Categories: Mind & Soul

50 Weird Ways People Go Broke

5. Playing Banker

If you get a lump sum of money, don’t become a banker or a lender, said Edwin Cruz, owner of Prosperity Financial and Insurance in Deltona, Fla.
“I know a couple that was awarded a large sum of money in a settlement. The children and other family members had a lot of business ideas. None of those deals went well, and the couple went broke in about five years,” he said. “Invest wisely, because money can disappear quickly.”

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51

smartlivingtips

Recent Posts

3 Ways to Dodge Taxes Legally & Crazy Loopholes People Used!

As Benjamin Franklin so famously put it, “nothing is certain but death and taxes.” Don’t…

5 years ago

12 Weirdest Taxes You Probably Paid Across the U.S.

What is one thing you can be count on as an American citizen? Taxes, that’s…

5 years ago

6 Things You Can Use Your Extra Money on This Holiday Season

Has COVID-19 ruined your holiday travel plans? You’re not the only one. Unsurprisingly, 2020 does…

5 years ago

15 Things You Should Be Getting Rid of This Winter

During typical years, we spend more time indoors during winter. 2020 has been anything but…

5 years ago

12 Inventions That Shaped the World of DIY-ing Forever

Nowadays, DIY-ing has become so accessible that everybody’s got some skills. Whether you’re into it…

5 years ago

13 Cleaning Mistakes You’re Probably Making at Home

What does it actually take to keep your home and all your possessions clean? Oh,…

5 years ago