In his book Chance to Change, Michael Vlach explains that gambling and lying go hand in hand. "Problem gamblers usually do not have to think about lying and deception -- it comes naturally," he says. So how does a gambler change his ways?
What the market's long-term average return makes clear is that time is on the side of the long-term investor. The longer you're willing to keep your money in the market, the greater the likelihood of success.
If you're broke, don't despair. You may not have enough money in the bank, but you'll always have enough help from God to grow beyond the challenges you face.
We all go through hard times and need help in those moments. But there is a difference between going through a short term crisis in which we need help and just expecting others to pay our way through life so we can hang out with our friends.