Lotteries, with their amazing history of funding public and private enterprise back to ancient times, were prohibited in the United States by constitutional provisions for the next 60 to 70 years.
Many of us make the mistake of thinking that our younger kids are too little to learn about money. We just know that when they get older we want them to be good with it. But how can this eventuate if we don’t start teaching them when they are young. As soon as your child understands that items can be purchased with money, it’s time to start teaching them. You start small of course, and in a very simplistic way. But these simple little lessons will become the scaffolding that prepares them for future more indepth money lessons such as handling their own money, even if it’s just a few coins to spend at the school canteen.
This scripture simply means to guard your tongue and to be careful what you say. It’s very difficult to attract lots of money if you dislike those who have more than you. Instead of envying wealthy people, learn from them instead. The easiest way to have what affluent people have is to learn from them and model what they have done.
Money shapes our perceptions, has value, and is a powerful tool that wields influence. It can be used for good and bad. It can change your life and make it perfect. It can also keep you trapped if you adopt the wrong mindset.
Many compulsive gamblers always believe there is no way that they can lose. When they hit loses, they always believe they will win back the previous losses in the next turn, but most of the time they are disappointed. Gamblers who can’t face their losses due to losing in the games are the common victims of additive gambling.
But it’s important to know that $500 really isn’t that much money. A little bad luck and you would be all out of your savings. That’s why it’s so important to have an emergency fund; it’s like insurance for your wealth. No matter what you decide to spend money on, you’ll always have a reserve. Life is easier to deal with when you know you always have a stockpile of money that you can count on. Don’t stop saving money just because you have $5000 in your savings account; just keep on saving as if you had no money at all! That’s the surefire way to having a dependable source of money. Make sure you have enough money so that you won’t be forced to spend your entire savings all at once.
Or you can invest large amounts of cash into complicated systems, hard to figure out software, and keeping records of cool and hot numbers, number sums, wheeling choices, and a thousand other details, and in the end have just about the same chance of winning the lottery as when you began.
They lower their odds by playing lower number games. By playing a 5 number lottery instead of a 6 number lottery, you are reducing your odds by millions. So many people get greedy and they will only play the highest odds game.
Why? Because in every drawing there are dozens, sometimes hundreds, and even thousands of folks doing the same thing as you. Imagine going to bed after checking your numbers and knowing you had won a million dollars, only to wake up the next morning to discover 99 other folks are sharing your million dollar dream. Hey, any lottery win is better than no lottery win, but a million dollars will take you a lot farther in life than $10,000! Go for the big one, and if you have to share, hope it is with a lotto pool partner instead of 99 strangers.
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