Wednesday, October 31, 2007

Culture blurb...win lottery, get poor

ONE THIRD OF LOTTERIES WINNERS are in financial trouble five years after winning."Roughly one-third of lottery winners find themselves in serious financial trouble or bankrupt within five years of turning in their lucky numbers, according to Chelmsford wealth counselor Szifra Birke.
“For many people who come into wealth suddenly — whether they win the lottery, receive an insurance settlement or an unexpected inheritance — if they have not acquired good money skills prior to this windfall, often they struggle and make poor choices,” Birke said." According to one winner, "it is very depressing"




Makes me think that money can't buy fulfillment.