For a counter-example, see the story of almost every lottery winner ever, who was poor before winning the lottery, and ended up poor again soon enough.
I know there are many cases of this, but is it as universally true as you say?
And apart from lottery winners, is there evidence that smaller windfalls are squandered in a high percentage of cases?
For a counter-example, see the story of almost every lottery winner ever, who was poor before winning the lottery, and ended up poor again soon enough.
I know there are many cases of this, but is it as universally true as you say?
And apart from lottery winners, is there evidence that smaller windfalls are squandered in a high percentage of cases?