Money is slow to enter your pocket but very quick to leave your pocket.
It is very easy to go from being Rich or a billionaire to becoming broke as hell when you misuse your funds, especially on unnecessary things that you do not really need but you go ahead and buy them anyways just to show off that you can, forgetting that it is not so easy to become Rich or make money especially if you are going through the legal way and not into crime like being a fraudster, drug dealer or some other illegal stuff. So my opinion is that you should not waste your time and money on irrelevant things and habits, and also cut down on unnecessary spending just to prove to people that do not care that you have made it.
I saw a movie recently that had to do with finance and how to manage a company worth billions, so in this movie, a very rich businessman left his wealth and company to his spoiled children who have never worked a day in their lives and in less then a 1 year his spoilt children ran a multi-billion dollars company into the ground, due to the lavish spending and wasteful nature of spend anyhow on thing they need and on things they do not need, the man oldest some instead of investing and looking for ways to grow his dad's company, he was busy spend $10 millions every night in the club every single day, until the money finished then he and his siblings realized what they have done.
In my opinion, the man's children ran the multi-billion dollars company to the ground because they do not know how hard it is to make money or grow a company from the ground up because if they did they would not be so stupid to crash a multi-billion dollars company to the ground, I think the man would have groomed one or all of his children on how to run the company so that when his gone they can handle the company.
So let me ask when would you start teaching your children about crypto and how to manage money properly.
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