2006-09-13 18:47:06 · 10 answers · asked by gene_frequency 7 in Business & Finance ➔ Personal Finance
yes it is, when people get alot of money, they go and blow it all off. but the wise invest it. i know this because of my dad, and his friend got about a half million dollars for something (and back then, it was alot of money) and he invested half of it, and he's richer then ever
2006-09-13 18:56:56 · answer #1 · answered by reesesman2 1 · 1⤊ 0⤋
Yes bad choices of how to use the resources available to you will cause financial problems. You could be born poor but make your way up the ladder ....plenty have with a bit of inventiveness and effort.
2006-09-13 18:56:54 · answer #2 · answered by obenypopstar 4 · 1⤊ 0⤋
I don't think so... A financial problem could be a result of many different problems..
2006-09-13 18:49:30 · answer #3 · answered by and,or,nand,nor 6 · 1⤊ 0⤋
A financial problem is a "lack of money problem".
2006-09-13 20:04:28 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Yes, Its called bad budgeting
2006-09-13 18:50:13 · answer #5 · answered by zzz 2 · 1⤊ 0⤋
Usually, yes. Remember: a fool and his money are soon parted. Only people that will tell you different, are probably broke ;)
2006-09-13 18:55:47 · answer #6 · answered by Nikki Tesla 6 · 1⤊ 0⤋
yes, unless you're poor to begin with and are stuck in a horrible cycle of poverty due to ethnic/sociocultural details..
2006-09-13 18:48:44 · answer #7 · answered by wash_yer_nuts 3 · 0⤊ 0⤋
nope pay the stock market and lose everything! then live on credit cards and pay checks!
2006-09-13 18:55:37 · answer #8 · answered by Paul G 5 · 0⤊ 1⤋
NOPE................It's a green problem.
2006-09-13 18:49:37 · answer #9 · answered by JeffG 3 · 1⤊ 1⤋
No.
2006-09-13 18:47:46 · answer #10 · answered by ken 3 · 1⤊ 1⤋