This is a true story of a lotto winner in England! Obviously it’s an extreme example in his windfall, spending, and downfall, but I think all of us can fall victim to a similar mentality. This idea that success or happiness with money is just the next raise or windfall away. When when that money comes, it gets spent and you need even more to continue your now more expensive cost of living.
Beware of lifestyle creep. Make a plan to save and invest part of your income and future raises before you spend them. Find happiness in relationships and experiences, not in spending and stuff.
As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.
-Jeremy
via Instagram

Why do retired NFL players go broke?
I think many people who struggle with money think there’s relief at the next earning level. If only you had another $500/month you’d be set.