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GeneralRe: Perseverance Pin
Maximilien20-Feb-21 10:09
Maximilien20-Feb-21 10:09 
QuestionIf you won the lottery... Pin
  Forogar  19-Feb-21 5:58
professional  Forogar  19-Feb-21 5:58 
AnswerRe: If you won the lottery... Pin
Mike Hankey19-Feb-21 6:01
mveMike Hankey19-Feb-21 6:01 
GeneralRe: If you won the lottery... Pin
Cp-Coder19-Feb-21 6:52
Cp-Coder19-Feb-21 6:52 
GeneralRe: If you won the lottery... Pin
Mike Hankey19-Feb-21 7:27
mveMike Hankey19-Feb-21 7:27 
AnswerRe: If you won the lottery... Pin
Rick York19-Feb-21 6:14
mveRick York19-Feb-21 6:14 
AnswerRe: If you won the lottery... Pin
Richard MacCutchan19-Feb-21 6:15
mveRichard MacCutchan19-Feb-21 6:15 
GeneralRe: If you won the lottery... Pin
Kirk 1038982122-Feb-21 4:07
Kirk 1038982122-Feb-21 4:07 
Curious question... What is the difference in how you value money and how your children value money?

I often find that people like you think of money in terms of effort required to acquire it, and people who can't seem to hold onto it seem to think of it as "a medium of exchange", meaning "something I must give up, in order to get what I want".

I say all of this, because throughout my life, I can say that this seems VERY TRUE to me:

The last thing a person with financial problems needs is more money!

This is why most people who do win the lottery are worse off 5+ years later.
The problem is usually their value system... That must be fixed first.

I am proud to say my daughter values money like I do. "A storehouse of prior work effort", and at a young age has a retirement plan, owns a little BITCOIN, and only has a car payment to develop her credit after college. While using Covid as an excuse to live in as many states as possible, willing to pay that rent vs. staying at home for free (so, not being stingy, but extracting maximum value)...

I hope your children find their footing. Dave Ramsey, The Wealthy Barber, FIRE are all things I would share with them. (I usually start by explaining Net Worth vs Monthly Expenses, LOL)


modified 22-Feb-21 11:32am.

GeneralRe: If you won the lottery... Pin
Richard MacCutchan22-Feb-21 5:04
mveRichard MacCutchan22-Feb-21 5:04 
GeneralRe: If you won the lottery... Pin
Kirk 1038982122-Feb-21 5:33
Kirk 1038982122-Feb-21 5:33 
GeneralRe: If you won the lottery... Pin
Richard MacCutchan22-Feb-21 5:41
mveRichard MacCutchan22-Feb-21 5:41 
AnswerRe: If I won the lottery... Pin
OriginalGriff19-Feb-21 6:30
mveOriginalGriff19-Feb-21 6:30 
GeneralRe: If I won the lottery... Pin
CPallini19-Feb-21 7:27
mveCPallini19-Feb-21 7:27 
GeneralRe: If I won the lottery... Pin
  Forogar  22-Feb-21 2:20
professional  Forogar  22-Feb-21 2:20 
GeneralRe: If I won the lottery... Pin
K Personett22-Feb-21 19:49
K Personett22-Feb-21 19:49 
AnswerRe: If you won the lottery... Pin
MarkTJohnson19-Feb-21 6:32
professionalMarkTJohnson19-Feb-21 6:32 
AnswerRe: If you won the lottery... Pin
PIEBALDconsult19-Feb-21 6:44
mvePIEBALDconsult19-Feb-21 6:44 
AnswerRe: If you won the lottery... Pin
Marc Clifton19-Feb-21 6:51
mvaMarc Clifton19-Feb-21 6:51 
GeneralRe: If you won the lottery... Pin
pkfox19-Feb-21 11:04
professionalpkfox19-Feb-21 11:04 
AnswerRe: If you won the lottery... Pin
dandy7219-Feb-21 7:05
dandy7219-Feb-21 7:05 
GeneralRe: If you won the lottery... Pin
  Forogar  22-Feb-21 2:09
professional  Forogar  22-Feb-21 2:09 
AnswerRe: If you won the lottery... Pin
Slacker00719-Feb-21 8:03
professionalSlacker00719-Feb-21 8:03 
GeneralRe: If you won the lottery... Pin
Rage19-Feb-21 8:47
professionalRage19-Feb-21 8:47 
AnswerRe: If you won the lottery... Pin
trønderen19-Feb-21 8:24
trønderen19-Feb-21 8:24 
AnswerRe: If you won the lottery... Pin
Jacquers19-Feb-21 8:25
Jacquers19-Feb-21 8:25 

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