The other night I watched Dateline NBC's special that featured Donald Trump and a few lottery winners. Seeking financial advice from Trump, the lottery winners shared their stories and asked whether or not they had wise investments.
One of the couples revealed that becoming millionaires was a bit overwhelming and that they were scared of being rich because they didn't want to lose it all like many people do. When I heard this, it struck a chord within me. This let me know that I still haven't gotten rid of my own fears of being wealthy.
What about you? Are you afraid of becoming a millionaire?
I think my fear stems from the time I started college and my father gave me $16,000, which was supposed to last me a couple years. That was quite a bit of money for me considering I only got $5 a week allowance throughout high school. Well, I ended up spending all that money within 6 months. I remember balling my eyes out when I looked at my bank account and had only $1,000 left. I know I couldn't go back to my dad asking for more money, so I ended up getting a full-time job and paying my way through college.