Quote:
Originally Posted by saden1
One word: Opportunity
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Ok, but that is a part of luck. How many people have had golden opportunities and blown it or missed it. Opportunity does not, in and of itself, guarantee real financial riches. In fact many a lottery winner have had a golden opportunity, only to see that frittered away due to lack of work ethic and financial discipline. How many athletes have been given the opportunity to escape to a new life, only to be dragged back down by either lack of work ethic or by poor money management. I make a decent pay but McD's and fast food living keeps me from realizing a life of "real financial riches". My kids worked over the summer and I tried to instill in them that which I know but do not have, and yet when they got that money for a new video game their first instinct was to go get it.
So Opportunity(luck) - financial discipline =(still) lack of long term wealth.