Ruth Walker https://www.creditangel.co.uk 1m 152
The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
Burning Through The Lottery
We’ve all wondered what it would be like to win the lottery and many of us have even planned the first thing we would buy if we won. But with the jackpot chance of winning being approximately 1 in 14 million, most of us will never know what it’s like to win big.
But for the lucky ones who have won, the lack of financial planning and foolish spending habits have often left the recipient in a worse financial situation than before the win.
You might think you could never possibly burn through £1 million, but buying a home, car and frivolous possessions, as well as luxuries you wouldn’t normally even look at, can have you broke before you know it.
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Credit brokers Credit Angel have taken a look at some of those who made mistakes and literally, paid the price.
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