IBN/screenshot
The question is best answered when we consider the plight of Lottery Winners.
It is said that about “70% of all lottery winners end up going broke and filing for bankruptcy” (Source below)
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The following 2 examples illustrate the point that knowledge is greater than money:
Sharon Tirabassi (above) who won $10million from the Ontario Lottery and Gaming Corp. lost it all in 11 short years.
Much of it was spent on consumables and non-income generating “things”. She spent roughly $1m a year on cars, exotic, holidays, parties, big house, handouts to friends. Now she is back in rented accommodation, riding buses and working a part-time job.
Michael Carroll was just a young man when he won £9.7 million— $15 million — jackpot in Britain,
Five years later he was hoping to get his old garbage man job back. Much of the money was spent on prostitutes, cars, parties, and drugs
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These stories strongly illustrate how knowledge trumps money. A simple investment of
- $1m index-linked shares
- $1m in rental properties
- $1m in government bonds
Would have guaranteed they could never be poor again!
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Why is Knowledge Greater Than Money?
# The “Greater” is what you need first
# When you possess knowledge first you can keep the money but if you possess money first you are likely to lose the money
# You need the knowledge to keep the money
# You don’t need money to keep knowledge
# Spend your time acquiring knowledge and the money will find its ways to you!
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Read more about the lottery winner here https://www.businessinsider.com/…
https://brandongaille.com/22-lot…
Read Hector’s answer as well Hector Quintanilla’s answer to Is money greater than knowledge?
Hope this helps you on your journey to success
Boomy Tokan