The goal is to be rich not to look rich series#

The goal is to be rich not to look rich series#

Quitting your job immediately after getting money is the first domino in a series of events that will lead you to personal bankruptcy just a couple years later. Pay of your existing debt and do not create new debt.

YouРІР‚в„ўll feel like money is no longer an issue and new debts can be repaid immediately. ItРІР‚в„ўs actually a must, because debt is whatРІР‚в„ўs eating away at your life.Р”Р„s soon as you can after the money hits your account, proceed to pay off any debt you have accrued so far and then stop. This is the first and only expense you should undertake. YouРІР‚в„ўre no longer broke, so privacy is your main concern. The instinct is to share the good news with everyone you know, to shout it out of rooftops, to shove it in the faces of your enemies and burn the bridges with your new found cash. This is your number one priority immediately after finding out. Here are 15 Things to do if you get rich all of a sudden:

ThatРІР‚в„ўs why having a plan is so important, it could mean the difference between this money being a blessing or a curse.Р”Р„s always, hereРІР‚в„ўs the video version of this article if you donРІР‚в„ўt feel like reading: This happens because they have no idea what to do with the money, theyРІР‚в„ўve never had money, theyРІР‚в„ўve never built wealth and they are eager to spend it all. Over 70% of lottery winners are back to being broke after 3-5 years! But very few of these people are ready for the money and theyРІР‚в„ўll lose it as quickly as they get it.