Comments on: Would winning the lottery simplify your personal finances?

By: The Power of 1 Can Simplify Your Personal Finances | Simple Financial Lifestyle

Sat, 11 Dec 2010 03:47:05 +0000

[...] thinking yes one very large number can help me simplify my personal finances. If you read Would winning the lottery simplify your personal finances?, you will know that I do not believe having a large amount of money will simplify your finances. [...]

By: B Simple

B Simple — Tue, 29 Jun 2010 01:26:07 +0000

Thanks for the great comment. Your comments are so on point and quickly summarize my blog post.

By: Lottery Guy @ Lottery Tips

Lottery Guy @ Lottery Tips — Thu, 24 Jun 2010 05:44:44 +0000

Fact is too many jackpot winners somehow manage to blow all their winnings and end up back where they were.

It just seems impossible. But people who don’t understand how to control small amounts of money make exactly the same mistakes with big sums.

So if you really want to plan for you big win – it will pay you to get your head firmly around your finances now rather than later!
Lottery Guy @ Lottery Tips´s last blog ..What Happens To Lottery Winners (Stay Anonymous)!

By: Euromillions Tips

Euromillions Tips — Sun, 28 Feb 2010 17:55:42 +0000

Your personal finances need to be controlled no matter how much money you have in the bank.

Managed correctly a jackpot lottery win should enable you to be financially secure for the rest of your life.

Handled poorly without control even a large lottery win can be squandered away to nothing.

The first thing to do is use the financial advisors recommended by the lottery.

They can help you to decide whether to work or retire, how much support you can give to charities and family members.

By all means have a party to celebrate and book a holiday, but after the initial excitement you need to organise your money so that you can live happily ever after.

Of course if I win big on the lottery I’ll take a few financial advisors with me on my holiday.

There is no reason why you cannot take advice and relax on a beach at the same time!

By: nick

nick — Sat, 13 Feb 2010 12:04:26 +0000

It probably wont simplyfy our finances, but will make you more relaxed about things!

No need to worry about going to the shopping mall, and thinking i cant afford anymore!
nick´s last blog ..Lottery Syndicate – Join & have a GREATER chance of winning the Jackpot!

By: Friday Finance Followers – Site Updates Edition | Suburban Dollar

Friday Finance Followers – Site Updates Edition | Suburban Dollar — Fri, 11 Dec 2009 13:38:16 +0000

[...] asks if winning the lottery would simplify your simplify your personal finances? I am fairly certain it would overcomplicate my finances. I have a hard enough time managing the [...]

By: Money Funk

Money Funk — Mon, 07 Dec 2009 18:10:09 +0000

Nice post. And you’re right, definitely need a plan/budget for when you win the lotto (my husband says he feels it in his bones that we are suppose to win big one of these days *cross fingers*

These guys are definitely going to need it!
Money Funk´s last blog ..Menu Plan Monday