Michael Beasley
π€ SpeakerAppearances Over Time
Podcast Appearances
That's real shit and whatever.
Money can solve a lot of things, but it can be a lot of, it can cause a lot of problems.
What have you learned most about money, Mike?
That it's not, it's nothing.
We think money will solve
It's anything, but it's like, all right, cool.
I'll give you a hundred million dollars right now.
And you don't know what to do with it.
You're just going, you know, you know, like 70% of the people that win the lottery broke.
Because one, you'll get that a hundred million dollars and spend a hundred million dollars.
And at the end of the year, you owe 50 of that to the, but you got mortgages on all this.
And then it's like, money is not the root of all evil.
The lack of knowledge is.
to see that 70, 80% of the people that play professionals within five years end up broke, potentially filing bankruptcy, divorced.
What is it that causes this situation, Beez?
One, I just told you the one lottery winner don't understand taxes.
I think you spoke about it on one of your podcasts.