Row 80813

Row ID: 80813 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 80813 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I’ll share my story which may be atypical, but can show the opposite side of this coin. When I was 27, I was depressed, had severe anxiety, drank heavily, hated my job, had untreated mental issues, etc. And I had no way out. If I quit my job, my life would’ve been even more ruined because I had no money.

That same year, I received a fairly large but not enormous inheritance. Into the six figures but nowhere near seven, and it completely changed my life. I quit my job, was finally able to get sober, and I changed careers to something I was more interested in.

I spent about six months off work. I saw a psychiatrist for the first time because I couldn’t afford it prior to this ($375 per session). This allowed me to get accurately diagnosed, and properly medicated. I was finally able to quit drinking, which I tried to do so many times but was always unsuccessful.

I simply wouldn’t have been able to do any of this without that money. Now, two years later, I’m still sober, have a much better job that I’m actually succeeding in, and I’m genuinely happy for the first time since my early 20s.

All this to say that, yes, giving people large sums of money especially without any financial education or guardrails is definitely a bad idea. But giving your kids some breathing room in case they get into a situation like I did, is a great idea.

Also, I heard Jordan Peterson say that he used his fortune to “help his kids get established in the city” AKA pay their rent and living expenses. So don’t listen to everything you hear. Money helps people, generally speaking.

FieldValue
text I’ll share my story which may be atypical, but can show the opposite side of this coin. When I was 27, I was depressed, had severe anxiety, drank heavily, hated my job, had untreated mental issues, etc. And I had no way out. If I quit my job, my life would’ve been even more ruined because I had no money. That same year, I received a fairly large but not enormous inheritance. Into the six figures but nowhere near seven, and it completely changed my life. I quit my job, was finally able to get so…
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-24
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url_encoded Z0FBQUFBQm5Lak8yWkswemtUR21oM19iMkh1aUZnRFJfWW9LQUMzSlR1WHJyNDRfa3Bhb2dQR2JYbjIxUEVIZ0tnS1gzOFFnWHZSYU1lODJISlBUMHA5d0Vmb2JFMV9qdWwtWlk0UjJZMzM5V3ptdHV6SERnd1RnZ1hVaXg0UUpXVlhuVE90UTZvY05uVEFJbVlTeFVQdlhDVlVXLUgzOEVhQzYyLW1kVWdpa3RGb3BMd3lubUc3c3p0ajVzczVPX3RtcHNGWWFpMXo4

Raw Record

{
  "text": "I’ll share my story which may be atypical, but can show the opposite side of this coin. When I was 27, I was depressed, had severe anxiety, drank heavily, hated my job, had untreated mental issues, etc. And I had no way out. If I quit my job, my life would’ve been even more ruined because I had no money.\n\nThat same year, I received a fairly large but not enormous inheritance. Into the six figures but nowhere near seven, and it completely changed my life. I quit my job, was finally able to get sober, and I changed careers to something I was more interested in. \n\nI spent about six months off work. I saw a psychiatrist for the first time because I couldn’t afford it prior to this ($375 per session). This allowed me to get accurately diagnosed, and properly medicated. I was finally able to quit drinking, which I tried to do so many times but was always unsuccessful. \n\nI simply wouldn’t have been able to do any of this without that money. Now, two years later, I’m still sober, have a much better job that I’m actually succeeding in, and I’m genuinely happy for the first time since my early 20s. \n\nAll this to say that, yes, giving people large sums of money especially without any financial education or guardrails is definitely a bad idea. But giving your kids some breathing room in case they get into a situation like I did, is a great idea.\n\nAlso, I heard Jordan Peterson say that he used his fortune to “help his kids get established in the city” AKA pay their rent and living expenses. So don’t listen to everything you hear. Money helps people, generally speaking.",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-24",
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Entry Information