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RE: Edging the Hedge

in LeoFinance3 days ago

I agree. Money changes people and I think the severity of change depends on how much money is involved. When I got an increase I found myself buying more wants like clothes. When I transferred to a higher paying job, I found myself buying home gadgets like a Roomba to make life easier. I still live within my means and budget, but I also bought things I wouldn't normally buy if I had less money. With BTC going higher and people predicting a bull market soon, I think it is good to reflect on these things and plan accordingly. A lot of people can become millionaires overnight, and it would be great if they can invest their riches properly.

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Money changes people and I think the severity of change depends on how much money is involved.

And of course, the person in question. I have been around some extreme wealth, and there can be very big differences.

A lot of people can become millionaires overnight, and it would be great if they can invest their riches properly.

It will be interesting to see what many do. It is a bit like the transfer of wealth from the boomers to younger generations. What will a Millennial or Gen Z do with a lump of free money?