread of the COVID-19 pandemic attributed to the novel Coronavirus disease, millions have been affected globally with over 14 million infections and half a million deaths as to date. This has brought about uncertainty coupled with difficult situations, including job loss and the risk of contracting the deadly virus.

In Kenya the first Coronavirus case was reported in Nairobi by the Ministry of Health on the 12th March 2020.  It was not until the government put in place precautionary measures including a curfew and lockdown (the latter having being lifted) due to an increase in the number of infections that people began feeling its effect both economically and socially.

A study by Dr. Habil Otanga,  a Lecturer at the University of Nairobi, Department of Psychology says  that such measures can in turn lead to surge in mental related illnesses including depression, feelings of confusion, anger and fear, and even substance abuse. It also brings with it a sense of boredom, loneliness, anger, isolation and frustration. In the post-quarantine/isolation period, loss of employment due to the depressed economy and the stigma around the disease are also likely to lead to mental health problems.

The Kenya National Bureau of Statistics (KNBS) states that at least 300,000 Kenyans have lost their jobs due to the Coronavirus pandemic between the period of January and March this year.

KNBC noted that the number of employed Kenyans plunged to 17.8 million as of March from 18.1 million people as compared to last year in December. The Report states that the unemployment rate in Kenya stands at 13.7 per cent as of March this year while it stood 12.4 per cent in December 2019.

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Mama T (not her real name) is among millions of Kenyans who have been affected by containment measures put in place to curb the spread of the virus, either by losing their source of income or having to work under tough guidelines put in place by the MOH.

As young mother and an event organizer, she has found it hard to explain to her children why they cannot go to school or socialize freely with their peers as before.

“Sometimes it gets difficult as they do not understand what is happening due to their age, this at times becomes hard on me as they often think I am punishing them,”

Her contract was put on hold as no event or public gatherings can take place due to the pandemic. This has brought other challenges along with it, as she has to find means of fending for her family expenditures that including rent and food.

“I often wake up in the middle of the night with worries about my next move as the pandemic does not exhibit any signs of easing up,” she says. She adds that she has been forced to sort for manual jobs to keep her family afloat.

Ms. Mary Wahome, a Counseling Psychologist and Programs Director at ‘The Reason to Hope,’ in Karen, Nairobi says that such kind of drastic life changes have an adverse effect on one’s mental status including their family members and if not addressed early can lead to depression among other issues.

“We have had cases of people indulging in substance abuse to deal with the uncertainty and stress brought about by the pandemic, this in turn leads to dependence and also domestic abuse,”

Sam Njoroge , a waiter at a local hotel in Kiambu, has found himself indulging in substance abuse due to challenges he is facing after the hotel he was working in was closed down as it has not yet met the standards required by the MOH to open.

“My day starts at 6am where I go to a local pub, here I can get a drink for as little as Sh30, It makes me suppress the frustration I feel.” he says.

Sam is among the many who have found themselves in the same predicament and resulted to substance abuse finding ways to beat strict measures put in place by the government on the sale of alcohol so as to cope.

Mary says, situations like Sam’s are dangerous and if not addressed early can lead to serious complications, including addiction and dependency, violent behavior and also early death due to health complications.

She has, however, lauded the government for encouraging mental wellness and also launching the Psychological First Aid (PFA) guide in the wake of the virus putting emphasis on the three action principal of look, listen and link. “When we follow this it will be easy to identify an individual in distress and also offer assistance”.

Mary has urged anyone feeling the weight of the virus taking a toll on them not to hesitate but look for someone to talk to.

“You should not only seek help from a specialist but also talk to a friend, let them know what you are undergoing and how you feel, this will help ease their emotional stress and also find ways of dealing with the situation they are facing,” She added

Mary continued to stress on the need to perform frequent body exercises as a form of stress relief, reading and also taking advantage of this unfortunate COVID-19 period to engage in hobbies and talent development.

“Let people take this as an opportunity to kip fit, get in touch with one’s inner self and  also engage in   reading that would  help expand their knowledge.

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