I love when people are like “if you get a windfall of money you’ll probably go bankrupt. Look at the statistics from lottery winners, 70% of them end up broke.”
Ah yes, a subset of the population whose only common traits are that they gamble and make objectively terrible financial decisions. Obviously this group should be the benchmark for the financial literacy and money management of the general population.
I love when people are like “if you get a windfall of money you’ll probably go bankrupt. Look at the statistics from lottery winners, 70% of them end up broke.”
Ah yes, a subset of the population whose only common traits are that they gamble and make objectively terrible financial decisions. Obviously this group should be the benchmark for the financial literacy and money management of the general population.