Parenting while managing the family’s money can be challenging, especially when your children are old enough to think that they know what’s best for them. They might end up choosing instant gratification over, say, saving for a college fund, long-term investing, and other boring but financially responsible things.
A dad turned to the internet for advice after a disagreement in his family on how he had used his son’s lottery winnings. He bought a round of lotto tickets for the entire family, and the one his son drew won a large sum of money. So, the dad secretly invested it, and it ended up paying off. However, people disagreed about what to do with the new, now even larger sum. Scroll down for the full story and to read the net’s divided opinions.
