That's what happens when what you own isn't earned.
Sent from my meh, using my meh.
Sent from my meh, using my meh.
More often than not...lottery winners spend all their winnings. One could comfortably live of the interest of 3+ mil, but any less than that, and you probably shouldn't quit your day job.
Personal finance/budgeting should be taught early on and reinforced.
I think something like 95% of all people who win the lottery or otherwise come in to some kind of large windfall amount of cash are bankrupt with 5-10 years because they have no idea how to manage their money or how to make all their new friends/fam understand that NO is a complete sentence. Its sad really.
I think something like 95% of all people who win the lottery or otherwise come in to some kind of large windfall amount of cash are bankrupt with 5-10 years because they have no idea how to manage their money or how to make all their new friends/fam understand that NO is a complete sentence. Its sad really.
One of the kids that played in the same little league baseball with my son went on to the big leagues, and is now back in Ponca mowing yards and coaching little league.
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