Discipline multiplies luck!

Yamini003

Besides luck, discipline is key. Many people, even with great luck, squander their fortunes due to a lack of discipline. I've seen numerous cases where individuals win massive jackpots and their lives take a turn for the worse. However, if one exercises discipline, as demonstrated by the Japanese gentleman who won and wisely managed his prize money, the results can be astounding!

This Japanese gentleman won a 600 million yen lottery jackpot and continued to live his normal life and work. He didn't alter his daily routine or expenditures significantly. Instead, he invested and spent only a portion of his winnings. Ten years later, his prize money not only remained intact but had grown even more! This gentleman, now 31 years old and using the pseudonym Ponpon, received the life-changing call from the bank in 2012 while at work. He learned about his lottery jackpot win, which amounted to an additional 600 million yen.

Ponpon was an ordinary office worker at the time with an annual income of 4 million yen. Although he was undoubtedly thrilled by his sudden fortune, he remained remarkably composed. He understood that 600 million yen, while significant, is a relatively small sum for wealthy individuals. He recognized that if he spent money recklessly, it would quickly diminish. To control his spending and expenses, he continued his habit of keeping financial records, which proved crucial. Maintaining this practice is indeed essential, as I had a similar habit but regrettably didn't persevere with it. Otherwise, I might be a small affluent person instead of a small debtor.

Nevertheless, there were sacrifices. Ponpon mentioned that he refrained from dating for a decade due to concerns that people might approach him solely for his money. He has truly been a self-made man throughout these years. However, he remains generous with his family. He expressed his hope that his wealth would not diminish but affirmed his intention to use it all before his passing.

Ritu13

Winning a big prize without understanding financial management can ultimately lead to nothing.

Shri333

Self-discipline is a valuable quality. If you can be disciplined in life, you can succeed in anything. Some people, once they have money, indulge themselves recklessly and extravagantly. They quickly squander it, just like Nicolas Cage. Despite having so much money, it wasn't enough for him to spend in a few years. He was a Hollywood superstar back then but went bankrupt and kept doing bad movies to pay off debts. Now he's become the king of flops.

977Iti

While it's true that getting rich often relies on luck, luck can run out eventually. In such times, it's essential to rely on self-discipline and self-management skills.

Sona59

People who can achieve such self-discipline are sure to be successful. In fact, regardless of the industry we are in, self-discipline is crucial. What's even more remarkable is when someone wins a huge prize and remains calm, continues with their work and daily life, and chooses to invest a portion of their winnings. Gamblers can learn a valuable lesson from this positive mindset.

dharmendar

How does this guy manage not to spend the money and enjoy himself? I would probably take some of it for a good time, splurge on food and drinks, and then think about investing later.

chetan

Self-discipline is indeed admirable, but there are probably not many people who can truly achieve it.