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Can someone from a rich family end up poor in future?
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[QUOTE="sincerem, post: 219201, member: 25228"] [FONT=Courier New][B]Any rich man that sounds money lavishly end up suffering financially in the future. I wouldn't be a one day millionaire who spend money without thinking about the future. Such kind of mistake is common in our society today, lots if rich men and women I saw in the past turned average and poor people today. Reason is because, they failed to plan ahead of time, they spend money lavishly like their is no tomorrow. Such kind of people are always vulnerable of suffering financial degradation. Any one who wants to experience long term financial freedom wouldn't let him or herself used or deceived my liabilities which doesn't last a long time. If the person doesn't know what to use money for, it will be better to use it and invest in stocks, crypto, or simply saving in the bank fixed deposit and locking it there long time until more useful ideas on how to utilize the funds better comes up. Those who squander money are mostly stark illiterates who lack basic understanding of life, just inherited riches from parents without knowing how to maintain those wealth. Just moving from one place to another spending money carelessly without doing something tangible to replace the spent money. [/B][/FONT] [/QUOTE]
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Can someone from a rich family end up poor in future?
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