Quote from: Fivestar4everMVP on Today at 10:24:56 AM

Quote from: Solosanz on Today at 10:04:51 AM

Quote from: Biscutard on Today at 01:14:58 AM

I do not think they will listen because they do not need to be corrected what they need is to realize how wrong they are with the thought of gambling to earn as their primary source of income..
As long that kind of mindset is still imprinted to their minds they will never get to listen what everybody is trying to say, this is base on my own personal experience with dealing to a person which was my former co-worker in the same department who quit and resigned his job because he hit big in gambling and he tried to continue his living by doing more of the gambling work. We have not seen for a long time now but I heard he is now working again to a different company in which he again started at the bottom position.

Different person will have different threshold, if you're get paid for $1K per month, but you win $100K from gambling, most people will resign because they think their jobs aren't worth it anymore. However, when someone don't have experience to manage big amount of money, they usually spend their money for unnecessary thing and believe it's a good investment.

That's why someone who won a lottery mostly back become poor because they can't manage their money.

Well, you are right, but then, people who fall under this category are mostly people who are possibly just hitting the big amount of money for the very first, or people that have been sworn for; that for the rest of their life, they will remain useless.

Some body like myself whom over the years have gained wealth of experiences, have risen and fallen atleast, two times, have learnt a great lesson on how to economically and effectively manage money, no matter how big the amount of the money is.
So, for me, assuming I was working in a company where the pay me even as high as $5k per month, if I win up to a hundred thousand dollars from gambling, I will surely quit my job, but not retire completely from working, but rather, I will quit my job to start my own business, that gives me more time to effectively do meaningful things with my life.

But all the same, it is mistakes that make peopl learn, it is best to learn from other people's mistake, but those who fail to learn from other peoples mistakes will be forced to learn from their own mistake, but the risk that comes with learning from our own mistake is that, sometimes and for some people, they don't get a second chance after messing up their first opportunity.
And this is one reason why we must always strive to gain knowledge, and use every winnings from gambling jeodiciously for the betterment of our life.

There's a tendency for folks to get caught up in the moment when they get a big chunk of cash and blow it all. You're talking about investments and growth beyond that. Anyone who's watched the economy fluctuate knows how important that thinking is.

Its more than smarts. You need discipline to keep making enormous money. Additionally, your discussion on continuous learning and planning is spot-on. Using prizes to establish a business goes beyond money. Taking charge and creating something you identify with. Many dont realize this. Quick cure is all they seek. Real financial mastery requires long-term thinking, uncertainty, and smart risks that could change your life.