however much i need to pay for college, set that aside. lets just go with a nice round $100k for that
then, id get a modest little house, just for me. (And well, the dog that imma buy as well.) that would run around... eh... $250k to furnish and stuff. Small house, not even a guest room. Then a modest little car with good gas mileage. $40k. maybe a few thousand for high-tech, super awesome computer. Gotta pay the bills and stuff, so set aside $200k to pay for all of the bills for a while.
that leaves $400k...
well, owning a few pets isn't all THAT expensive, so i'll set a few thousand aside for them.
so, $100k for me to spend on whatever. art, games, movies, electronics and stuff.
Whatever is left is going into banks. Gotta keep money saved for gas, bad luck, and other things