“Ubus-ubos Biyaya, Bukas Nakatunganga”
That’s what my mother always told us when we were still kids. (Translation: “You spend everything today, you will have nothing tomorrow.” ) Image source: So, What's New ? Dionie did just that. Last April 2008, he won PHP14,125,032 in the Lotto 6/42 draw. Excitedly, he “lived the life of a millionaire, something he had been longing to experience. He lived in a P4-million house in a posh subdivision, drove around in a sports utility vehicle [which he bought the very same day he claimed his prize] , and gave goodwill money, ranging P1,000 to P 850,000, to relatives and friends. He also gambled daily, womanized, and went on regular drinking sprees.” (Source: Manila Bulletin ) He estimated that he squandered a minimum of P100,000 almost every day. He also lent money even to people he did not really know. “I just gave them and told them not to pay me back.” (Ibid) His bank had to issue him a special card so he can withdraw huge amounts of money quickly from the automated teller m...