Finance & Fury Podcast

Welcome to Finance and Fury Have you ever thought about What would you do if you won the lotto? What would you do with it? This depends on many things: the size, type of lifestyle, and how much you value money now. Today: Talk about how winners end up with no money The tricks and psychology used to make people buy tickets   Who plays the lotto? 11 million participate in gambling 6 million have bought a lotto ticket or scratchie 1 million spend more than 10% of their annual earnings gambling What happens when you win the lotto? It can turn out well or not It takes time to learn about money beyond how to spend it You hear many famous cases of how winners lose their winnings These are great cautionary tales How should you spend it Why doesn’t everyone do this? Value – not worked for and there is a lot of it. It depends on mind frames. Not planned for – it is a lot of money in one go, it’s an oversupply or marginal utility. Knowing yourself with money, having self-control and knowing the value of it There