We, human beings, love to daydream. And I am sure that, at least once in our lives, we had asked ourselves this question, “What would I do if I strike a million dollar lottery?“
There is a myriad ways of using this sudden windfall. The most popular choices are, to buy a mansion, buy our dream cars, or to travel around the world. Others would consider giving them to the needy, saving them in the bank, or invest them in properties and shares.
You see, for most of us, when a significant amount of money suddenly falls into our lap, we simply don’t have the right aptitude to handle it.
“Nearly 70% of lottery winners end up broken within seven years. Even worse, several winners have died tragically or witnessed those close to them suffer.” – Daily News
There are plenty of real life cases of lottery winners ending up deep in debt, divorced, and even dead.
These are proofs that a lottery prize can be more of a curse than a blessing if they fall into the wrong hands.
Often, a substantial amount of money can suddenly appear right in front of us – a lottery, a massive opportunity or an inheritance from a loved one.
Therefore, no matter what our current financial situation is right now, we must always keep ourselves educated and savvy about money.