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MONEY: A Blessing or a Problem?Michael spent almost his entire fortune in 18 months on four homes, a holiday villa in Spain, two convertible BMWs and two Mercedes Benz cars, several quad bikes, and a stake in a football team.There's a great deal of truth in the saying "A fool and his money are soon parted" For some people, Untung million is the answer to their problems, but the reality is more like a nightmare for others. The money can strain relationships with family, friends and neighbors, and can even eventually end innankruptcy It's often very hard for a winner to handle the pressure and all those millions. Most prize winners are not used to having money and making inancial decisions They are vulnerable and become easy prey to people who want to take advantage of them. Winners may lose large sums on Cinvestment they know nothing about, or they might go in with a partner who may not know how to run a business
Willians "Burn" Pust won 816.2 million.He has rejected flashy cars, expensive vacations, and a move to a luxury mansion in favor of handing out his jackpot to others.Besides giving a huge amount to children's charities, Mr. Bradley has spent his fortun helping to make the dreams of his family and friends come true.Bob
Bradley, an 83-gear-old great-grandfather, won 50.17 million in May 2006.
Original text
MONEY: A Blessing or a Problem?
There's a great deal of truth in the saying "A fool and his money are soon parted" For some people, Untung million is the answer to their problems, but the reality is more like a nightmare for others. The money can strain relationships with family, friends and neighbors, and can even eventually end innankruptcy It's often very hard for a winner to handle the pressure and all those millions.
Most prize winners are not used to having money and making inancial decisions They are vulnerable and become easy prey to people who want to take advantage of them. Winners may lose large sums on Cinvestment they know nothing about, or they might go in with a partner who may not know how to run a business
Willians "Burn" Pust won 816.2 million. "I wish it never happened. It was totally a nightmare," says Post. He tried to help his family, but things didn't work out. A brother was arrested for trying to kill him, hoping to inherit part of the money. Post went into a car business and a restaurant with his children, hut the two ventures were failures. He eventually (went (broke and now he lives on $450 a month and food stamps
For many people, sudden money can cause more than financial disaster. The most notorious case of poor use of prize money in recent times is that of Michael Carroll, who won £97 million ($17.1 million) at the age of 20. Michael spent almost his entire fortune in 18 months on four homes, a holiday villa in Spain, two convertible BMWs and two Mercedes Benz cars, several quad bikes, and a stake in a football team. Sometimes money can make people insame but that isn't the case with Michael Carroll. He was a nuisance before, and decided to continue being a
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misance. Michael has been in constant trouble with the law, and has paid thousands of dollars in fines for vandalism. Reports say that he is nearly broke. But not everyone is like Michael and Bud. Bob
Bradley, an 83-gear-old great-grandfather, won 50.17 million in May 2006. Besides giving a huge amount to children's charities, Mr. Bradley has spent his fortun helping to make the dreams of his family and friends come true. He has rejected flashy cars, expensive vacations, and a move to a luxury mansion in favor of handing out his jackpot to others. He said: "T haven't kept any money for myself. I can just give any family all they ever wanted. I've had my life more or less, so this win is for their benefit."
So if you ever win a big prize, seek an advisory team to help you make important financial decisions and a good psychiatrist to help you keep pour sanity
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