Doesn't really surprise me, especially if the person didn't grow up learning how to manage money (as is the case here). $10 million sounds like a lot, but if you go buy a big house, a few fancy cars and other toys, take lavish $20K trips with all your friends, buy designer everything, give friends and relatives money, etc it really wouldn't take that long to burn through. Part of the problem is most people can't really relate to how much that really is, and so they just see it as infinite.

They bought a house for $550,000 or so with a mortgage for over $350,000, crazy.

This article covers just about every stereotype I can think of.

in all honesty, we teach people calculus in high school which no one will ever need, but not financial management. aside from shitting on her situation, i see her as a victim.

the school system is f***. dont believe me? watch this and see why the TED organizers for the first time ever intervened after a presentation and gave this guy $1 million dollars.

http://www.ted.com/talks/sugata_mitra_b ... cloud.html

OK I agree with the context of your statement, but to say no one ever needs calculus is just crazy. It is extremely useful to the admittedly small number of us that do use it in science and engineering.

OK, she was an idiot who could not handle her affairs and bred indiscriminately before the money, and did the same after the money. I guess that what they mean by giving someone enough rope to hang themselves. This article covers just about every stereotype I can think of.

Lots of kids, lots of baby daddies, lots of useless cars..
Who wins the lottery and doesn't buy their own house and instead mortgages it :/

in all honesty, we teach people calculus in high school which no one will ever need, but not financial management. aside from shitting on her situation, i see her as a victim.

the school system is f***. dont believe me? watch this and see why the TED organizers for the first time ever intervened after a presentation and gave this guy $1 million dollars.