~snip~
the problem is that the people who buy lottery tickets are not investors, they are people who gamble, that is, they are gamblers. when these people earn a lot of money they don't have any business plan because it is difficult to do some business, and even if they did some business the chances of that same business would have to consume a lot of money and then go bankrupt and cause a lot of damage to the point of taking the person who made a lot of money in bankruptcy and a very high chance. So by that I mean it's so simple for someone to make a lot of money and go bankrupt. this is because, in addition to what I explained, and that when a person earns a lot of money, that person adopts a different lifestyle
for example, when this person was poor, this person used public transport, now that he has earned a lot of money, this person will buy his own luxury car and a luxury car has a high maintenance cost, it uses a lot of fuel. when he was poor this person had a small house, now that this person has earned a lot of money he buys a very large house in which the maintenance cost, the cost of electricity and the tax are very high so what will you see next is that the money he earned will be reduced every day, month and year and he will be poor sooner or later
but also as I said before, he could become poor if he invested money somewhere and lost, he could become poor if he did some business and went bankrupt. the point here is that it's not that easy to do business in real life, the market is very saturated, it's not easy.
They are not investors, and they buy lottery tickets only because of the desire and hope to win the jackpot as the main prize of the lottery ticket. But some can make money doing something like work, so they can allocate some money to buy lottery tickets regularly. And from there, they hope to win the lottery jackpot and keep buying lottery tickets until they win.
And when they win, they may change their lifestyle according to the money they get from the lottery ticket jackpot. But if that person can be wise by using his money well, he will not change his lifestyle just because he has succeeded in becoming a winner, but he will stick with a simple lifestyle and use his money for future needs. He will only take some money for his daily needs and nothing more, and he probably won't gamble anymore either because, with that money, he wants to have something that can make more money. Thus, that person can use the winning money well and not buy lottery tickets again.
And if he can't use his winnings well, he's bound to lose money fast without being able to allocate his money properly. He would only regret it losing the money.
~snip~
Very few gamblers can do this, and if anything it would not surprise me that someone which won so much money thought they could earn even more if they kept gambling, and this is because even if that is an amount big enough to sustain someone for the rest of their lives if they are living in a country that is still in development, since they do not know how much effort is needed to actually earn so much money, it is easy for them to lose it as fast as they won it.
They will find it difficult to win if they continue to gamble because their luck may have left them. He had to realize that when he could win a lot, he should have immediately withdrawn the money and left the casino a few days later. And with that big winning money, he can live his life without flaws and prepare well for his future. They might appreciate their life more by making all kinds of preparations for their future rather than gambling. They want to be a winner again because they realize it must be difficult.
~snip~
Indeed, if you treat that as a blessing and use it the right way, you can invest the money in a good business or investment that will
allow that amount to grow more.
remember that saying to let your money work for you and not you to work for the money,
if you have that chance/opportunities to win big or to earn big, better not to waste that
opportunity and use it wisely to make more money to continue having a better life for you
and for your love ones.
Yes, I agree with the saying,
and it is indeed money that should work for us and not us who work to earn money.you missed interpret what he said , it is not about us not to work to earn money because we cannot have money if we do nothing and just wait for this to come in our hands , what he said is never let money work for us .
Is that true? What you say is in line with what I said. Think about it. Money that works for us means that we have a source of income that can produce money for us without us having to work. The source of income is not a place to make money. You have to pay attention to how multi-millionaires with a source of income can make money for themselves while just relaxing and enjoying life.
If we do nothing and have no source of income, we cannot have money. We have to work to earn money. Meanwhile, he says, "let your money work for you and not you work for money." What do you think it means?