Quote from: dunfida on December 11, 2023, 08:28:09 PM

Quote from: DrBeer on December 11, 2023, 07:44:34 PM

Quote from: Pi-network314159 on December 10, 2023, 09:03:51 PM

Greeting to you all. I seek financial advice from you guys. My uncle who happens to be a contractor has been winning several contracts, but when the money comes all his plan becomes void simply because he I'll end up going to parties, drinking, womanizing and living a luxirious lifestyle. Although he is married and had kids but his youthful exhubirant has not yet left him even as his married and it's causing alot of problem in his family. When he has no money he thinks straight but when money comes he becomes unpredictable. He has really sufferd before he had this last chance he made over $5000 now he is seeking for financial advice, so I decided to bring up to this humble room to hear from you guys.

So what do you guys think he would do with such money to financially stabilize without going back to zero point?

You are unlikely to like my answer... But an adult man who has put his entertainment and the satisfaction of his not-so-best needs above all else is an option that is difficult to correct. No amount of “heart-to-heart conversations” will produce results. He will find 100,500 reasons to explain why you are wrong, but he “lives to the fullest, and that’s right.” If a person at his age does not understand what responsibility is, does not know how to manage his “wants”, does not care about his family and friends - do you really think that he can be changed? This is not a child who sometimes does unreasonable things due to lack of experience and understanding. This is a person who has clearly defined his goals, he deliberately leads such a lifestyle. And all your attempts to change something will only lead to a loss of time, energy and faith in goodness, and possibly a deterioration in relationships both with this person and with your mutual relatives or friends.

The only way, provided that his income is not passive, but depends on it, is to simply show him that his income is not eternal, such a lifestyle leads to degradation and therefore in the near future - loss of income, and make it clear that if he he drives himself into such a state - then he can count on your regret, support and help when his life collapses due to his actions. Until he himself wants to change, or is SCARED of the prospects, nothing will change... That is. Some kind of “shock therapy” will be more or less effective. Sorry for the not-so-positive forecast.

PS yes, I understand that this is a relative, but in this situation you are not only unlikely to help him, but you are guaranteed to create a problem for yourself. These are people of the “slow suicide” class, but unlike classic suicides, these can create huge problems for those around them who are trying to save them...

Heart to heart conversations would really be something that he would really be laughing about, just like on what are those earlier mentions that if his wife isnt someone who do able to control him then expect that you
which is out of their family or simply being a relative wont really be that able to convince him. There's no way that could really be able to convince someone on stopping gambling specially that he had been doing
this for a while now and since he's really that earning some good amount of money then he wont really be calling this as a potential issue if ever there's someone who would really be telling this about it.

It would really be just that so normal for a human being to have that kind of hard headed kind of behavior on which they would really be that continuing on things that they would gonna do
as long they would really be that making themselves getting satisfied on what they are doing. Just let him be on what are the things that he would really be doing because
its his money not ours and if he do ends up on getting those huge losses then it is really just that right since its his decisions to made of which it resulted into such disaster.

That's what I'm talking about ! There are people who live only for themselves, only today, not thinking about tomorrow and not caring about their future. And it is actually pointless to change their mind, he will still be sure that he is doing the right thing. The only "cure" for such cases is only his personal, negative experience, which he will get by continuing this way of life.
Yes, the heartache remains - that this is your loved one and you would like to help him, but.... Unfortunately, life is not perfect, and there are disappointments in life.
I hope that the person mentioned by the author of the topic will realize that he is just living his life!