Post
Topic
Board Gambling discussion
Re: 5 Things You Need to do After a Big Win.
by
laijsica
on 05/11/2024, 11:25:24 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.
        
Your initial decision to do what is necessary to live a luxurious life is right and you should be more aware of additional luxuries to earn more. You should focus more on investments so that there is a possibility of getting regular profits from them and also long term and short term investment decisions can guide you financially positively. If I could win I might as well put myself with the same needs as you.

In fact with age your tendency to fulfill your needs and dreams may change and you may have better expectations of winning if you can manage yourself properly without becoming addicted. But I will tell you that you must fulfill your needs and for that you should do it through hard work because if you keep spending extra money to win then there is a high chance of getting addicted in the end.