Hello everyone, I hope you’ve a great weekend. I Thought I would tackle a few things in this post:
- Bring up the topic of what’s the “right thing to do”, in your view, in two interesting money-related situations that came into the news lately, one about givers and the other about takers.
- Share where Squirrelers has been featured in recent blog carnivals
- Share top referring sites for the April. Why share April now? Well, I had been sharing top referring sites for each month, but I forgot to cover April this month. So, better late than never, I’ll share them below to acknowledge those who have brought visitors here.
What is the right thing to do?
There were two stories in the news lately that caught my attention. One was about a family finding money in a new house they purchased, and the other story was about a lottery winner who’s on food stamps.
The first story, about the family, is a feel good story. You can check out the story online, but to summarize it – a family in Utah who bought a house ended up finding around $45,000 inside, after they moved in. Actually, the owner was up in the attic of his newly purchased home, and found a box that contained tightly would bundles of cash.
The new owner then thought of the previous owner, who died last year and left the house to his own kids. The old owner lived in the house since 1966, and with his wife from that point until 2005.
Thinking about it, he just felt that the right thing to do was to return the money back to the previous owner’s kids. Even though they apparently didn’t quite know about the money, the new owner seemed to think that they deserved it. He could have done a lot with the money himself, but he gave it to them.
How many people would do that? After all, he closed on the home and I imagine it’s his now. I suspect many people would quietly keep the money and use it as they please.
Thankfully, this guy didn’t do that and he gave it to the previous owner’s children. Legally he might not have had to do that, but ethically it sure seemed like the right thing to do. I’d call him a giver.
I would have done the same. Admittedly, thoughts would race through my mind about how I could use that $45,000 for savings or other needs, but guilt and the need to do what’s right would prevail.
What about you? What would you do?
The second story, about the lottery winner, is interesting. A 59-year old guy from Michigan won a lottery that earned him a $2 million dollar payout. Not bad, right! The guy was apparently on food stamps, so it’s cool to me to see someone who probably needs the money get a nice windfall.
What’s interesting is how the guy is reacting after this. Apparently, despite winning $2 million, he’s still using food stamps! There’s much outrage about this, with a move to stop him from being able to do so. According to what I’ve read, the guy seems indignant and unapologetic about it. Yet, many others are very negative toward his actions.
Personally, I think it’s a waste of taxpayer money to have this guy’s food subsidized. I detest freeloaders. He’s extracting from the system, and totally reminds me of the Extractors I discussed in Squirreling Gone Wild #18. These are takers.
That said, he’s apparently still eligible. I think it’s shameless what the guy is doing, but the blame should go more to the system, and less to him for taking what he’s been used to taking under different circumstances.
What do you think about what this lottery winner is doing?
Squirrelers in Blog Carnivals
- ROI on Coupons was featured in the Festival of Frugality at High Yield Savings Accounts
- Squirreling Gone Wild #26: Fooling the Tooth Fairy was featured in the Totally Money Blog Carnival at Retireby40
- Home Purchase Euphoria can Equal Big Expenses was featured in the Carnival of Personal Finance at Control Your Cash
- 5 Healthy Habits that can Positively Impact Wealth was featured in the Carnival of Wealth at Personal Dividends
Top Referring Sites
At long last, here are the top 10 referring sites to Squirrelers for April:
- Funny About Money
- Budgeting in the Fun Stuff
- Move to Portugal
- First Gen American
- Grumply Rumblings of the Untenured
- Mighty Bargain Hunter
- Invest It Wisely