Let's face it; times are tough. The unemployment rate has been at or above 10 percent in
However, as we all know, money does not solve all our problems. In studying the lives of rich people, money often brings hardship if it is not managed well. For every problem money solves, it often creates two more.
I thought of this recently when reading about the plight of former professional basketball player Antoine Walker.
So, how does somebody spend that much money? Here are some of the details provided by Yahoo!
"Living in the
The Yahoo! story also includes examples of
For people having problems making ends meet, his story will likely cause steam to shoot out their ears. Still, it is important to maintain compassion and understanding for
Simply put, materialism is a big, fat lie. And, as we all know, the bigger the lie, the more enticing it is to people.
Part of the reason for the mortgage meltdown that we've seen the last couple of years is because people bit off more than they could chew when it came to purchasing a house. It is too easy to simply blame the banking industry as the sole reason for this mess.
Additionally, easy access to money through credit cards has caused many to dig holes too deep to quickly escape. If a person thinks otherwise, all he has to do is observe all the television commercials from companies promising to help people pay off their debt for only a fraction of what they owe.
The bottom line is the
We may be more like him than we realize.