30 Million and Broke: If You Have It, Don't Lose It

Avoid the riches to rags scenario

All of us have heard stories of people who accumulated or inherited large sums of money, only to end up with little or nothing. For years or decades, a person works and sacrifices, building a business and inching higher. The ones who are careful and wise with their wealth can stay up there a long time and enjoy the experience. But the ones who can't temper their spending, manage their risk, or control their egos don't find satisfaction. They start sliding ba...