bum blows $100K

[roninblade]

A Homeless Man Blows $100,000 of Free Money As Seen on Oprah
By Psychic Expert
December 11, 2006

On a recent Oprah Winfrey show that aired on Friday December 1, 2006, a homeless guest on the show was given $100,000 by a film director. The film director gave him this money as a test to see how he would spend the money. The homeless man did not know that he was going to receive the money when he first got the $100,000. He was only told that he would be filmed as a documentary as to how a homeless man spends his days. It was about the day and life of a homeless person.

The man first found the briefcase with $100,000 in a garbage bin when he was looking for soda cans. This is how he made his money. The man was clearly broke and when he found the briefcase with the money in it, he could not believe it. He actually cried in shock. I was amazed to find out what the homeless man did with the money next.

The man first got himself an apartment and then he bought himself a $32,000 truck. He then bought his friends cars by taking them to a car dealership and having them purchase the car that they wanted. He kept on buying more more stuff and then he gave the money away. Was this a smart thing to do?

Shockingly the film maker also gave him the opportunity to use a financial advisor and counselor for free. The homeless man did not take him up on his offer. He instead spent all of the money on whatever he felt like spending his money on. Surprisingly the homeless man lost everything and he stated that he is back on the streets and homeless again. The sad truth here is that sometimes when you give money to someone, you hope that they would do the best with it. However, we can see clearly here from this example that it is not always true. Have you ever given something to someone and asked yourself if you should have maybe let them work for it instead? When you work for something, you tend to value it more because you knew what it took to make that kind of cash.

The homeless man also stated that when he received the $100,000 he also received a lot of friends. He even got married. Once he lost all of his money, the homeless man claimed that his wife did not want him anymore. Does money bring more friends and influence your power? According to this story, it does. You can make friends easily when you have money to spend on them. Many millionaires will tell you that they can have many friends with their money.

It is safe to say that from this example, money is best when it is earned by yourself and not given to you by another person. Especially not in a lump sum. I encourage you to give this year, but to use wisdom when giving as well. If you are wanting to read about money or power, the best book to get on this topic is, "Is Life Worth It? ***, Money and Power from a Psychics Point of View by Stephen Piperno.

sayang second chance in life gone down the drain.

makes me think twice about directly giving any amount of money to people;
i'd rather give to missions/foundations/charities.

also makes me think that poverty will never go away;
some people just don't have the wisdom to take care of themselves properly.

[chieffy]

sayang tsk tsk...
naalala ko tuloy itong isang kakilala ko...may kaya naman ang pamilya...sari-saring negosyo na ang ibinigay sa kanya pero nilustay lang ang pera...sa bisyo lang napunta...ayun nasa rehabilitation ngayon...sayang talaga...

kung ako lang sana ang nasa kalagayan nya eh ang sarap na ng buhay ko ngayon at wala na akong pinoproblema kung saan kukuha ng pera sa pagtatyayo ng iba't ibang negosyo...

[uls]

same thing happens to lottery winners. Within months or a few years, ubos ung pera. They live in hotels, live the first class life, gamble in casinos....

[lolo pepe]

what do you expect from bums? kaya nga sila ganyan because they don't have the capability to support themselves. they don't have jobs because they lack of one or more of these - proper education, good health, well-off relatives, etc. - that's why they live off the streets.

getting $100K suddenly overwhelms them so they don't know what to do. ikaw ba naman na sanay mamulot ng basura at piso piso lang ang nakikita sa araw araw and then suddenly me milyones na sa harapan mo, iikot na ang tumbong mo.

hindi nga niya pinatulan yung financial advisor kasi i'm sure di niya alam ang ibig sabihin nun. the only thing that mattered at that moment for him was that he had the opportunity to live like a king, even for a day.

wrong move for the film maker. pero at least napaligaya niya yung bum, kahit sandali lang.

[uls]

there will always be people who will manage to screw up their lives no matter how many opportunities are presented to them.

[BlueBimmer]

this may be harsh but he deserves to be a bum forever

[j_avonni]

It still depends on the person. It's just unfortunate that the bum they picked-up was irresponsible and didn't know how to handle the situation in hand.

I believe that some bums would become responsible and wise should they find or be given a large sum of money.

[pissword]

1 day millionaire tlaga ang iba...

[mhelskie]

tsk tsk, ang bait nman nun sa mga friends nya...kaso walang naiwang bait sa sarili....baliw yannn!!! adikkk!!! LOL!

[uls]

same thing also happens with some OFWs. I know a few former japayukis (i hang with former japayukis, i cant help it) who are still working their butts off here. They should have made millions (and saved millions) but the thing is, they and their dependents/families spend all the money on useless stuff. So from zero to millions to zero again.