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  #1  
Old 09-03-2010, 10:04 AM
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Free money....

Free "found" money does not help stem bankruptcy. It seems when you don't earn your money you treat it differently than when you earn it. Surprise, surprise, surprise. What implications does that say to you?

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  #2  
Old 09-03-2010, 12:03 PM
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Can't teach an old dog new tricks...a lot of times bankrupcy is a product of poor financial management (though obviously there are other situations too). Give someone a ton of money and they're going to piss it away even faster unless they were able to learn how to handle and save after the first time around. I am not too surprised by this study.

e.g. instead of misusing $1000 on "oh I just want that pair of jeans", it is $150,000 on "Oh I have enough money, I just want that car", bigger stakes.
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  #3  
Old 09-03-2010, 12:33 PM
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That's why poor people are always poor, they just don't understand how to handle money.
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  #4  
Old 09-03-2010, 12:53 PM
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Say I win the lotto.. What would I do? pay off any and all debts and save the rest or invest it into my home or business.
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  #5  
Old 09-03-2010, 01:00 PM
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Originally Posted by TheDon View Post
Say I win the lotto.. What would I do? pay off any and all debts and save the rest or invest it into my home or business.

c'mon dude.... party like a rock star!!! fast cars and faster women..
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  #6  
Old 09-03-2010, 01:02 PM
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Originally Posted by cmbdiesel View Post
c'mon dude.... party like a rock star!!! fast cars and faster women..
Nah, I'm alright. All I need is a house I'd like(nothing stupid big) a 4 car garage(double stacked) and a daily driver lol
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  #7  
Old 09-03-2010, 01:11 PM
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I'd probably pay off my college loans providing there was enough to cover them~!
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  #8  
Old 09-03-2010, 01:52 PM
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I'd probably splurge on some name-brand beer.
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  #9  
Old 09-03-2010, 01:55 PM
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Originally Posted by SwampYankee View Post
I'd probably splurge on some name-brand beer.
Like PBR?
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  #10  
Old 09-03-2010, 02:01 PM
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Originally Posted by tbomachines View Post
Like PBR?
It's a step up from the black & white label "BEER".

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