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Going From Riches to Rags
Many people dream of winning the lotto, but winners soon discover that this is an experience best dreamt than experienced in reality. Winning the lotto is not all what its puffed up to be , it creates more problems than it solves .
There are many examples of people who have won the lotto and within a matter of years have gone on to become bankrupt, the problem emanates from the fact that every one wants a piece of the cake from the government, friends, relatives, the church and even a con men. its not long before the lucky winner discovers he/she has so many friends and long lost relatives all with their little problem or business ideas that needs their assistance ,the government wants tax ,and that there is always some one trying to con you of your money .
The first step in how to avoid going from riches to rags is to learn one simple word “NO”, unless the winner realizes that they can never satisfy everyone’s need yet alone their own. You draw the line between needs and wants and priotise their budget .Sound financial management is the way to go to avoid bankruptcy ,you don’t have to find out the hard way there are many testimonials of people won lotto , became instant millionaires and be for long the were worse off than before they won the lotto .
Good help is hard to find for a small fee you can hire a lawyer to help you out with your taxes , you can get a financial advisor to help you plan how you can spend your money as many people winners usually don’t know what to do with all that lotto cash . A good financial advisor will help you make the best investments with your money, so find some you can trust to avoid being conned. With time you will reap the benefits wise planning rather than fast spending.
Careful planning of your expenses should be your top priority. Be cautious of everybody even friends and relatives, and believe me you will have many. Make good investment decisions such as property, buy yourself a good house. Avoid reckless spending, and then you will see that wining the lotto will become a real rags to riches story for you.
About the Author
Author is a london based owner of the few cool sites
Cool & Create - Rag All Night Long Ep2 -uti-rave-mix.wmv