Β #Lottery Winner #Lost20s #FindingPurpose #LifeAfterLottery
Hey everyone, I need your advice! ππ»ββοΈ So, I won the lottery at 18 and spent my 20s basically doing nothing productive. Now, at 28, I’m feeling lost and aimless. I have no direction, hobbies, or social life. It’s like I’m stuck in a rut and I don’t know how to get out of it.
Here’s what I’ve been thinking:
– Seek professional help or therapy to work through these feelings of loneliness and meaninglessness.
– Volunteer your time and skills to give back to the community and find a sense of fulfillment.
– Start exploring new hobbies or interests to expand your horizons and meet new people.
– Consider going back to school or pursuing a career that genuinely interests you.
Do you have any advice or suggestions for me? I would really appreciate any insights or personal experiences you can share. Let’s brainstorm together! π€π #LifeAdvice #PersonalGrowth #CommunitySupport
If you still have a lot of money left maybe look towards FIRE?
This is not directly related to what your probably looking for, but is your lottery winnings all in cash or did you invest it? Depending on how large it is you might just be able to live off the dividends.
See what you can do to grow that money you have left and volunteer in your community.
Man I wished I was the one who had won the lottery. If I was in your position I would have made a list of goals from family to career wise and work from there.
Volunteer work.
Start a franchise business and be a fair and relatively chill boss people are happy to work for.
Or give me a million, Iβll make good use of it.
Jesus Christ stop feeling sorry for yourself this is the life you chose. Winning the lottery can be a curse only if you choose not to use it in a way that serves you.Β
How much money do you have left and what education do you have? Whatβs your runway and what do you actually want out of life? You need to start building momentum in a direction both personally and professionally.Β
Is finishing up your masters not an option? You may not enjoy the work, but youβll definitely live comfortably with the masters in law.
Research and invest your money. Not all investments are crooked. You may have lost more not trusting people. . .
Take that law degree and get a job. You need the structure and purpose in life and you know it.
Airbnb your home and travel! Live off the interest
why dont you buy properties and rent to people?
You can easily start a business for rental properties which will generate income for the rest of your life and you can use the money you make to pay the mortgage on the properties?
Is that something that would interest you?
feel free to PM me if youd like.
Can you invest what you have left / put it in high-yield savings accounts and just live off of the interest?
Also, seems like you’re missing a purpose/fulfillment as you spent your 20s just focusing on “pleasure” / what was enjoyable. I’d encourage you to start looking into ways to create a purpose in your life as purpose is created.
How’s your physical health? I ask because it’s rarely useful contemplating ‘next steps’ until one’s health is in good shape.
I’d invest your money into an S&P500 index fund and work some part time jobs to get back to the habit of “working”, and also meeting new people. If you don’t feel comfortable investing in the stock market, I’d buy some rental properties and manage them.
I think if you have 10m or under, that’s definitely not gonna last you a lifetime of not working, so you definitely need to invest that money and get a job. If you have dozens of millions, I think that should be enough for you to never work again, assuming you don’t splurge. But you should also invest that money as well.
Try to remember what your hobbies or interests were before you won the lottery. Then, get back into them. If I’m confused, I always go to my initial decision, no matter how long ago it was. Sometimes I even went back to hobbies I liked at 15 or 16, when I was 26 or 27. It doesn’t matter how old you are, hobbies are always gonna stay hobbies. It’s easier to become interested in something you liked before. And don’t say you didn’t have any before 18. Everyone has something they like by then, even if it’s copied from friends or family.
invest in rental properties or find something to resell. put that money to work
If you are scared to invest, the best thing you can do is either build property and sell it or buy some and rent it. The money will still be there and youβll have some profit.
Buy a couple of properties and rent them out. Your job is to manage them. You fix them when they break, you do all the landscaping, and you make sure the tenants aren’t garbage individuala. Your money increases, you have something to do with your time, and youre providing a place for people who otherwise cannot afford to buy their own home, a place to live.
This path will require you to learn how to manage money, be self sufficient, and learn how to be handy. They are also the basic life skills people find attractive.
Hey. I’m actually a social scientist and I’ve researched what creates drive and motivation, and usually, this is created within a community of people. People rarely have meaning by themselves- some exist, but they’re mostly outliers. Rather, most people when feeling secured financially, find meaning being in a community of people with certain goal/mission, and you can contribute to it. This can range from sport association, to being employed in a company, to non profit, and so on. My advice would be to look for that kind of network, see what resonates with you the most, and invest your time in this.
Interesting story! I have nothing to contribute but am looking forward to the comments.
Iβd really push for an Roth IRA! Maybe buy a duplex to keep that cash flow going π also, I need a used car cause mine is about give out π₯Ή
Namaste OP. Listen when people realise who the author people will and have ripped apart my path in this life. I’ve never had a 9-5 for a sustained period. The reality is ….well if you are led to my posts.
I wouldn’t say what you did with the time was a waste with what is a life changing amount of money.- something as you can see most aspire for in this world given the freedom, external opportunities financial abundance offers. Which it does no doubt about that.
Yet as you genuinely found and many despite the comforts afford by wealth (yes i wouldn’t mind it ofcourse, we’ll see ultimatelyπ) it will never give true purpose to the human experience- as corny as it sounds to many (although more and more these days), the true purpose of the human experience will never ultimately be found on the outside.
The path id recommend would be completely different depending on your finances left. If you can travel solo modestly for a while id genuinely recommend this. Spiritual progress and yes ofcourse some investment with your existing finances.
Most people will recommend a career, a path to take on the external…
I assure you god is the greatest π
How much did you win?
Start slacklining, progress to Highlining. Enjoy life from a different view
Maybe go to a credit union and open a high yield certificate?
Just find a girl have a kid and find a passive income and make generational wealth π
I hope things get better, I always hear money can’t buy happiness but it can temporarily get rid of sadness.
Visit nerdwallet.com and read everything you can. A high yield savings account isnβt a bad place to start. Or even just purchasing another home and renting it out. Make your money do at least a little bit of work for you.
Other than that, sit the controller down for 2 weeks and do everything that makes you happy. Youβre trying to make up for a decade of dissociating because you didnβt have other things to worry about, but because you had no worries, you just did what 18 year old you would do – and it became a habit and a lifestyle.
You have a great opportunity to learn what you like and what you don’t like. Just start looking for jobs. Try them out. If you don’t feel comfortable then move on.
Lot of times we randomly fall into the carrier we have.
You will find something. Just takes time and effort. Would wish you luck but you already won the lottery! Lol no more luck for you π
You came into money without the mindset/experience to maintain wealth. Its not uncommon with lottery winners. At least you didn’t competely blow it.
At this point, I think you need to build up your experience pool. Go hiking/traveling, join group activities, work a job you love, work a job you hate, etc. Though it does require alot of discipline on your part because its so easy to just say fuck it and not deal with it when you have money.
You’ll develop your identity and learn what works/doesn’t work for you. Otherwise you’ll just waste away because you’re not pursuing the things that really matter to you (which you may or may not know yet).
For reference, I am also a NEET, but I’m doing it by choice. I’ve lived a normie life for most of my 20s and figured/learned being a NEET is the best lifestyle for me. I don’t want a relationship. I don’t want status. I’m happy just chillin at home while helping my mom around the house.
As for your finances, learn to invest it. Its a rabit hole so you gotta spend alot of time learning. Graham Stephan on youtube has great beginner steps for investing.
I’d consider speaking with a life coach. It doesn’t have to be a “rest of your life” commitment. Someone who will start by posing questions to you, get a sense of who you are. How they proceed will vary. Most likely you could/would speak with them once a week or two.
My situation was different from yours (no lottery winnings, just lost for what to do) but I spoke with a lady once a month. I set goals and tried things.
Happy to provide contact info, if you want. PM me.
You’ve obviously become too comfortable in life to make any sort of tough decision regarding career, friends, and I’m assuming love life. Comfort is the enemy of success….Period. if you want to see what your truly made of, put all that money into a two year cd so that you can’t touch it. See if you can survive with no money for 2 years and I guarantee that you’ll find your life going down interesting avenues that you never imagined. You’ll end up with a career you didn’t imagine and you’ll meet interesting friends. Put the game console away, put your money away, and get yourself a 2 year ticket on the struggle bus. It will give you a new found respect on life.
Community service is always a start. I mean you got time, might as well do something. Get a job, go for a walk in the morning before the sun rises, visit the beach before the sunrise (if you live on the coast), visit the park, get on facebook and see if there are anything happening near you, or just try to initiate a conversation with someone. I think you just really need to talk with some new people.
Wait so you’ve been keeping all your winnings on cash this whole time? Sweet lord you’ve probably lost A TON of the money to inflation.
I would suggest engaging a top-notch life coach! They can really help create direction, purpose, goals in your life. I have a reco for someone who has been pivotal for me in building a purposeful, successful career and life, and she specializes in helping women in law so might be a good fit. Good luck! Unlike a lot of really insensitive commenters, I definitely understand that money doesnβt solve all problems.
I think a lot of people have covered the money aspect, but I think it’s important to focus on the hobbies section of your situation. Hobbies are what makes life fun and worth living, whether you’re poor or rich, young or old, etc.
What types of things do you like to do? Are there any hobbies that you have looked into? I know this is like telling a poor person to “just make more money”, but I think it’s a start to ask are there any hobbies that you are interested in?
I would like to consider myself a certified hobbyist; my life at this point really revolves around starting and maintaining hobbies (along with family, etc.), so I can help out with some friendly advice if you’re struggling on how to begin down this road.
Let’s get you some hobbies!
We have somewhat the same life but I am 27 and nearly broke lol. I did worked for more than 1 year and then for my own business for 2 years (not counting the majority of failed project that took me some years too without getting money)
Anyway, if I were you I would just focus on how to keep a bit of that money while investing and depending on how much you got maybe try some hobbies. Maybe I would find something I enjoy doing not even for the money but while you are at it, you could still work a bit and get money (not needed to be 40h per week)
Enjoy your freedom while you can. Set objectives with your life. And go
Use spare money for the good of others.
Not everyone is that fortunate so use your time benefiting the community.
You could volunteer at the food bank, pay for someoneβs groceries at the store, offer to be a companion for elderly people who are lonely and live alone.
There are many charities that you could get involved with that would make live life meaningful. I donβt mean giving your money away, I mean utilising your time to help others. Thatβs where true fulfilment lies.
I’m very curious how much did you win? And what is remaining?
You could invest in a GIC at no risk at all to you and live off the interest. That would be the best option.
1) Invest the money you have left to set yourself for continued financial freedom (HISA or CD or GiC,ETF index fund.) You already have real estate so thatβs good.
2) When I feel like this. I always turn to prayer for clarity and guidance, meditation, nutrition and fitness. Its life changing and really helps build momentum with goal setting and achieving too. Builds discipline and focus. Usually gets my mind into creative mode too and new ideas start popping up as to what my next steps should be.
After that start thinking about your natural talents, your genuine interests and see where you can be of service. Volunteering or starting your own business.. just something where you are being of service to others. Maybe joining a club of like minded people with similar interest will help. Maybe a little traveling to inspire you.
Find a purpose thatβs meaningful enough to get you out of bed in the morning. Something you are curious about, you want to learn more about, you want to help others with. You donβt need a 9-5 if you are set up financially but you need a goal, to keep learning, growing and evolving, something to aim for. Cut the distractions and focus on trying out new things to see what you enjoy. You are super blessed and can only go up from here if you play your cards right.
Hope that helps π
I guess it would depend on what country you live in. Find out which investment account is similar to an American Roth IRA account, it’s a pretty safe investment path that will protect your money until retirement. Maybe take some of the money and go back to school for something that you’re interested in, doesn’t matter how much interest you have in the subject, if it’s just a small amount of interest, go to school for it and see if you like it, maybe start working on a career?
Get into golf! You wonβt regret it .
What about getting into a real estate? If u have enough money to do so