Sharing Daily Discoveries About Personal Finance And Business Topics

8 Lottery Winners Who Lost Their Millions

business and finance blog

I just bumped into this interesting article on MSN money that you can read here that talks about eight people who struck it big by winning the lottery and due to various decisions they lost it all. Some of the stories are pretty disturbing and it seems like the main theme in these millionaires becoming regular people again was that they tried to please too many other people who requested financial assistant.

I think everyone has been there before where it seems like everyone just wants something from you because in their opinion it won’t affect you that much anyways. For myself in these types of situations, I have adopted the mentality that in many cases I am doing people more harm by say just blindly giving them money as they will just do it again unless they change their habits. Not only that, but if you don’t take care of yourself as well then you won’t be able to help anyone anymore. Like they say, live and learn and I guess these examples are a good eye opener for those who may be in similar type of situation.

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