Post
Topic
Board Gambling discussion
Re: 5 Things You Need to do After a Big Win.
by
Z390
on 03/11/2024, 07:23:50 UTC
I understand that 'BIG' means different to different individuals. Here by 'BIG' I mean life-changing money (bigger than 20x of your monthly income).

1. Let the money sit in your bank account (wallet) for at least one month. It will allow you to settle down your heightened emotions. Just let the amount sit and do not do anything with it for at least one month.
2. Go on a low-cost, week-long vacation with your family and friends (do not tell anybody about your winnings; do not boast) immediately. It will help you make your relationships stronger and will certainly help in doing step 1.
3. Do not change your lifestyle immediately, as it will help you to remain disciplined, which will eventually help you out to earn even more.
4. Consult a certified financial consultant and invest in a diversified portfolio other than gambling, probably for the long term, at least 80% of your winnings.
5. If your winnings are even greater and allow you to quit your job, then use your time to learn finance.

If you have any suggestions feel free to addon.
        

This still won't have any impact on someone who was raised in a bad way, that money will be everything in their mind, having a long time away from the money doesn't necessarily mean they will think right.

We are all different like you said and we are also raised differently, normally I will like to let you know that gamblers consists of the most greedy people in the world, take it or leave it, only one percent of gamblers are doing it for fun and thats why many won't accept that you can gamble for fun.

Certified financial consultant? They don't always work on every one, someone who isn't disciplined while they are broke can never become disciplined when they make money.