Careless What separate’s a person from their money is when they do not know how to stop spending, but what keeps a person with money is when they know how to save. The different stories that I read I learned that most people that come into a large amount of money do not know how to stop spending. Saving money played an important role in many people’s life that won the lottery, well the ones that didn’t end with them going broke after they won the lottery. Being able to buy a nice home, car, and treat yourself to the finer things in life is cool. When you don’t know when to stop that is when you have a problem. Reading the article about Andrew “Jack” Whittaker a 55-year-old West Virginia man that won $315 million by playing the Powerball, …show more content…
A woman name Sharon Tirabassi won the lottery for $10.5 million by playing the Canadian Lotto Super 7. You would think that if someone won that amount of money they would be finically stable for a nice amount of time. Not If you buy a big house, fancy cars, designer wardrobe and taking exotic trips and threw fancy parties, that is what Sharon Tirabassi did. She also gave friends handout and loans which weren’t paid back. Out of all the things that she did for herself and others the only thing that she earned was a living pay check to pay check and catching the bus. Some people when they get a large amount of money they are not use to seeing if there are other things that they can put their money into. They usually end up getting their wants and not their needs. Typically, your wants lead you back to being carless with your money. If Sharon Tirabassi was not carless with her money, then she would probably not have to live pay check to pay check and not have to take the bus. For her being so carless with her money she lost it all and now Is back to …show more content…
For example, when you’re playing and thinking about the things that you will be able to buy with your millions of dollars that you will win, such as that trip that you have been planning your whole life. Even last week when my class and I decided to play the lottery; I was thinking about several many things that I will be able to buy with my millions. On the other hand, most people do not think about the money that they are spending on the tickets that they are buying. The little dollar that they are spending starts to add up against them; Think about the other things that you would be able to do with that dollar such as starting a savings account. Today, most people do not know the importance of saving money, it seems like the meaning of saving money has been lost. When I was growing up I always was taught to save money and not to spend your hard-earned money on frivolous things. I was taught to put half away because you would never know when you will need some extra cash.
Some people might say that, it’s okay to spend your money on things that you always wanted. We all would want to have that big house or that dream car that we always dreamed about, but that is when you must draw the line. Going from having your dream car to having to take the bus is the outcome of being carless with your money. No one would want to go back down that road; well I know I wouldn’t want
The repercussions of attaining or lacking money changes based on the situation of the person possessing it . One could use money as an instrument to create happiness in spite of its vile nature. On the other hand one could be corrupted by it based on what it 's used for or the impact it has on that person 's character. Based on my personal experiences money has always been the one factor that restrains my family from experiencing constant happiness. But that 's not necessarily the same situation for every family. In “The Glass Castle” the Walls family drifted further apart in result of coming across money. The glass castle was an exciting book with a very unique and adventure seeking family. Rex Walls sand Rose Mary Walls were the parents of Jeanette, Lori, and Brian Walls. Initially the family was poor but over time their wealth would increase and decrease creating a series of complications that the family had to face. While encountering wealth, due to the passing away of Rose Mary’s mother who left her a large house in Phoenix and some money, the family felt out of place because they 've become so accustomed to their lifestyle of struggling. “City life was getting to dad. “I’m starting to feel like a rat in a maze,” he told me. He hated the way everything in Phoenix was so organized, with time cards, bank accounts, telephone bills, parking meters, tax forms, alarm clocks, PTA meetings, and pollsters knocking on the door and prying into your affairs.” (106) Their father
A person’s materialistic addiction can significantly affect their ego. Due to their lust, it can influence their actions and decisions. A person’s obsession toward a material such as money causes them to not be able to see the several possibilities that can happen to them or to others. As people are able to gain what they want they do not feel satisfied of what they already have. They do not pay much attention to others and they only focus on what they want to get. They can decide to exploit others for their own selfish thirst for their desires. As they are not able to realize the problems they can lose more than what they just have such as their loved ones. They become consumed by what money can bring them, and they yearn for it without ever stopping.
In our society, we are all divided by our social status. Even though we are all equal under our Creator’s eyes, this generation is very judgmental by what we have, drive, wear, eat, and do. Some people are satisfied when they get what they need, and some are not. And it is all because of how much wealth and money we make. Do we really know the importance of needs and wants? Do we really know what they mean? There are a lot of aspects to define this particular debate. It is all our decisions and no one should judge us, and it should not affect others. On the other side, spending money flash is moving, can be a good influence or bad example.
"Money has never made man happy, nor will it, there is nothing in its nature to produce happiness. The more of it one has, the more one wants." (Benjamin Franklin). We are never satisfied when we are focused on objects as opposed to fulfillment in life. People are constantly striving for fulfillment, we always want the next big thing, the latest and greatest, life has become a competition for who “seems” the most fulfilled. True fulfillment comes from within. It’s not always material things or luxurious lifestyles that money can buy, it’s more deep than that its pure happiness and satisfaction for attaining your own personal goals and achievements.
Money is a main worry for some people. It is a necessity for anyone who is trying to succeed in life. Many believe that the only way to success is to have a
It is said that right before someone dies, they see their life flash before their eyes. They are said to see the things most dear to them. However, no one on their deathbed regrets the amount of money they have. In the moment of clarity, most realize that a number on a paycheck is not as important as emotional and mental possessions. People always tell each other that money can not buy happiness, yet most end up spending every waking moment thinking about money. Why do people waste their time and energy pursuing something that is not what they truly need? Often, people use social class to escape a void in their lives that can not be filled with materialistic possessions. Many people realize this rarely
Some people think that this money will solve all of their problems and in most cases it will. Receiving large amounts of money overnight can eliminate lifelong problems instantly, or prolong them depending on the type of person you are. If you are having personal problems in your life, then having large amounts of money will most likely magnify those problems. If you were a drug addict before winning the lottery, most likely you'll become a bigger drug addict after winning the lottery. If you had a weakness for prostitutes before winning the lottery, then your weakness will become even weaker after winning the lottery. A survey conducted show that a little more than 50% of jackpot winners claim that they're happier after winning the jackpot; so I guess money does buy happiness to a certain degree. Money can be a crutch to a better life or allow you to do things you wouldn't normally do which can lead to your demise if you're operating negatively. This is why we hear stories on E! True Hollywood Stories about 'The Curse of the Lottery' which covers the downside of winning the jackpot. You would think that money brought on problems to these lottery winners but, in fact, some of these people and families were already going through problems long before winning the jackpot. Money simply exploded and magnified who they were enlarging their
Money is everything. It causes war, divorce, depression, and even murder. It can also cause infatuation, happiness, and save lives. The point is, money has a large amount of influence in the world, so it is quite surprising when money management is an issue. Everyone should have at least basic knowledge of money management, so upon reading Wired For Wealth I understood why it is part of the curriculum. This is why I am going to summarize the chapters and show what I have learned in each chapter.
There are two types of people, the one is spending too much money on things that aren't even worth it, and the other one is a very careful in spending money. How about you, in what type of person are you into?
Most people want more financial abundance in their lives. Even those who appear to have plenty are looking for more. The hard reality is that financial freedom doesn't always come with more money. It's not unusual for the average person who pursues financial abundance to hit a ceiling, and then want to go through the roof. The toys are lined up in the garage of a 5,000+ sq. ft. home and the closets are full of designer clothes, but there is something lacking. That's when some go looking for ways to bring the wealth of peace into their lives.
In life we all have specific things that we want or we want to upgrade something we already have which both require money. We develop a craving for money and start to think about ourselves and what we want rather than what the family needs or wants. Craving more money and objects makes us more likely to be un-happy with our lives because we don’t have what we want or we don’t feel wealthy enough. Money often times gets in the way of our happiness because most things require money and we don’t have the amount needed to satisfy our wants. Someone who craves money and things could have every luxury they want and still be un-happy because they don’t feel wealthy. When an individual who craves wealth and things develops a family the kids will be spoiled as well and feel as though they deserve the same way and should have
What I have noticed from my generation and my peers is that the general mindset when it comes to finances is to earn today, spend today. One of the most common financial pitfalls people my age face is not saving. As it is, going to college creates many financial obligations and essentially this results in people spending more than they earn. According to a CNBC article written by Abigail Hess, “over 44 million Americans hold a total of $1.4 trillion in student loan debt.” Furthermore, my peers fail to recognize where their money is going and where they are spending it. Without spending plans, they end up spending money on extraneous unnecessary items. This concept of “Treat yourself” has gone from being an every once in a while idea of rewarding oneself with an
Once you have a taste of what it is like to have more money than you need, you start to want more and more. You start to care less about others and only worry about what you can do for yourself. Once you let money take control you start to lose the people you love and care for. You could even possibly lose everything you have worked for by putting it on the line just to gain more money. Like Jacob Needleman said in his book, Money and the Meaning of Life, “It has a power to bring people together as well as tear them apart. You can’t escape money. If you run from it, it will chase you and catch you.” (Needleman, Money and the Meaning of Life.)
Someone once said, “The real measurement of your wealth is how much you’d be worth if you lost all your money.” This is saying that if you have money would you be the same or would completely change. There are people who have to have money to live whereas, there are other people who don’t have to have money they just have to have love and compassion. Now, I am someone who doesn’t have to have money, but not everyone is like that. I see the advantages and the disadvantages of your own money. Some advantages of earning my own money are buying what I want, helping people, and buying necessities.
To begin with, we as the people can all agree that money is important. But money is neither good nor bad. If you stop and think about it money is just something that we all use to build ourselves, our families, our lives as individuals, and whatever else that may matter to us. We as people want money to feel secure and to not have the same worries we would have if we didn’t have any. At the end of the day, no one wants to stress how things are going to get taken care of. Money is important because it allows you to have more control of your life. The more money you have the less limitations on the choices you must make. It just gives you that peace of mind. Money simply helps you keep your head above water.