This might be old for a lot of people, but was new to me. A person just passed me a video that I thought was such an embarrassing yet true example on how some people with a lot of money simply think that is the answer to everything and so they neglect to try and educate themselves about various things.
The video was a news report that aired in the US which revolved around people lining up for the iPhone as a lot of people stayed up very late to be near the front of the line. There was a lady who apparently wanted to buy a bunch of iPhones and Ebay them to make a profit and she brought with her well over 5 figures worth of cash it seems. Basically, she intended to pay the person for the first spot in line and then buy virtually every phone from the store. Anyways, for those who havenâ€™t seen it you can watch the video first below and see what happened:
In some ways this reminds me on how people tend to lose the value of money by having too much of it as well. I guess this kind of shows that money is no replacement when it comes to knowledge and making sound decisions as your money can definitely work for you, but it canâ€™t think for you.