A lot of humans can't see farther than their wants and needs so if you're a means for them to accomplish their wants and needs then they will try to use you.
Gilbert Arenas Logically Explains How NBA Players Go Broke
- Thread starter lib123
- Start date
A lot of humans can't see farther than their wants and needs so if you're a means for them to accomplish their wants and needs then they will try to use you.
I’m no where near Floyd bank account or or other athletes
but one thing for sure… track where your money going , especially if u have a financial advisor and it’s mandatory for you to be notified of a certain amount of money is been used for anything
And cut your circle..because those yes men and bytches will not be around if you had 10 dollars to your name
but one thing for sure… track where your money going , especially if u have a financial advisor and it’s mandatory for you to be notified of a certain amount of money is been used for anything
And cut your circle..because those yes men and bytches will not be around if you had 10 dollars to your name
Barring immediate close family like parents, no one getting shyt till the 2nd deal and even then it's crumbs. I ain't raising grown ass people
calixprynce
...
nikka you broke , my mom got her own $ for vacations
Elantra driver, u prolly still wear Jordans lol
Patrick Kane
Veteran
That was me being generous
He a grown ass man but that shyts kinda sad. How you fukk off 400-500 million dollars?
Yes. All I'm advocating is to make everyone self-sufficient so that you don't end up in that situation at all. You are literally advocating for the things Gilbert Arenas says gets people in trouble in the first place. You shouldn't be putting people in situations they can't self-manage because their bills end up being yours. But in the end its all hypothetical...you can do whatever you want...if you can ever buy your parents a nice house then props to you.
I'd rather buy my mom a multi-family or a house with a duplex in the back on the same lot so I can slide through and drop a couple stacks to send her on vacation instead of having to worry about light bills, repairs, cell phone bills, and other crap.
Nigerianwonder
Superstar
Naw. Floyd brags about signing his own checks and keeping it all cash in the bank accounts so he knows exactly what goes in and what goes out. He went broke early in his career and learned his lesson. He definitely got 100's of millions in his account still.
perfectblack999
All Star
nikka my moms oldest is 33 , youngest is 25 and she be complaining how we ain’t sent her around the world or bought her a house yet
like damn momma you don’t even have grandkids yet !
bruh my mom called me the other day just to tell me how she wishes someone would give her $10k
Vandelay
Life is absurd. Lean into it.
If I was a multimillionaire for any reason, I'd break bread, but there would be a couple of stipulations.
My mom and sis would get a crib...but it ain't gonna be a multimillion dollar mansion. Homies would get broken off, but if they don't don't have a business plan or a skill that I can use, I'm not doing anything but paying an occasional bill or the like.
No one would ever know how much money I have, not even my wife. I would never spend more than 25% of my cash flow; not my bank, but my cash flow. If I got paid a couple hundred grand a month or even a year, shyt let's say 100k a month...I could still get a crib anywhere from 5-10k per month and be living pretty in every city in the country. I could lease 1-2 exotic cars and still come in under 4k a month. Give myself a 10k a month allowance and and still be under 25K a month in expenditures and my lifestyle would shyt on 99.8% of people walking around.
How these guys go broke is thinking all of the money they have needs to get spent. I had that problem for years and I make 1/100th of these guys. Basically I had to just pay myself an allowance and make it difficult for me to touch my other money. Once you see that bank account grow, you get more satisfaction in watching that account grow than buying a table in the club, or putting rims on your car, or even going out with random chicks everyday of the week.
My mom and sis would get a crib...but it ain't gonna be a multimillion dollar mansion. Homies would get broken off, but if they don't don't have a business plan or a skill that I can use, I'm not doing anything but paying an occasional bill or the like.
No one would ever know how much money I have, not even my wife. I would never spend more than 25% of my cash flow; not my bank, but my cash flow. If I got paid a couple hundred grand a month or even a year, shyt let's say 100k a month...I could still get a crib anywhere from 5-10k per month and be living pretty in every city in the country. I could lease 1-2 exotic cars and still come in under 4k a month. Give myself a 10k a month allowance and and still be under 25K a month in expenditures and my lifestyle would shyt on 99.8% of people walking around.
How these guys go broke is thinking all of the money they have needs to get spent. I had that problem for years and I make 1/100th of these guys. Basically I had to just pay myself an allowance and make it difficult for me to touch my other money. Once you see that bank account grow, you get more satisfaction in watching that account grow than buying a table in the club, or putting rims on your car, or even going out with random chicks everyday of the week.
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Gilbert Arenas cited buying parents a $4M house AND $200-300K in monthly bills. I'm advocating for buying parents a $1M house, which would contribute $5-6K toward monthly bills. That's a big gap and parents are the ONLY relatives I'm saying I would consistently support beyond 2-3 years.
If he had 100s of millions in the bank he would've shown it off by now.
Ozymandeas
Veteran
That house has an extra zero. I’d get them a house that cost $400,000. That’s it.