Winning the lottery may just be the luckiest way anyone can become rich. People have won hundreds of millions of dollars previously, and that is set to continue till probably, infinity.  While you may invest a lot of thought when picking the right figures, it is logical to admit that winning lottery is majorly a result of chance.

That said, how would you react if you won the lottery while on a trip?

Be Quiet

Regardless of where you were when you got a notification that you have won the lottery, try as much as you can to remain calm and collected. Of course, it is easier said than done; but the truth is you do not want to make a scene and attract all the attention to yourself that you have just won some millions of dollars.

Cool Off

Many people would tell you to start calculating your net worth and investing as much as you can. That’s one of the worst advice, you’ll get, and if followed through would likely lead to catastrophic results.

If you won the lottery while on a trip, continue your journey for an extra 30 days and never look back; this way, it is easier to think on those things you really want to do with the money. You don’t want to start paying off debts even before you receive the money.

Get a Reliable Financial Advisor

There is a probability that you have never had this kind of money before. Hence, you may need the professional help of a financial advisor who would help you weigh financial decisions before going ahead to execute any plan.

More so, your financial advisor should be the kind of person who isn’t just experienced about finance but also has vast knowledge about investment. This is important just in case you want to invest the money so your personal financial advisor can tell you the stocks to look at and those you shouldn’t; the ones that are safe, and the ones that aren’t.

Give Reasonably

At this point, many people would come to you saying they need this help and that assistance. While you are obliged to give to anyone who comes around, you should know that most of them just want to have a share of the cake. They do not have any need, they want to satisfy their greed.

Give yourself some treat

It is your money, and you deserve to spend as you wish. Endeavor to give yourself some delicious treat – visit more places if you need to. During times like this, some people would be afraid of spending too much which is normal. You should spend on your well-being and do so wisely. However, take care not to let this spiral into an uncontrollable maniac.

Learn to Say No

Finally, the power of No can be the difference between your present rich status and that of being broke. You know the one you prefer. Hence, not everything should be given consideration. Even few of those things that are given attention should be carried out.

To own an island is one of the wildest dreams anyone can ever have; but of course, we know dreams do come true. However, it is essential to have a plan or structure for the realization of dreams. The same thing applies to buying a private island. You have to put in place those elements that can help you realize this wild dream.

It is vital to understand that buying an island isn’t always an expensive thing. If you doubt this statement, ask British billionaire Richard Branson who owns Necker Island. Once you realize that islands can actually be affordable, we can move forward to the major points of this article. The procedure for buying an island is similar to the same process you’d take when purchasing any piece of real estate. However, there are some additional components you need to consider such as the nature of the surrounding waters and whether there’s a natural harbor there too.

So here are some tips you could follow.

Have a Budget

Just like any product you want to buy in the market, you need to create a pre-determined budget in order not to over-spend on the item or purchase additional irrelevant products or incur unnecessary expenses. It is possible that you may not have enough money to afford the island you really desire. In this scenario, you can go with two options.

One, you wait until you have enough money to purchase the island. Two, you keep looking for the perfect island that meets your budget. Richard Branson did the second.

Decide what you want to use the island for

While you may be looking forward to buying an island, there are different uses you can put it to. First, you may be looking forward to living there permanently. Second, you may be looking to make it a vacation location for you and your family. Third, you may want to use it to make money by renting it out. The fourth scenario is a combination of the first and the third – living there and renting it out. Many island owners go with the first and the second. However, the shrewd ones go with the first and the third.

Legal Documents

There may be the need to obtain some legal documents from the governments. Hence, you will need to know the documents you need to fill and the process involved in such before outrightly buying the island.

Get a Lawyer

The fact remains that laws vary from place to place, and from environment to environment. In this kind of deal or transaction, you need to involved lawyers that are particularly skilled and knowledgeable about laws that relate to properties and island purchase. Some countries do not allow non-citizens to buy real estate outrightly, but they can have it on a long-term lease. Hence, do not experiment with your money.

So there you have them; the above tips have been written to guide you when looking to purchase an island. Islands are one of nature’s most relaxing locations; you have to take strategic steps when planning to own them.

Have you ever asked yourself if there are any means by which you can earn some money while traveling? The truth is not everyone embarks on a journey and hopes to be back soon; some people go away for as long as three-six months. This category of travelers would be looking for some means through which they can earn some money. Nonetheless, there is another group of people who just want to take every opportunity to earn money.

Irrespective of the category you are, the primary point is that you want to earn something while traveling. In this piece, the focus will be exerted on how you can earn money while traveling. You will learn some of the ways by which visitors like you can add economic values to a foreign country.

Resort Jobs

While other jobs could have come on top of the list, we still find that certain establishments prefer using people from foreign countries for such resort positions as receptionist or entertainment department. The reason this is done is to attract foreigners’ attention which usually works.

Become a Freelancer

The term ‘freelance’ in this context, means trading your time for money on online freelance platforms which include Upwork, Fiverr, et cetera.

The advantage of this is that you are able to determine when to work. You can go have fun during the day, rest during the evening, and work at night. Also, it is a quick, hassle-free method of putting in some cash into your pocket while on the road.

Monetize Your Experiences

By monetizing your experiences, we mean you should use your presence in that location to make money. For example, if you are visiting the Eiffel Tower, you can monetize that experience by telling your friends or people in the online community that you will post their spouse’s name on the Tower. People would pay for this sort of service as you are doing something they have never dreamt of doing, and they might never do.

Travel Blogging

One of the perks that come with travel blogging is that you can keep a full-time job and still be a travel blogger all at the same time. All you need to do is figure out your holiday ahead of time.

Then, plan your holiday to be at a specific location or several locations. Take pictures and document your trip. You can start posting these pictures and edit notes on a regular basis that no one would know you took the trip all at once. You can do this full time or join it with a full-time job.

Teach a Language

Do you know any foreign language? You would earn a lot if you can teach a foreign language. You can exchange this service for money in schools or via internet platforms.

While it’s a known fact that most people will not get rich by gambling, seeing how the odds are always against you, there are some exceptions that prove the rule. There are few casino games in which players can actually gain an advantage over the house, such as blackjack where you can count cards, but some smart or lucky people managed to beat the odds and became millionaire playing bets.

We’ll start our list with the man who invented and perfected the card counting strategy – Edward E. Thorp. Thorp was a mathematics professor from 1959 to 1977 and wrote the blackjack card counting bible titled “Beat the Dealer”. He tested his theory in various casinos in Reno, Lake Tahoe, and Las Vegas, starting with $10,000 from professional gambler Manny Kimmel.

With his theory already proven, Thorp decided to use his acquired knowledge in the stock market and ended up making a fortune, as his net worth is estimated at no less than $800 million.

The man who won the most from gambling is Bill Benter, a mathematics genius from Pittsburgh, Pennsylvania, who learnt how to count cards at blackjack and started his gambling career in 1977 in Las Vegas. Seven years later, he got banned from most Las Vegas casinos because he was constantly breaking the bank and decided to move to Hong Kong and focus on horse races. Together with Alan Woods, he developed the world’s first software for horse races betting. His net worth is estimated at $100 million annually.  

And since we’re talking about Alan Woods, it has to be mentioned that he was the pioneer of horse races betting, and although he also started his gambling career at poker machines, where he was mostly losing, and blackjack tables, he later paired with Bill Benter and Zeljko Ranogajec and shifted his focus to Hong Kong horse races.  He is considered one of the most influential gamblers of all time, having developed a betting software that took into consideration various factors in a race, like track condition, weather, and more. Woods died in 2008 and at the time his estimated net worth was AU$670 million.

Billy Walters is another well-known figure in gambling, being one of the people who got rich from roulette and sports betting. He runs his own bookmaking service in Vegas, but few know that he wasn’t always a lucky winner. In fact, he lost everything to his name over 15 times in his youth, and he began his winning streak in his late 30s. It seems that he now makes about $15 million a year, with a net worth of $200 million.

Besides professional gamblers, there are also people who became rich overnight from gambling, without even being avid players. A woman called Patricia Demauro, for instance, gambled only twice in her entire life and she struck luck at Borgata in Atlantic City when she made a whopping 154 consecutive wins at rolling dices. It’s not known how much she won, but she said she only spent $10.

Have you decided you want to save some money this year and are looking for a cheap holiday destination? We are here to land you a helping hand. We have compiled a list of the best cheap travel destinations around the globe for those who plan on having a budget holiday in 2018.

Albufeira, Portugal

Albufeira is an ideal spot for those looking for a cheap sun-soaked vacation. It’s located in the southern Portugal’s Algarve region and is endowed with marvelous beaches, affordable hotels and nice weather. Lively and energetic, The Strip and especially Avenida Francisco Sá Carneiro is an area that mostly attracts young people. Meanwhile, the Old Town in the city center charms tourists with traditional Portuguese streets and plazas.

Foodies and party lovers should know that there are over 100 bars, restaurants and clubs in Albufeira with quite decent prices. Moreover, tourist have easy access to nearby places like Portimao, Sao Vicente Cape in Sagres, Loulé market, Vilamoura marina, and cities such as Vila Real and Lagos.

Bangkok, Thailand

One of the most affordable places to travel to this year is Thailand, a country which has many points in its favor. First of all, it’s the wide flight selection at very low fares, both to the capital city of Bangkok and to other cities. And if you plan ahead, you can find the best deals. Secondly, the hotels offer the best value for money in the world (an average of £103 for a five-star hotel, just to make an idea).

Bangkok appeals to very diverse types of tourists as it has something for everyone: dynamic city life, rich historical and cultural attractions, plethora of shopping venues, an energetic nightlife, and all of it at an affordable price.

Istanbul, Turkey

In Europe, Turkey is one of the most visited countries, and that’s because it offers excellent value for money in all aspects of tourism. Hotel prices in the country have dropped a little following the terrorist attacks in 2016, but tourism has started to recover now.

It’s also cheap to get there, as airfares are great value. For example, a return from London in April cost just £100.

Pamporovo, Bulgaria

Now let’s talk about a good place for winter and winter sports lovers. The best-value holiday in this respect will take you to Pamporovo in Bulgaria. With a ski area that boasts 36km of slopes and 13 lifts, the ski resort is one of the best-known in Southeastern Europe and is perfect for both novices and advanced skiers. Though it’s more crowded in winter, the family-friendly resort is popular in summer, too.

Santa Fe, New Mexico

As for cheap places to visit in the United States, one of the most affordable is Santa Fe in New Mexico. It’s a place surrounded by natural beauty and appeals to nature lovers and adventure seekers. Tourists will surely not get bored here, as they have a huge selection of restaurants, art galleries, shops and fairs to keep them entertained. Winter rates at a luxury hotel like La Posada de Santa Fe start at $99 per night, which is a real bargain.