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?
Financial advice is useless on the case of your uncle because that is not what he really needs, he has associated money with an exuberant lifestyle he cannot really afford, what he needs is to adjust this particular view of the world that he has and this can only be done with a therapist, otherwise even if he were to do the right thing with that money for a while he will eventually spend it by partying all the time as he has done on the past.