# Wealth management
Keeping your money safe and growing your assets
Disclaimer: This article is for informational purposes only. It is not intended to be financial advice. Seek a duly licensed professional for financial advice. Risk and return are two sides of the same coin. All the investments you make have a risk of getting affected by outside forces. These outside forces include taxes, politics, and inflation to name a few. The moment you part with your money is the moment you've taken a risk. This absolutely does not mean that you shouldn't invest.
70% of lottery winners end up going broke
Making money is not that easy. You need to work 8 hours a day for a full month to get your monthly salary. However, spending that money is quite easy. If you want, you can easily spend all your money from your salary within one day, if your purchases are extravagant enough. There are quite a lot of instances of lottery winners going broke within a few years of getting the money. According to statistics from the National Endowment for Financial Education, 70% of lottery winners end up broke and a third go on to declare bankruptcy. Here are a few of the dumbest ways to go broke.