Chapter
The Zombie Statistic About Lottery Winners
18:10 - 24:43 (06:32)
The common belief that most lottery winners go bankrupt is a myth. This misconception is due to the fact that only the stories of lottery winners that experience financial disaster make the news.
Clips
The saying "a fool and his money is one big party" is a misinterpretation of the actual idiom "a fool and his money are soon parted," demonstrating how idioms can often be misinterpreted.
18:10 - 20:36 (02:25)
Summary
The saying "a fool and his money is one big party" is a misinterpretation of the actual idiom "a fool and his money are soon parted," demonstrating how idioms can often be misinterpreted.
ChapterThe Zombie Statistic About Lottery Winners
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
Despite popular belief, most lottery winners do not end up bankrupt in a few years; this myth, which has no factual basis, reflects an American ambivalence towards those who do not work for their money.
20:36 - 22:32 (01:56)
Summary
Despite popular belief, most lottery winners do not end up bankrupt in a few years; this myth, which has no factual basis, reflects an American ambivalence towards those who do not work for their money.
ChapterThe Zombie Statistic About Lottery Winners
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
While some lottery winners may end up bankrupt due to poor financial management, studies show that the majority are happier and financially better off, with only a small percentage quitting their jobs and doing nothing for the rest of their lives.
22:32 - 23:36 (01:04)
Summary
While some lottery winners may end up bankrupt due to poor financial management, studies show that the majority are happier and financially better off, with only a small percentage quitting their jobs and doing nothing for the rest of their lives.
ChapterThe Zombie Statistic About Lottery Winners
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
Summary
The solution to poverty is simple, it's money. There is no grind set angle to this. Justification for paying workers low wages is a total lack of respect for workers.