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S'porean won $250K....this is what happened.

Johnrambo

Alfrescian
Loyal
A netizen shared a story about how his friend had struck TOTO and won a quarter of a million dollars, and decided to quit his job and just enjoy life.

However, he soon spent it all and ended up back to square one, broke and now continues to be without a job.

Here is what he said
“My friend struck TOTO more than half a year ago, winning $250k from the Group 2 prize.

He gave all of us about $5k, then went ahead to quit his job, saying that he wanted to go travelling and enjoy his life.

We told him that it was a bad idea and that it wouldn’t last, we kept trying to tell him that he shouldn’t quit his job because he won $250k, not $2.5 million.

He told us that we were just jealous of him and said he knew what he was doing. He quit his job as a HR manager.

We saw on his Instagram in the months that followed, photos of him with different women in different countries, partying, drinking, gambling and going to expensive restaurants.

He even went to the famous Salt Bae restaurant and got the head chef to feed him a tomahawk steak with gold foil on it.

Anyway fast forward to a few months ago, he returned to Singapore and started asking all of us out. But this time he didn’t treat us to anything and insisted we split the bill, which we had no issues with.

He then told us that he ran out of the money that he had won from TOTO and said that he has been looking for a job for more than a month.

He said that he was down to about $3k inside his bank account, and that he regrets quitting his job so soon, and wants our help to help him on his unsuccessful job search.

We said “told you already what, you see la? Now become like that…”

Anyway we tried to get him job opportunities in our respective companies, and are still waiting for our companies’ reply.”
 

Balls2U

Alfrescian
Loyal
$250K is peanuts. He should have taken steps to increase the amount to $500K or even $1 million. Typical Sinkie idiot.
 

CPTMiller

Alfrescian
Loyal
$250k cash can fully paid a HDB 2 room BTO. After that still need income for survival in Singapore. So how to quit job ???
 

FUNCHOI

Alfrescian
Loyal
LOL 250k want to leetire can provided he can spend $699 per mth rolling it like my uncle. 250k can last for 30 years.

I Dont blame him.
Its very easy for us to say this now.

When we win this amount, we will surely change our lifestyle.
EAT and drink differently.
Fcuk more expensive chickens,
Go buy a Rolex or car, etc.

No money mgt and no discipline, the money is literally easy come, easy goes away.
 

sweetiepie

Alfrescian
Loyal
I Dont blame him.
Its very easy for us to say this now.

When we win this amount, we will surely change our lifestyle.
EAT and drink differently.
Fcuk more expensive chickens,
Go buy a Rolex or car, etc.

No money mgt and no discipline, the money is literally easy come, easy goes away.
True but not for wise men like my uncle :wink:
 

eatshitndie

Alfrescian (Inf)
Asset
need at least $6.9m to retire comfortably in sg with house and debts paid off. $250k is not even enough for a condo downpayment.
 

countryman

Alfrescian
Loyal
Take a 1 month break from work n just splurge on 50k, can go to Thailand, Phillipines or Vietnam where u can stretch your dollar there.. Invest the rest of the 200k on blue chip stocks or put in fixed D etc....
 

ChristJohnny

Alfrescian
Loyal
Only Mat will have such mentality when it come to personal finance. Once I was working in Matland and I could not understand why most of the Mat employees live pay check to pay check every month. They are contract staffs and I was wondering what happen to them in between jobs.

Finally, I realized that they are incapable of planning. That is the main reason why they remain destitute always. Therefore, IQ map hold.

Race and IQ
IQ Map-2.png
 

tobelightlight

Alfrescian
Loyal
Take a 1 month break from work n just splurge on 50k, can go to Thailand, Phillipines or Vietnam where u can stretch your dollar there.. Invest the rest of the 200k on blue chip stocks or put in fixed D etc....
That's what i will do too. Or take about 100k to try out some projects and a couple of it might hit goldmine. Who knows man.
 
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