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Lottery Winnings Can Lead--To Bankruptcy!
« on: June 24, 2013, 04:24:39 PM »
http://www.kzbb.com/
Posted Sunday, June 23rd 2013 @ 8am by Jim Forsyth


1229_1363302459 - Lottery Winnings Can Lead--To Bankruptcy! - Lifestyle, Culture and Arts


Studies show that most people who win the lottery eventually lose all of that money and are right back where they started ... or worse. Local psychiatrist Harry Croft, M.D., says it's because lottery winners often try to emulate the lifestyles of the rich and famous ... when they're not mentally prepared to do so.

"The assumption is that if we just have the money and the things that money brings, then that will make us a different person," he says.

But it doesn't and Croft says most people aren't equipped, far less taught, how to handle millions and millions of dollars.

"If I win the lottery, all of my problems will be taken care of, I can live the good life and buy all that I wanted, that is the dream."

But that dream often turns into family and friends wanting hand outs, blowing the loot on too many luxuries with little thought for the future.

He says the most successful winners are the ones who stick with the old routine while taking a yearly payment ... not quitting everything and taking the lump sum amount.

"If a person is grounded before they win the lottery, then they are more likely to do satifactorily," he says.

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=73540.0
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islander

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Re: Lottery Winnings Can Lead--To Bankruptcy!
« Reply #1 on: June 25, 2013, 10:02:17 AM »
try me. ;D
Republic Act 8485 (Animal Welfare Act of 1998, Philippines), as amended and strengthened by House  Bill 6893 of 2013--- violation means a maximum of P250,000 fine with a corresponding three-year jail term and a minimum of P30,000 fine and six months imprisonment

hubag bohol

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« Reply #2 on: June 25, 2013, 12:36:16 PM »

Hmm, di jud ka ma-bankrupt kay milyonir man kang daan...

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« Reply #3 on: June 26, 2013, 09:45:35 AM »

buyag.  wa pa tawon mapuno ang akong alkansiyang baboy nga dako jamo. ;D

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« Reply #4 on: June 26, 2013, 01:01:41 PM »
Tinuod ka? Di ka milyonir? Unbelieve-baboy...

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« Reply #5 on: June 26, 2013, 01:04:04 PM »

dili na sija milyonir, bilyonir na! ;D  8)


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« Reply #6 on: June 26, 2013, 01:15:17 PM »

He he, bitaw diay. Ambot lang hinuon kon dalar bilyonir o sapal bilyonir ba...

;D

Lorenzo

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« Reply #7 on: June 26, 2013, 01:17:26 PM »

he he he, a friend told me that those who really are rich are quiet about their wealth. ;)

i wouldn't be surprised if you, nong, are really a millionaire....

hubag bohol

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« Reply #8 on: June 26, 2013, 01:24:17 PM »

No comment... 8)

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« Reply #9 on: June 29, 2013, 12:55:50 AM »
lami jud nuon igasto ning kwartang dili hinagoan

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« Reply #10 on: June 29, 2013, 01:29:36 AM »

quiet baya pod ko sa akong poverty.

hubag bohol

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« Reply #11 on: June 30, 2013, 08:17:20 PM »

Hmm, a case of unexplained poverty? :P

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« Reply #12 on: June 30, 2013, 11:37:28 PM »
money is hot; one can spend it quickly. the trick to it is to be wise in holding money..as in knowing how to save.

anyone can gasto, not everyone knows how to save.


hubag bohol

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« Reply #13 on: July 01, 2013, 05:54:21 AM »
OK ra baya pud kon ipanghatag...



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