Search The Lotto Life

Playing This Week

$125M
 Euromillions
£11M
$90M
 UK Lottery
£4.1M
 NY Lotto
$4.4M
 Canada 649
$5M
 California
$24M
 LottoTexas
$12.2M
$125M
 Canada Max
$21M
 Euromillions
£11M
$90M
 UK Lottery
£4.1M
 NY Lotto
$4.4M
 Canada 649
$5M
 California
$24M
 LottoTexas
$12.2M








Monday
Jul162012

Do You Have Leaky Wallet Syndrome? That's Maybe Bad News For Your Lottery Winnings Too

Want to be wealthy? Put living examples of your goals around your house and work. Every time you see them you visually reinforce your dreams.

For example, you can put pictures of your dream house on:

  • your screensaver
  • a whiteboard
  • the fridge door

 An additional way to reinforce your goals is to carry a "feeling" of wealth around with you. For a while I used to carry around $500-$1,000 in folding notes in my wallet.

But now it's pretty much empty of cash.

Here's the reasons...

  • I'm a naturally cautious guy, and I was worried about leaving my wallet around where someone could empty its contents.
  • The same goes for being robbed. For many years I used to carry around low denomination Fijian banknotes which looked very similar to ours. After 50 and more years of never being attacked, that idea died naturally.
  • And lastly, it's wasted money because it is never in circulation.

Like all reserves, it's best to have your money as a form of credit instead of cash. I've written about that in another post.

But the most important reason for not carrying cash was the Leaky Wallet Syndrome.

That's my term for the money being TOO available.

When you have it, there's a great temptation to use cash. But you should really be using your credit card for getting Air Points and other forms of spending reward.

For a while I used to make my cash available to my wife. If she needed money, she could take whatever she needed from the wallet.

Bad idea. Because she's not as frugal or tightfisted as me, I was always topping up the amounts frequently.

What's this got to do with lotto? The same applies. If your prize money is too accessible, it's going to leak out everywhere. You need to put a hold on it.

Here's my suggestion:

1. When you first win a sizeable prize, put everything except 10% into a bank account which can only be jointly accessed by yourself and your accountant.

2. After six months thinking about it, you will have decided how to spend your windfall. Only then withdraw the amount as you need it for investment or light spending.

So if you have Leaky Wallet Syndrome, use these tips to control your spending - and your life.

 Here's my suggestion to beat the wallet syndrome:

1. Buy the Silver Lotto System to get started.
2. Buy the Lotto-80 System to make your game more productive.
3. Get the PRO Custom Profiles to help you get the most from every game.

If you enjoyed this article, please share it! Use the Share Article links below.

Every day on this blog I release 3 games from my secret Lotto-80 membership site from over 153 games around the world. These have the highest chance (50% and more) of winning this week when used with the Silver Lotto System.

TODAY'S LOTTO-80 PREDICTIONS*
For week ending 22 July 2012:

Australia Lotto
Canada Lotto 649
South Africa Naltional Lotto
 

*NOTE: Many of these games play several times a week. Become a Lotto-80 member and get unlimited access to all games all the time for only $7.80 a month (25c a day) here: http://www.lotto-80.com