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Once again, it's time for the FNGT!

If you don't know how this works, click this link. That link will take you to another site to give you some additional information and tell you about some of our off-site features. That's also the site where we will host the weekly guitar threads, should Poal go down.

NOTE: That site is by invitation only. If you want an invite, and you're a regular participant, then just ask Crazy, or myself.

If you do know what's going on, you probably don't need to click that link - but you may want to, to make sure you know of the other features, such as the archive or a separate forum that's invite only.

Remember, we are guests here on Poal. Let's act like it. If you're interested in supporting Poal, then you can donate.

Once again, it's time for the FNGT! If you don't know how this works, click this link. That link will take you to another site to give you some additional information and tell you about some of our off-site features. That's also the site where we will host the weekly guitar threads, should Poal go down. NOTE: That site is by invitation only. If you want an invite, and you're a regular participant, then just ask Crazy, or myself. If you do know what's going on, you probably don't need to click that link - but you may want to, to make sure you know of the other features, such as the archive or a separate forum that's invite only. Remember, we are guests here on Poal. Let's act like it. If you're interested in supporting Poal, then you can donate.

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[–] • 0 pt

If I was making 70 grand a year my car would be running!

[–] • 0 pt

Or you'd buy another one and think to yourself, "Well, I'll just spend a little less elsewhere." Or "I can just live on 65k next year."

The figure is 7 and 7. 70% of all lottery winners are broke within 7 years. They're twice as likely to file for bankruptcy within 3 to 5 years than the average person is.

It's REALLY easy to fuck it up and wind up penniless. Every one of 'em thinks they'll be set for life, but that's not true for the majority. It's not even close to true for a giant percentage of them.

You'd have to be really disciplined - and that's hard to do when you've got 'plenty' of money in the bank and you think things like, "I can pay myself back later. I can spend less next year/month to make up for it."

It's REALLY fucking hard.

[–] • 0 pt

I like to think I could limit myself to living on a grand a week, even if I had millions in the bank. Especially once I had all the things I need.

[–] • 0 pt

You'd think so, but it's REALLY fucking hard. It requires a great deal of discipline - and the ability to say no. You have to be able to say no to yourself and to other people.

A grand a week sounds like a lot, but it's only 52k per year. So, you're still looking at financing stuff.

Your best bet would be to keep working like you already work - and using that money to pay for extra stuff.

You have to be able to tell friends and family to fuck off.

When I sold my business, I gave everyone in my immediate family a lump sum - with the stipulation being they could never ask for more. (They could still ask for more, and I'd have helped them out - but not like this.)

My sister burned through mid-six figures in under a year and had pretty much nothing to show for it. Nothing... She didn't even have a house to show for it. She should have been able to live on 28k per year - easily. She didn't even have a car or license, so it's not like she bought herself a new car. Seriously, she should have been able to live on 28k a year - easily. Easily!

On the other hand, I don't think my brother has spent a penny of it other than to buy himself a summer car (a fairly inexpensive, but new, Mustang). The rest is banked for retirement which he hopes to do at 60. He's got a wife and a kid. So, he had to be disciplined to not spend it.