I have this friend of mine who is often called a one day millionaire. That's because she tends to spend all of her money at once. Meaning, when she receives money today, all of that money will be spent today and nothing will spared for tomorrow. What can you say about this? Is this bad? If yes, can you leave some advice?
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One day millionaire
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In my opinion, that kind of attitude is bad. Because she won't be able to save money for emergency purposes and for the future as well. I guess she should undergo some counselling regarding that habit of hers.
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GoGo that would be a good thing. KittyBush yes, and emergencies happens when we least expect it. missSmilingpussy me too.
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I already told her that, but she didn't listen to me. VoiceLove
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I think she is dumb, for doing that. pussyWoozywet
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I think that's not a problem if she receives money everyday, right? If that's the case, I envy her! I want as to receive as much money as I can everyday.
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If she receives money every day, then that would be great. She could afford to be a one-day millionaire for so long as she has money.
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Money every day? Wow. That would be wonderful to have. What would be the feeling of receiving lots of cash every single day?
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Ragemici She's rich and all, but sad to say she can't get what she needs.
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All I can say is that your friend needs to have some lecture regarding budgeting. In that way, she will realize that she will not have money every time so she must know how to manage her money properly.
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Well, you could just leave her as it is. It is what she wants to have in her life, so be it.
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I always advise her that, but she can't help it to spend things that she didn't need. SugahBaby
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That is definitely bad. What I can suggest is that your friend should be taught how to manage money efficiently. She should be seek counsel regarding spending money on her needs and wants.
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Or if you're a good friend, help her and convince her to change her ways. She will learn how to earn how money instead of spending it every day.
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Naaah, if that were my friend I'd let her spend all the money that she has, it's her money anyway. Plus, if she always has money in her hands, she will never get tired of spending it, so I'd let her enjoy what she's doing.
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It is bad as she would not have any money left after spending all of it. Anyway, if she is happy on what she is doing then let her be. It is her money, anyway.
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Since you are friends, then you could advise her to invest her money rather than spend all of it at once. She might not have an idea about those investments so you could enlighten her a bit then forward her to a financial advisor to talk to her. It would be better to invest than to spend it all.
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I think she will be convinced to follow her friend's advice. That would be great, she will never waste another dollar over some nonsense things and she should start investing already.
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Investments for business or maybe she should keep it safe in her bank. It's supposed to be that way, she should at least control her urges on spending all of her money till the last bill.
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If she's actually rich then I wouldn't feel bad for her and she can do whatever she wants with her own money as long as she doesn't borrow money from me then we're good, lol!
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