Evidence shows that having an excess of resources actually leads to more financial irresponsibly, not less. Or as the Illustrious Notorious B.I.G. eloquently put it: "mo money, mo problems":
"The CFP Board of Standards says nearly one-third of lottery winners eventually declare bankruptcy, and lottery winners are more likely to declare bankruptcy within three to five years than the average American."
https://www.ngpf.org/blog/question-of-the-day/question-of-th....