Matthew Omeje

In May 2021, Donald, a father of two, lost $50,000 to a DeFi project. He planned to use the profit from his investment to care for his disabled daughter, Lisa, and send his son, Edward, to college.

Donald was smart. He didn't go all in at once. He threw in $1,000 first and cashed out the capital plus the promised 8% daily reward. Now convinced everything was perfect, he put in the whole $50,000.

On the day of his supposed withdrawal, he tried all he could but never withdrew a dime. He did some

I saw a YouTube Shorts video last week where a young man won a $100 bill for answering some random questions on the street. When the host asked what he intended to do with the cash, he said, "I'll spend $50 on a date with my crush and probably keep the rest."

Stupid or sensible, depending on how you see it, he had a plan for the money.

Without a detailed plan on how you spend, there is a high chance you'll overspend your hard-earned money. After all, there is no way to track how much you earn