For a lot of people, money isn’t a number but an on/off switch. Self control in choosing to not buy something isn’t developed, so people who come into money start spending extravagantly since they don’t have the economic limitations keeping their spending in check.
There is also social pressure to spend, since that person is likely surrounded by others with the same mindset.
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What is wrong with my writing?
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Dumb down? There is nothing to dumb down, it’s just that the build up of your sentences makes them hard to read.
Well you keep going posting about it. You took time out of your day to post something negative about another person. Kind of seems like that much effort you must love me and my writing.
It’s not a personal attack, we’re confused because you didn’t finish the sentence.
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Expensive lifestyle until it’s suddenly all gone.
offer money for a percentage of said store why not perpetualy money
wat
If you don’t know how to handle money, getting a couple of million isn’t going to help. You will fuck it up.
Not everyone is smart. Not everyone has the same capabilities as everyone else. Not everyone’s situation is the same. Could be a bunch of reasons aye mate.
One of the big 4 banks here asked our group a question in a job interview once: what would you do with $1 million? Most answers were “id give half to charity and half to my family” or “id give it all to charity”. The only people that were hired (a small few) were the ones that talked about how they would invest it to setup a passive income.
Maybe that helps paint the answer, i dunno, but that really stood out to me when I was younger.
I assume you mean in parts of the world where traditional investments arnt available to most people? The influences I know about personally did try to start businesses, but they knew nothing about starting a business and picked their business partners based on family relationship rather than business experience. Also, they chose one of the five “template” businesses that the government recommends at the small business seminars, and theres just not much market for homemade peanut butter or dish soap. Also, their church, family and spouse had ever increasing demands, and they need new clothes, a car and a new house to reflect their new status, and they took big loans for that. Then the algorithm shifted and their engagement and income collapsed without warning.
Celebrities tend to have very unpredictable cash flows, but most things the wealthy spend money on (including local investments, etc.) come with loans that need to be paid regularly.
