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Judging by the number of multi-million dollar lottery winners who file for bankruptcy within five years, there's a lot of money being wasted. It's disgusting to read about. People don't seem to take any financial advice. They just go through the winnings like it's water. New homes, cars, boats...all the trappings of contemporary "wealth" mixed with bad investments, and then it's gone. Poof.
I could be wrong, but I doubt any of them go bankrupt being good humanitarians.
We'd stick to a basic lifestyle too if we suddenly found ourselves in the money. There's nothing we long for really. Maybe a bit more traveling, and give more, lots more, to the causes we like. But generous multi-millionaires can't fix everything. The people who really could help if they wished to live at ExxonMobil and GE and the like, but they take way more from society than they ever give.
Saw a commercial for one of those furniture wholesale places the other night which is totally illustrative of the prevailing attitude; the couple were pleased that they'd gotten a $3000 dining room set (table and chairs) for $1500. WTF? I must be missing something...Does food taste better off a $1500 table?
The waste of money...people's idea of their own value as it relates to what they own. Pfft.
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