The problem is that it is just poor money management. He could’ve been set for life. Put that into an index or S&P500 and get 10% every year. That’s 70k and he wouldn’t even have to work. If you took that 70k and invested back into the fund, you can double your money in about 7 years, assuming 10% returns.

Dude, what the heck is wrong with people. Wealth is wasted on the stupid.

Yea, that makes sense. Whenever I’m home from work, I make sure the phone goes on the counter. Thankfully, I’m not into social media all that much.

Do you have any tips? My kids are still pretty young (3 and 2) and I really want to avoid them having acess to these sorts of things.