The problem is that it is just poor money management. He could’ve been set for life. Put that into an index or S&P500 and get 10% every year. That’s 70k and he wouldn’t even have to work. If you took that 70k and invested back into the fund, you can double your money in about 7 years, assuming 10% returns.
Dude, what the heck is wrong with people. Wealth is wasted on the stupid.
Yea, that makes sense. Whenever I’m home from work, I make sure the phone goes on the counter. Thankfully, I’m not into social media all that much.
Do you have any tips? My kids are still pretty young (3 and 2) and I really want to avoid them having acess to these sorts of things.
I highly recommend you check out a book called “A Bold Return to Giving a Damn”. It’s about a cattle rancher who turned his ranch into a form of regenerate agriculture. One of his main point is that the current meat industry provides cheap meat that is subsidized by the environment. His ranch is called White Oak Pastures. Fascinating book and definitely changed the way I look at meat consumption. I still eat meat but my extended family raises a cow every year so I think its a little but better than the industrial food system currently at work.
I’ve heard that some of them will connect to any wifi available. So if your neighbor does not have a password on their network. The tv will connect and upload the data.