“I’ll name one of my children because I know they will split it equally among my other kids.” While this sounds simple and harmless, there are a few very important reasons as to why this is probably not a good idea.
While we can generally recover from a single financial mistake, if we continue to make mistakes and compound the problems those mistakes make, they can soon become very serious issues that are extremely difficult to correct.
I have come to learn that generally it is not the money that causes the stress, it is the unknown consequences of having too little or too much that causes the stress.
While there are always very important reasons to hold cash, I would hardly call cash the king, maybe the royal doctor, but certainly not king.
Life is a moment, and in the end, time will have gone too fast. We do not want to look back and proclaim, “if I only had more time!”
The real question is, what would $37,000 each day cost us? If you have never heard lottery winner statistics, unfortunately, they are pretty dismal.