History Main / AFoolAndHisNewMoneyAreSoonParted

17th Apr '18 3:48:43 AM FoxBluereaver
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[[folder:Fan Works]]
* In ''Fanfic/PokemonResetBloodlines'', a trainer named Dan ended up blowing his Silver Conference earnings at the Goldenrod Game Corner. The next year, he tried to invest in stock options, but they pummeled the next day and he ended up losing his money again.

[[/folder]]
5th Apr '18 10:47:39 AM Snipertoaster
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** And ''God forbid'' you let other people know about your sudden increase in wealth if you can actually stay anonymous. [[http://m.walb.com/walb/db_347747/contentdetail.htm?contentguid=eA5NDXZ6 Lottery winners such as this poor fellow have been murdered in an attempt to steal their earnings]]. The murder rate in general of lottery winners is over thirty times higher than the average person. Savvy people will realize that having a sudden influx of wealth generally makes you a big target for the likes of con artists, beggars, phony debt collectors, and even murderers and kidnappers (to try and get ransom money). Ways to get around this include hiring security, moving to a secured location ''before'' securing the winnings, and having a trusted law firm claim the earnings for you (which would naturally mean a cut of the earnings going to them, but better than having the full amount and getting killed for it). Some people are desperate and even willing to kill for money. To make matters worse, if you're thinking "Well, I'll just ask the lottery people to not announce that I won", in most US states you ''can't.'' All but two states in America don't allow you to claim your lottery winnings anonymously.

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** And ''God forbid'' you let other people know about your sudden increase in wealth if you can actually stay anonymous. [[http://m.walb.com/walb/db_347747/contentdetail.htm?contentguid=eA5NDXZ6 Lottery winners such as this poor fellow have been murdered in an attempt to steal their earnings]]. The murder rate in general of lottery winners is over thirty times higher than the average person. Savvy people will realize that having a sudden influx of wealth generally makes you a big target for the likes of con artists, beggars, phony debt collectors, and even murderers and kidnappers (to try and get ransom money). Ways to get around this include hiring security, moving to a secured location ''before'' securing the winnings, and having a trusted law firm claim the earnings for you (which would naturally mean a cut of the earnings going to them, but better than having the full amount and getting killed for it). Some people are desperate and even willing to kill for money. To make matters worse, if you're thinking "Well, I'll just ask the lottery people to not announce that I won", in most US states you ''can't.'' All but two a handful of states in America [[labelnote:*]]Delaware, Kansas, Maryland, North Dakota, Ohio, South Carolina and Texas as of this writing[[/labelnote]] don't allow you to claim your lottery winnings anonymously.
2nd Apr '18 8:46:05 PM Pichu-kun
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* [[WesternAnimation/RenAndStimpy Stimpy]] once won 47 million dollars and instant celebrity as part of a television contest. When Stimpy finds that his newfound fame and fortune are [[CelebrityisOverrated meaningless]] [[ThePowerOfFriendship without his best friend Ren]] he "gives away" all his money and returns home. Ren is [[YouFool less than joyous]] about this.

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* [[WesternAnimation/RenAndStimpy Stimpy]] ''WesternAnimation/RenAndStimpy'': Stimpy once won 47 million dollars and instant celebrity as part of a television contest. When Stimpy finds that his newfound fame and fortune are [[CelebrityisOverrated meaningless]] [[ThePowerOfFriendship without his best friend Ren]] he "gives away" all his money and returns home. Ren is [[YouFool less than joyous]] about this.this.
* In the ''WesternAnimation/{{Jem}}'' episode "Roxy's Rumble", Roxy finds a lottery ticket on the street and it turns out to be a million-dollar winner. Roxy ends up quitting The Misfits and goes back to Philadelphia to brag to the people who thought she wouldn't do anything in life. Due to the fact she NeverLearnedToRead she loses most of her money due to not understanding the contract she signed when she hosted a festival. The IRS takes the rest. She ends up [[StatusQuoIsGod rejoining her band]] afterwards.
21st Mar '18 4:08:33 PM OnGreenDolphinStreet
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* This trope is a also a reason why so many poor people have a hard time saving money. If They come into an unexpected sum of money, They use it for something important that They've otherwise had to let slide (Car repairs, fixing utilities, paying a debt, buying new clothes, etc) as They know They may not have the money again for a very long time. Combine this with the fact that poor people often have more financial issues and emergencies due to being forced to buy cheaper products that break quicker or easier, such as buying a cheap used car that has engine problems a few months later, and it's no surprise that escaping from poverty by saving money is so extraordinarily difficult.

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* This trope is a also a reason why so many poor people have a hard time saving money. If They they come into an unexpected sum of money, They they use it for something important that They've they've otherwise had to let slide (Car repairs, fixing utilities, paying a debt, buying new clothes, etc) as They they know They they may not have the money again for a very long time. Combine this with the fact that poor people often have more financial issues and emergencies due to being forced to buy cheaper products that break quicker or easier, such as buying a cheap used car that has engine problems a few months later, and it's no surprise that escaping from poverty by saving money is so extraordinarily difficult.
21st Mar '18 3:50:34 PM OnGreenDolphinStreet
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*** The amount of money in Fry's account after a thousand years of compound interest is accurate. They've ShownTheirWork.
*** Good thing it wasn't adjusted for inflation and deflation.
*** Also good that they left out the part about dormant accounts being seized by the government after a number of years. The time varies by State but is always less then 1,000 years.

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*** The amount of money in Fry's account after a thousand years of compound interest is accurate. They've ShownTheirWork.
*** Good thing
However, it wasn't adjusted for inflation and deflation.
*** Also good
does not take inflation/deflation into account, nor the fact that they left out the part about dormant accounts being are seized by the government after a number of years. The time years (which varies by State state, but is always less then below 1,000 years.years).
16th Mar '18 2:58:15 PM nombretomado
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* In ''Series/TheTwilightZone'' episode "The Man in the Bottle", a genie grants a shop-keeper and his wife four wishes. One of those wishes is for a million dollars, but they end up with only $5 after giving large sums to their friends and paying taxes to the IRS. Despite the four wishes, the couple ends up in the exact same condition as they were at the beginning of the episode. The husband had wished to lead a country and not be in danger of being voted out of office, so the genie turned him into Adolf Hitler - about to commit suicide at the end of World War II. He used his last wish to undo this one, and he and his wife gained a new appreciation for their modest lifestyle.

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* In ''Series/TheTwilightZone'' ''Series/TheTwilightZone1959'' episode "The Man in the Bottle", a genie grants a shop-keeper and his wife four wishes. One of those wishes is for a million dollars, but they end up with only $5 after giving large sums to their friends and paying taxes to the IRS. Despite the four wishes, the couple ends up in the exact same condition as they were at the beginning of the episode. The husband had wished to lead a country and not be in danger of being voted out of office, so the genie turned him into Adolf Hitler - about to commit suicide at the end of World War II. He used his last wish to undo this one, and he and his wife gained a new appreciation for their modest lifestyle.
13th Mar '18 10:11:24 AM KingLyger
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* All too common in real life. When poor or even middle-class people win the lottery, gain an inheritance or otherwise come into a large sum of money, there's a good chance that lose it all and are completely broke in a few years, or even a few months. Unlike on TV, there is rarely, if ever, a ResetButton. It's especially common with people who never learned how to handle money, and who are so overwhelmed with the wealth that they feel like they can never spend it all. By the time they learn how wrong they are, they're often worse off than they were to start with.
** This sort of thing is so common that they even gave the condition a name: "sudden wealth syndrome". According to the {{Creator/TLC}} show "The Lottery Changed my Life," around 33% of lottery winners go bankrupt within 5 years.

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* All too common in real life. When poor or even middle-class people win the lottery, gain an inheritance or otherwise come into a large sum of money, there's a good chance that they lose it all and are completely broke in a few years, or even a few months. Unlike on TV, there is rarely, if ever, a ResetButton. It's especially common with people who never learned how to handle money, and who are so overwhelmed with the wealth that they feel like they can never spend it all. By the time they learn how wrong they are, they're often worse off than they were to start with.
** This sort of thing is so common that they even gave the condition a name: "sudden wealth syndrome". According to the {{Creator/TLC}} show "The Lottery Changed my Life," around 33% one-third of lottery winners go bankrupt within 5 five years.
13th Mar '18 10:10:03 AM KingLyger
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* All too common in real life. When poor or even middle-class people, after winning the lottery, gaining an inheritance or otherwise coming into a large sum of money, lose it all and are completely broke in a few years or even months. Unlike on TV, there is rarely, if ever, a ResetButton. It's especially common with people who never learned how to handle money, and who are so overwhelmed with the wealth that they feel like they can never spend it all. By the time they learn how wrong they are, they're often worse off than they were to start with.

to:

* All too common in real life. When poor or even middle-class people, after winning people win the lottery, gaining gain an inheritance or otherwise coming come into a large sum of money, there's a good chance that lose it all and are completely broke in a few years years, or even a few months. Unlike on TV, there is rarely, if ever, a ResetButton. It's especially common with people who never learned how to handle money, and who are so overwhelmed with the wealth that they feel like they can never spend it all. By the time they learn how wrong they are, they're often worse off than they were to start with.



** And ''God forbid'' you let other people know about your sudden increase in wealth if you can actually stay anonymous. [[http://m.walb.com/walb/db_347747/contentdetail.htm?contentguid=eA5NDXZ6 Lottery winners such as this poor fellow have been murdered in an attempt to steal their earnings.]] Savvy people will realize that having a sudden influx of wealth generally makes you a big target for the likes of con artists, beggars, phony debt collectors, and even murderers and kidnappers (to try and get ransom money). Ways to get around this include hiring security, moving to a secured location ''before'' securing the winnings, and having a trusted law firm claim the earnings for you (which would naturally mean a cut of the earnings going to them, but better than having the full amount and getting killed for it). Some people are desperate and even willing to kill for money. To make matters worse, if you're thinking "Well, I'll just ask the lottery people to not announce that I won" in most US states you ''can't.'' They ''will'' tell the newspapers whether you want them to or not.

to:

** And ''God forbid'' you let other people know about your sudden increase in wealth if you can actually stay anonymous. [[http://m.walb.com/walb/db_347747/contentdetail.htm?contentguid=eA5NDXZ6 Lottery winners such as this poor fellow have been murdered in an attempt to steal their earnings.]] earnings]]. The murder rate in general of lottery winners is over thirty times higher than the average person. Savvy people will realize that having a sudden influx of wealth generally makes you a big target for the likes of con artists, beggars, phony debt collectors, and even murderers and kidnappers (to try and get ransom money). Ways to get around this include hiring security, moving to a secured location ''before'' securing the winnings, and having a trusted law firm claim the earnings for you (which would naturally mean a cut of the earnings going to them, but better than having the full amount and getting killed for it). Some people are desperate and even willing to kill for money. To make matters worse, if you're thinking "Well, I'll just ask the lottery people to not announce that I won" won", in most US states you ''can't.'' They ''will'' tell the newspapers whether All but two states in America don't allow you want them to or not. claim your lottery winnings anonymously.
23rd Feb '18 3:18:55 PM MoPete
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** Really, just about any time Al comes into any amount of money in any way, it's lost just as quickly, either to his wife's frivolous spending or one of his get-richer-quick schemes not panning out.
21st Feb '18 8:42:32 PM Delphi
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** And ''God forbid'' you let other people know about your sudden increase in wealth if you can actually stay anonymous. [[http://m.walb.com/walb/db_347747/contentdetail.htm?contentguid=eA5NDXZ6 Lottery winners such as this poor fellow have been murdered in an attempt to steal their earnings.]] Savvy people will realize that having a sudden influx of wealth generally makes you a big target for the likes of con artists, beggars, phony debt collectors, and even murderers and kidnappers (to try and get ransom money). Ways to get around this include hiring security, moving to a secured location ''before'' securing the winnings, and having a trusted law firm claim the earnings for you (which would naturally mean a cut of the earnings going to them, but better than having the full amount and getting killed for it). Some people are desperate and even willing to kill for money.

to:

** And ''God forbid'' you let other people know about your sudden increase in wealth if you can actually stay anonymous. [[http://m.walb.com/walb/db_347747/contentdetail.htm?contentguid=eA5NDXZ6 Lottery winners such as this poor fellow have been murdered in an attempt to steal their earnings.]] Savvy people will realize that having a sudden influx of wealth generally makes you a big target for the likes of con artists, beggars, phony debt collectors, and even murderers and kidnappers (to try and get ransom money). Ways to get around this include hiring security, moving to a secured location ''before'' securing the winnings, and having a trusted law firm claim the earnings for you (which would naturally mean a cut of the earnings going to them, but better than having the full amount and getting killed for it). Some people are desperate and even willing to kill for money. To make matters worse, if you're thinking "Well, I'll just ask the lottery people to not announce that I won" in most US states you ''can't.'' They ''will'' tell the newspapers whether you want them to or not.
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