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The Lottery Budget

Episode 31 of the Not Me, But You! podcast, hosted by Art Kester, titled "The Lottery Budget" was published on July 2, 2020 and runs 18 minutes.

July 2, 2020 ·18m · Not Me, But You!

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Summary

Send us Fan Mail Welcome to episode #31. In this episode I discuss the math of my lottery budget. I also talk about the math of the lottery experience if you are fortunate enough to win big money in a lottery. I believe that examining the math is a way to temporarily remove the emotions attached and to simply consider money, budgets, and to determine what life changing money really is. What is "wealth" to you? Whom do you consider "to be wealthy" and why? What about the impact o...

Episode Description

Send us Fan Mail

Welcome to episode #31. In this episode I discuss the math of my lottery budget. I also talk about the math of the lottery experience if you are fortunate enough to win big money in a lottery. 

I believe that examining the math is a way to temporarily remove the emotions attached and to simply consider money, budgets, and to determine what life changing money really is. What is "wealth" to you? Whom do you consider "to be wealthy" and why? 

What about the impact of taxes on you when you win the lottery? 

We would all love to have "the lottery experience." But what if you don't win the lottery? Do you have a "plan B?" Your "true job" is to believe that you CAN achieve your dreams. 

We all need to believe BEFORE we actually achieve. Our "daily action plan" is to believe BEFORE we  achieve AND then go work on your dreams! Don't stay in the "planning stage" indefinitely. 

You can do this! The path to success is 10,000 baby steps. Go take ONE baby step today! Do it just in case you DON'T win the lottery! 

There is no finish line in life. The finish line is when you are dead! 

Have courage today, to pick one thing, and work on your dreams!

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I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions. 

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