While we’ll never be able to accumulate even a quarter of Buffets net worth (reportedly around $70 billion) we all desire a luxurious life of financial freedom.…
In a recent large PowerBall lottery, the prize was reported to be worth $590 million, which could be taken in 25 equal annual installments of $23.6 million beginning today or as a single payment today of $334 million.…
An old man, preparing to die is about to give away all his money. If you had a year or more to live, what would you do with all your wealth? Nowadays one of the wealthiest billionaires in United States, David Rockefeller is agreeing to give almost all of his money. More than 100 hundred million dollars is going to the University of Chicago, The Rockefeller University, the Museum of Modern Art, churches and people in poverty. Helping to fix one of the most worries issues in the world, the needed people, which is a valuable cost. Most of that money comes from the family inheritance, his father John Davison Rockefeller and from the…
We all want to be millionaires, but do we know how to stay that way? Most people don’t know how to handle all that money. These millionaires just keep spending then saving. They just make quite the choices, right? Wrong! For example, NFL players, according to “Broke,” have lost every penny by just spending on random things like buying 2 cars at once. If you have that much money, you need to talk to a financial advisor that you trust. Trust plays the main role in this industry.…
A second issue, is the fact that many newly rich people become paranoid for many reasons. Firstly, after becoming rich, they can’t distinguish a real friend from one that is just interested on their money. Secondly, after lottery winners spend their money with useful things, they start to waste money with useless addictions like casinos, horse races, and money bets. Besides spending money with those addictions, newly rich people start to live this addicted annoying life, which being respected is a synonym for being rich.…
Many people dream of being rich and successful, and while this is not necessarily bad, it is how you implement that money in your daily life that defines you as a person. Working hard, long hours for your money is one thing, but when your goal is to spread your wealth amongst your peers is another. Ultimately, money should be used as a tool to connect with and improve the lives of others. As Maya Angelou once said “people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” Angelou understood the truth that evades this generation; that fame and money mean nothing if they are not backed by…
Wouldn’t it be nice to make millions of dollars annually? Especially, if all you had…
Winning the lottery is something everyone wants. Rarely do people realize that there are also bad effects to having such a large sum of money. A good amount of people that win the lottery are foolish with their money, quit their jobs, or just don’t know what to do with it. The others that win make smart decisions in either investing their fortune, donating it to a good cause, or just helping their family be finically stable.…
If I received $25,000 with no conditions and no return favors required, the first thing I…
I'm staggered by the question of what it's like to be a multimillionaire. I always have to remind myself that I am.…
wealth I can imagine. Rather I want set out to fall in love, have a family and teach my children and support them. No matter at what cost this would be. I would really like to home school and teach them but I cannot deprive them of friends, fun, and experiences that I had and will have.…
Nevertheless, I'd admit that having a million dollars would be a lot of fun. I wonder how much of a million would be left after tax? Yes, I'd most likely give at least a tenth of it to the church and some to the charity. I'd even give some to help the folks who can't help themselves, but, unless I suddenly became some kind of financial genius, all that money would disappear quickly.…
The bad thing about winning a million dollars is the fact that many people would try to use you. It’s been proven that you gain more family members than you knew you had when a bunch of money comes along.…
With the remaining $100,000, I would go crazy with it. I would go buy a new car, buy some stock in a big company, and just buy whatever I feel like buying. After all, I did win the money and its my money to spend how I want to spend it. I should be able to…
WoooHoooo! I won! I won! Just hearing about winning the lottery sounds great, even better if it actually happened! I wouldn’t even know where to begin. I would think I would have to share at least some of it. I also wouldn’t spend all of it.…