Reckless financial decision ?

[Davidvictorson]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

[Wiwo]

Edited

The thing is that, priorities differs, what means alot to youay not likely mean anything to the other man and for that we may not really understand what make that musician to make such decisions, public smoking may have been pointed out and if we have to go by that, then weay have to ask what are the values of that money to the musician compared to what he is ready to offer just to get his weeds.

Some of those musicians believes that without those Highness and drugs they can't rank up to the level of stardom they attained in the industry, and for that theyay want to have the freedom to abuse the durg regardless of what will be at stake finance may just be the less of the worries compared to what they believe that can acquire just being free to do whatever pleasure they desires.

So we have to be less judgemental on this matter, and try to understand things from they own point of view even though ot not possible for us to know whay they experience and expectations are, i have read alot about musicians turning down offers because it condtion goes against the personal believe and habits.

[Hispo]

It could be a reckless financial decision or choice, depending on the economical situation of the person who is taking those choices. A celebrity can turn away money and deals if already has enough money to fend off for much time with their savings and other enterprises.
It would be certainly reckless of someone oof the middle class or the low class rejected a good and life changing job only because they would not be allowed to smoke while working, for example.

I have only seen personally a story of economical recklessness in my family once, it was one occasion when an uncle of mine started his business of car reparations. He did not have many tools or equipment to do all he wanted, as efficiently he wanted; so one of his brothers offered him to buy the tools and stuff he needed to be more professional, however, my uncle decided to reject the offer out of pride. He later realized what he did and tried to call to his brother about the offer again, but by then it was already to late and the money to buy all those equipments was not available. It was when I learned, one is supposed to take financial decisions with our mind cool and not allowing our feelings to completely take over.

[franky1]

im personally not into people that are into drugs.. but its their life

that said
for different reasons though. i have myself chosen a relaxed, chilled happy lifestyle over a financial deal that would hinder/disrupt my lifestyle.
but i am on the wealthy side so extra money that comes with conditions.. doesnt have as much meaning to me as it does to others

if the financial deal was something that would have made the guys life prosper then yes it was reckless to choose a temporary puff of drugs over something that can improve their overall life..
but if their life was happy and content where the excess cash wouldnt have bought them any extra happiness.. then not so reckless

seeing as the OP's topic is about a celebrity.. then its probably someone with wealth already..
so its not a money question. its a unconditioned life living as is.. or a conditioned life taking the deal

[Churchillvv]

I guess I can relate to this this post, or maybe i have heard of that decision some where.

The truth is wey the public only heard a little of the whole case so we might just be thinking that it's all about his weed addiction or love for weed that lead him to make such decision but for me it could entail more than we would here. mind you I believe this artist's (musician) manager is his mother and before such decision could be reached they know what it would have cost them if he attended the concert.

To us it's a reckless decision that could worth a lot of funds in his financial life but he prefer to maintain his decision or reputation of weed lover not to accept an amount worth millions. Its really a decision that was supposed to be thought twice before making such, I mean million dollars isn't a chicken change that someone could through away just like that except just as I said it has alot that it entails than we can hear.

[|MINER|]

There are many people who make reckless financial decisions.They don't think about their future.Just looking at the present causes them great harm.Everyone should make informed financial decisions.Think how big of a loss it could be for you to turn down an offer from a big company just because it doesn't allow smoking.He who is proficient in that subject should take up that task.Now if a person who works in good cars opens an electrical factory, he will definitely not be able to do well in that sector and will face losses.Financial decisions should never be reckless.Decisions should always be made with discretion.

[bittraffic]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

Sounds like Snoopdog.
There are a lot of celebs who decide not to sign a contract and fumble a bag because of just a simple clause in the contract. Even the NBA stars have done these stuff and only a few got it right in the end and made much more.

Francis Ngannou refuses to sign another million-dollar $ UFC contract because the contract wouldn't allow him to fight in boxing. The other promotion PFL took him and allowed him to fight in boxing which we have seen him fight Fury and sooner he is fighting AJ.

[Fortify]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

It's a chicken and egg scenario. Smoking weed is often a lifestyle choice and should not be a surprise to any potential sponsor. It is also something that is non-negotiable, because it has become an addictive habit, for people who do it and expecting them to quit for someone else is wrong in that sense. It really depends on the individual and what their motivations are, because if they are a low level celeb with little cash, then they might be willing to change their habits to take on that contract. However if someone is worth hundreds of millions, it may even be considered an insult to change their activities in order for some company to offer them a contract. People can often be rather flexible on this matter with the right contract on offer.

[Mrbluntzy]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?

I thought you tagged him as a Celebrity? A celebrity means that the person is highly recognized in the society or in the country or at the international level and such a person already has a voluminous earnings through other sources which is why they can turn down any offer they want because they will still have other big offer from other clients. As I am right now on my financial state, I can call it a reckless financial decision but in his financial level and status, it is not a reckless decisiondecision.  He only took a decision based on his wellbeing.

[Rruchi man]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?

Considering the status of a celebrity, they may be able to get income from other sources and from other sponsors that will come after and will permit any of their excess behaviors or habits, so as a celebrity I say they can afford to make that decision and may never see the consequence of it. The decision will however have severe consequences for someone who is not financially strong/buoyant, or even an upcoming celebrity.

What other reckless financial decision do you know or have heard of?

Choosing to take full financial responsibility for someone you are not married to is a reckless financial decision. Sponsoring completely and taking care of all the bills of a lady that you are not married to as a man, is a reckless financial decision because if you hope for marriage, and then you never get married for some reasons, you would have wasted a lot of resources that should have been invested in bitcoins, and if you hope for marriage and then get marriage, you would have created a liability because you will be expected to continue carrying out all the responsibility of providing for every need of the home as you were doing while in courtship. It is not bad to spend on your partner during courtship, but always give room for them to grow some independence and be able to provide the most basic needs for themselves.

[Egii Nna]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

I won’t classify this as a reckless financial decision for some reason because it deals with choice. There are two different concepts in economics: which are goods and services. If you are selling goods and you turn down such an amount of funds, that is when it will be considered a reckless financial decision, but when rendering a service, it might not be considered as that. Because you can’t accept a deal and end up cheating yourself, what is the essence of having money and not being happy? So to me, the celebrity who did that did it for his own reason, so I don’t think we are supposed to judge him since we don’t know his personal reasons for doing that.

Moreover, if he is a celebrity, that means he has more than that, so maybe he will think that what he already has is enough for him to stress himself to go to places where he will not be comfortable, so that is why he rejected the deal, although even if I am the one, I will also do the same because if I am restricted to some of my lifestyle, that directly shows that I won’t be comfortable, so I will also reject the deal because you need to be rich in your comfort zone.

[wxa7115]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

You cannot take the incident in isolation, you talk about a celebrity so what is their net worth? If it is tens of millions or hundreds of millions, they can afford to turn down such an offer for personal reasons and I will not consider this being a reckless financial decision, just one based on values I do not share.

However if the person in question was bankrupt or had very little money, your argument would make sense and I will consider that to be a dumb decision, as most of us have to do things we may not feel excited about it, but that are part of our jobs.

[DeathAngel]

It’s a reckless financial decision for some people to turn down that kind of money but if the celebrity in question is wealthy & can afford to not take that role then whatever. If he sticks to his principles & smoking weed means that much to him that he doesn’t want to take the role then it’s fine.

[Ever-young]

One thing is about the money another thing is about the terms which follows with the money.

Sometimes we need to look beyond just the payment and focus mainly on what we like if they terms of the deal is going to suit us or if we are not going to be comfortable in the rest of the deal until it’s done, our happiness and things we want is priceless and their are people who can turn down a life changing opportunity just because it will deprive them of what they love.

The person in question is already a multi millionaire if not billionaire before he could be able to resist such an offer just be sure they won’t allow him enjoy his weed, they have the money which we offered to them already so with or without the deal they are already rich and they don’t consider that amount worthy to deprive them of their pleasure.

[lovesmayfamilis]

You don't have to be a celebrity to make such stupid decisions. The main thing in the whole story is vanity and pride. A person who decides that he has the opportunity to dictate rules to others clearly puts himself above the rest. The funniest thing is when we see similar actions from those who have not achieved anything but are full of pride.
Wise people always have a cool mind so as not to commit rash, hot actions because they understand that time can change their future so much that one day they simply will not have a choice.
I like the saying that, when you go up, remember those below. Because when you start going down, you will meet their faces.

[kryptqnick]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

A low-income person turning down a multi-million dollar deal because of not being allowed to smoke weed is a reckless financial decision because this person could really use a huge financial boost and should be willing to compromise some inconveniences for it. But you're talking about a celebrity, which to me means that this person is likely to already have significant wealth. In that case, the marginal value of this deal for a celebrity is much lower than for a low-income person, which means that a celebrity can make more demands and turn down a deal for personal reasons even when they aren't objectively serious. So no, I don't think that's a reckless financial decision because there's no risk here, and I think a celebrity is fine with the consequences.

[bluebit25]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

If the person OP mentioned has made that decision, it is simply a personal decision, and if I look at it frankly, I also think that person will also have other big contracts. Accepting/rejecting agreement has many issues behind it, but people who are outside the problem can talk about being reckless but try to put themselves in the position of that thought to feel. Always know that we are not the same, and every choice works the way we want, without imposing too much on what is good for them when we have not had the opportunity to do it.

[davis196]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

Who is this celebrity? Do you want to keep his name a secret?
Maybe this celebrity is rich enough, so he could turn down a multi-million dollar deal without any regrets. Why do you think that this decision is reckless? We don't know the mindset of the extremely rich people(millionaires and billionaires). When you own 100 million dollars, adding 10 million dollars doesn't seem like a big deal for some rich celebrities. Maybe this guy simply wants to chill and smoke weed, instead of making more money. Some people don't want to make sacrifices and change their lifestyle and habits for financial gains.

[philipma1957]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

Yes the multi-million dollar company has made an extremely poor choice by attacking weed.

Interested to know the companies name so I can boycott them.

It is amazing to see no one else is angry at the company for being foolhardy and stupid.

I personally do not do weed anymore but if I want to go back at least I live in a state (New Jersey) that

allows it.

[dothebeats]

Perhaps they are just upholding standards to protect their image from some of their investors and partners. It could be a bad financial decision to them, but they might lose a lot of money in the long run should they go with the deal and continue with that celebrity who are clearly not 'aligned' with the standards they are upholding. These reasons they have are probably more important than them getting that celebrity to promote or advertise their brand.

Then again, there are some classic examples of companies regretting such decisions when their prospects achieve even higher highs than them. It may work out, it may not, and it's one of those decisions that successful companies do that makes them stand out against other companies out there. Also, if that company is working against weed, or their products are literally antagonizing weed, it's just stupid of them to sign that celebrity anyway.

[Porfirii]

It could be a reckless financial decision or choice, depending on the economical situation of the person who is taking those choices. A celebrity can turn away money and deals if already has enough money to fend off for much time with their savings and other enterprises.
-snip-

-snip-
seeing as the OP's topic is about a celebrity.. then its probably someone with wealth already..
so its not a money question. its a unconditioned life living as is.. or a conditioned life taking the deal

That is the clue. It is said that we all have a price, and although I don't totally agree with that sentence, the truth is that this price differs a lot from a rich person to a poor person.

Some think that the higher the salary a worker gets paid, the more importance he will give to extra holidays compared to extra earnings, and viceversa. Kahnemann called this breakeven the “happiness plateau”. Although more modern research seems to cast doubt on this theory, I think that Kahnemann was right, at least if we do not take into account the most materialistic population.

That said, if the celebrity we're talking about has enough money and he is not a purely materialistic guy, then choosing to be free to do what he wants (smoking weed or whatever) seems perfectly natural to me.

This reminds me of the news we hear about top football players: many of them are willing to move to the Emirates with their families just because they are offered even more millions to play there. While it doesn't make any sense to me (they are already rich!), some people always want more. The worrying thing is that we often see it as reasonable, but we doubt about the recklessness of the opposite case, as the title of this thread shows.

[Husires]

I read a story about a famous person who went bankrupt and refused to take off his ring to clean cars. The value of money decreases when you earn a lot of it. If you are an employee who earns $100 a month, it is different from someone who has a salary of $10,000 and who can spend this $100 on one meal.
When you have a lot of money, you start looking for rare things, such as limited edition cars, gold-plated phones, or things that others cannot own.

[bittraffic]

It’s a reckless financial decision for some people to turn down that kind of money but if the celebrity in question is wealthy & can afford to not take that role then whatever. If he sticks to his principles & smoking weed means that much to him that he doesn’t want to take the role then it’s fine.

Like Johnny Depp who was offered $300 million by Disney to come back for the Pirates of the Caribbean. He turned it down because of what Disney had done to him during his battle against his X-wife. That's a huge money and anyone would yes if he is just struggling with his career. But Johnny is moving on.

Not sure if this is reckless to him but it sure sounds reckless for someone who is looking forward to just forgetting everything behind.

[Apocollapse]

Your example don't make any sense, do you think every people in the world like you? nah. You doing something, there's a person don't like your progress, you don't do anything, there's a person don't like you because he think you're lazy.

When a celebrity turns down a company, there's always an other company will reach him.

Mostly company that accepts smoking weed are related to gambling, sexuality, and beers.

[kingvirtus09]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

You know from my understanding that if you invest in an investment scheme where you don't even do any research and just invest, you are putting your capital at high risk. And when you do this as an investor, it can be called a reckless decision without thinking properly first.

Then, when we say the word "riskless," it's broad in general terms; it can be financial, it can be individual problems, and so on. It can also refer to not valuing retirement savings, which also includes reckless decisions.

[spectre71]

Getting married, definitely getting married. A guaranteed loss for the average man. 

[tsaroz]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

When it comes to rich people, the money is generally not an issue. So, they want to live their life as they want. And when you can afford, it's better to live your life with your standards. What's the use of money when you can't enjoy it. That might be the understanding of the celebrity in question.
Celebrities are expected to have an ideal image and many brands still believe marijuana would hurt the brand image. It's an advantage of not being a celebrity that people like me are never asked by the employer not to take marijuana or alcohol.
Marijuana could be bad if people are destroying their life and finance being high all the time. It's not an issues when you are enjoying at your spare time.

[el kaka22]

Depends on how much money you already have. I mean Matt Damon famously rejected Avatar, for a share of the box office. That could be one of the biggest rejections in history of the world, we are talking about rejecting 200 million dollars, I am sure there must have been some bigger in some other industry, but this is certainly one of the highest ever.

It is not really about regret, it's about the fact that if you have enough, you are in a position to reject. If you offer something terrible, like lets say keep the acting going, you hire some homeless person to play a homeless person for 15 dollars, sure they may accept, even for a soup and a sandwich with a fresh drink, cheap but if you offer that to Brad Pitt, he would reject. It's all about the position you reject from.

[acroman08]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

it depends, if the celebrity is already a multimillionaire, millionaire or maybe not even a millionaire but is in a place where they can deny multi-million dollar roles and it wouldn't affect them financially, then no, it is not a reckless financial decision. That person is basically prioritizing themselves and what they want and not how much money they'll get from a role.

[Yatsan]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

He just knows his "value". He simply knows that money won't be limiting himself from the thing that he wants. Also, he'e a celebrity, he's been offered big amount because there's something from him and that he knows that such opportunity will again come and might even be higher. Being offered means there's a demand, and if there's a demand there are competitions but that's another story to tell or discuss about. Bottomline is he don't wnt to adjust his habits just because he is being paid. There's no need to settle for "less", and that's subjective.

Depends on how much money you already have. I mean Matt Damon famously rejected Avatar, for a share of the box office. That could be one of the biggest rejections in history of the world, we are talking about rejecting 200 million dollars, I am sure there must have been some bigger in some other industry, but this is certainly one of the highest ever.

It is not really about regret, it's about the fact that if you have enough, you are in a position to reject. If you offer something terrible, like lets say keep the acting going, you hire some homeless person to play a homeless person for 15 dollars, sure they may accept, even for a soup and a sandwich with a fresh drink, cheap but if you offer that to Brad Pitt, he would reject. It's all about the position you reject from.

Indeed another reason to consider. If he has existing deals and contracts with other organizations or companies, then it won't be that much of a loss for him. He would for sure not display such pride without having something to back him up. If it is really that "big" in his perspective, he won't reject it at first and will most likely adjust himself. Knowing your value means knowing what you want and what you don't, as well.

[Dr.Bitcoin_Strange]

Rejecting an offer that prompts you to avoid what makes you happy is not a harsh decision to me; it's obviously for the individual's personal reasons, like having peace of mind and doing what they are happy with. 

If already I have enough wealth and riches that I am satisfied with and I don't really need any offers that discomfort me, I don't mind rejecting such offers without minding the price that comes along with them. 

It's only someone who doesn't have any further options who can settle for anyone they manage to find. Those who believe that they will definitely find more opportunities will always be picky about the kind of offers they accept. 

Some years ago, while I was still working at a place, my boss said I didn't have to wear any form of jewelry to work. There were no chains, no rings, and some other restrictions that were just so unfavorable to me, but I had no options unless I accepted and started the job. 

[famososMuertos]

Let's get to the root of the matter, is this even questionable, that is, arguing whether this case is absurd based on what is mentioned, it is absurd to even discuss it.

That itself should make us question ourselves, that is, question basic principles.

On the other hand, the idea that can be discussed is the religious aspect, health, even beliefs.

For example, Michael Jackson was about to reject Thriller, the most viewed video and best-selling song of all time because he did not believe in zombies, he was against his thoughts.

MJ almost rejected it, he agreed on the condition that a message that people can read before starting the video, it was placed, even in its 4k version it maintains it.

Perhaps with the talent he had he would have achieved something similar, but it is still his greatest success and the one that made him the most money at that time and still today, in this case it is criticizable and we can fall into divided discussions.

But there are cases that should not even be raised, nor named, much less discussed, they are nonsense or the feeding bottle of som celebrities.

[Barikui1]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

I really don't think that's a reckless financial decision because everyone has what is important to them, or let me put in this way that, everyone priorities are not the same, you, you are thinking of the money involved while that celebrity is thinking of his pleasure and convenient.

You have to understand that most people are satisfied with what they have,  such people if you offered them a multi billion dollars contract that inconvenience them, they will turn it down because that's not the most important to them, so to me it's not a big deal, everyone can't reason or behaved the same way, and I want you to know that we all have eye to look, but we see differently.

[GbitG]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences. 
What other reckless financial decision do you know or have heard of?

It could be considered a reckless financial decision by others, but for the person who has rejected the offer, it might not be because he can afford to do that and they might not be ready to compromise on anything that they do or like doing no matter what it is. It often becomes a question of self-respect, and when you feel that your self-respect is being compromised in a deal, you wouldn't see the financial loss you may incur if you rejected the offer.So it can differ from person to person. Some might be ready to leave things that they do for a good offer because they can't afford to lose a good deal, and some might not care about money if they are asked to stop doing something that they often do.

[alastantiger]

The word financial recklessness doesn't exist in the vocabulary of celebrities of the rich and wealthy in the society. These are people who buy handbags worth millions of dollars only to use it once and abandon it forever. The person in the story, cannot reject such a deal. I don't know who that person is but a multimillion dollar deal is what made Rihanna fly all the way to India to perform at the wedding of the children of one of the richest person in India.

Well the whoever the person in the story is, is not Rihanna but it should not be called Financially reckless.

[Orpichukwu]

I guess I can relate to this this post, or maybe i have heard of that decision some where.

This is not new news again; it was something that happened sometime last year, and the celebrity in question was Nigerian Afrobeat singer "Burna Boy." The deal was a contract with an organisation in Dubai that was worth $5 million. He turned it down because the contract said he wouldn't be allowed to smoke his weed in there as it's considered illegal. 
 
Why I rejected a $5 million offer to perform in Dubai, Burna Boy It was just a one-night performance, but he turned that down. He is worth the money, and losing that was really nothing to him, so he can't consider it reckless.

[topbitcoin]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

Maybe because the celebrity already has enough money and maybe doesn't need a job anymore or something, but this is a decision that feels less than rational, because how can he miss out on a good opportunity just because he can't let it go. bad habits he often does? even though it was only temporary, because when his contract expired, he could return to his bad habits, namely smoking tobacco and marijuana.

and I'm sure one day he will regret his decision. And the same problem also happened to one of my close friends who is a businessman and also someone who loves football matches and likes betting on it, where one day he decided to miss a meeting with an important client just because he didn't want to miss a football match. with the reason being that he placed a big bet in the match. In the end, the bet was lost, while his client felt so disappointed that he chose to terminate the contract with him, and it became a loss for the company he led.

[philipma1957]

Getting married, definitely getting married. A guaranteed loss for the average man. 

I guess I am not average.


1986 to Now means 38 years in a few months.  It has been very good really good.

[boty]

The word financial recklessness doesn't exist in the vocabulary of celebrities of the rich and wealthy in the society. These are people who buy handbags worth millions of dollars only to use it once and abandon it forever. The person in the story, cannot reject such a deal. I don't know who that person is but a multimillion dollar deal is what made Rihanna fly all the way to India to perform at the wedding of the children of one of the richest person in India.

Well the whoever the person in the story is, is not Rihanna but it should not be called Financially reckless.

When someone has enough wealth for them to use it for whatever they want, of course they will never think about spending their money and for those of us who don't have money like them, of course we have to organize well how to manage the income we have properly, because If we use the income we have carelessly then the income we get will never be enough to meet the needs we need for a month and for those who already have a lot of money, of course they will think about how they appear in front of many people so they can appear luxurious. and this is only natural because they have sufficient wealth to be able to fulfill their desires.

[Natsuu]

Rejecting an offer that prompts you to avoid what makes you happy is not a harsh decision to me; it's obviously for the individual's personal reasons, like having peace of mind and doing what they are happy with. 

If already I have enough wealth and riches that I am satisfied with and I don't really need any offers that discomfort me, I don't mind rejecting such offers without minding the price that comes along with them. 

It's only someone who doesn't have any further options who can settle for anyone they manage to find. Those who believe that they will definitely find more opportunities will always be picky about the kind of offers they accept. 

Some years ago, while I was still working at a place, my boss said I didn't have to wear any form of jewelry to work. There were no chains, no rings, and some other restrictions that were just so unfavorable to me, but I had no options unless I accepted and started the job. 

Right. If you're financially comfortable and content, rejecting offers that don't align with your happiness is a reasonable choice. Having the luxury to be selective is a privilege. Situations like your past job where compromises were necessary for employment highlight the challenges some face when choices are limited. Everyone's approach to such decisions is shaped by their unique circumstances and priorities

[icalical]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

If this is a performance related work, then it needs more context. Some celebrity feel they could perform better when they do some rituals like smoking weeds before show or other things. So, if they couldn't perform with their best because they can't smoke weed, and they just turn down the job, then it actually is the right decision, saving them from ruining their reputation that might give them even more potential financial loss because they accept a job that doesn't allow them to perform their best and then could ruin their reputation.

A good financial decision is not just about making the most money at the very moment, but how to keep our business, and our client expand and make our income stable and sutain.

[Dailyscript]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

Indeed, it is a reckless decision if the celebrity's net worth is not even up to one quarter of the deal that was given to him. I can only see it as normal if the deal was nothing much for the celebrity. Only celebrities' that have a very high net worth or money would actually do that type of deal. These celebrities are not motivated by money or influence; literally, they don't need it.

[Claudeake]

The decision of the celebrity is not a reckless financial one. It is based on conscience of the individual. Though, money is needed for the possession of assorted goods and services. But, wealth is principal of all things in the human society. It enables the individual to deal with the dynamics of the contradictions of the human society.
Therefore, the celebrity considers the smoking weed an act that does justice, peace and tranquility to his soul more than the offered money.
Thus, reckless financial decision is relative to different individuals on the basis of conscience and personal choice.

[moneystery]

i don't think that it was a reckless financial decision because if he was a public figure, let alone a superstar, he might think that drugs have become a part of him and his fans tolerate him consuming them. so that when there was an offer like that he didn't think it would be a loss to refuse the offer because he already knew how much he valued himself. surely he already has his own calculations so that he can reject the offer, and already has the calculation that without this offer he can still get another offer which will value him more.

it's a different matter if he is someone who really needs money, but he refuses the offer, maybe that could be said to be a reckless financial decision because he doesn't think about the consequences of his action of refusing the offer.

[harapan]

I see it as a reckless financial decisions,but  the person who is supposed to handle the deal might not see as a wrecking decision that he took,because he knows his worth,and he wouldn't want to be monitored and authorized unnecessarily;although I don't know how he takes and sees the idea of not smoking in camera,but at least he can simply quit smoking for once.
But it's okay to reject contracts that you find inconvenient and uncomfortable.

But The truth is that the public needs something better than smoking/smokers.The company's core values and standards will likely depreciate If their clients finds such an activity,that won't be proper.In as much as the company's growth and reputation is their paramount concern,and they should not be seen promoting illegal habits like smoking.

[Casdinyard]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

Depends really, this is a celebrity we're talking about with propensity to drive millions of dollars towards themselves, and not just be a driving force to be used by brands and figures for their own personal gain. The management probably sees this potential in the person and decided that it's not worth the multi-million dollar deal, and thus opted to not go for that particular option. In which case I wouldn't really call it a reckless financial decision cause at the end of the day, the celebrity's got something more valuable (at least intrinsically) than the money at the table, which is his reputation, his brand presence, and the potential that he could put to the table that may be jeopardized if they went with the weed product deal.

What I would consider a reckless financial decision is buying stuff under credit in the heat of the moment. For example. I've got an uncle who's indecisive and is often duped into purchasing products he doesn't need out of the pressure exerted against him by salespersons on the mall. That is an example of a reckless financial decision, not the one you just gave us in my opinion.

[itorai]

I read a story about a famous person who went bankrupt and refused to take off his ring to clean cars. The value of money decreases when you earn a lot of it. If you are an employee who earns $100 a month, it is different from someone who has a salary of $10,000 and who can spend this $100 on one meal.
When you have a lot of money, you start looking for rare things, such as limited edition cars, gold-plated phones, or things that others cannot own.

The value of money decreases when I have a lot of money is very possible, because royaltas will also increase when i have a lot of money whatever i want i will buy yee... even though i don't really need it. Sometimes most people think that rich people are free, want to buy anything at any price is not a problem, but unfortunately it's just a dream of mine, whether it materializes or not i don't know especially since i'm just a person who dreams big and doesn't try much to achieve his dreams. Yes, although it does not rule out the possibility that i keep trying my best.

[tabas]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?

Totally reckless. Stardom can fade in the next few years when you're not obeying your organization's liking and instructions and so as your manager. That's a multi million dollar deal and just for the sake of smoking weed or any violation that you've been told to stop, you have to stop that on an instant if you like your career. Understanding being in the entertainment industry will make you realize that this career won't even last forever for the most of the talents and celebrities and that's why wasting such deal is a reckless move and decision.

Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

When Dennis Schroder rejected Lakers a multimillion contract offer which was estimated $84M. And then, he's signed back to Lakers last year for $2.64M.

[MarjorieZimmermanGinger]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

There are many people who make reckless decisions in this world when considering financial decisions and no one knows why they make those decisions. There are risks that need to be risked every day and it's not just celebrities because everyone in this world has their own financial conditions. Basically, using drugs is not a good thing because it can affect people's lives if used excessively and drug addiction can also affect other things for the worse.

Financial advice and financial decisions taken by each person have their own responsibility and these decisions should not be taken carelessly. If not, we will face the consequences of risks that will occur and when the decisions we make are wrong, these risks will have an impact on us.

[Falconer]

-snip-

There are many people who make reckless decisions in this world when considering financial decisions and no one knows why they make those decisions. There are risks that need to be risked every day and it's not just celebrities because everyone in this world has their own financial conditions. Basically, using drugs is not a good thing because it can affect people's lives if used excessively and drug addiction can also affect other things for the worse.

Financial advice and financial decisions taken by each person have their own responsibility and these decisions should not be taken carelessly. If not, we will face the consequences of risks that will occur and when the decisions we make are wrong, these risks will have an impact on us.

That's true, I think that is one of the realities of life that happens every day. Hasty decisions regarding financial management are proof that financial management is not useful for him. The aim of managing finances is to avoid financial problems or minimize them, but many people fail to understand this and practice it.

Do you know how important a reserve budget is every time you want to spend money?
Regardless of what your money needs are, a reserve budget must still exist. You should be able to set aside a few percent of that budget for a reserve budget instead of spending all your money on whatever needs. But the opposite may be true especially because they still think that they can get another lot the next day or next month.

[Mpamaegbu]

~snipped~

Sounds like Snoopdog.

Nope, not Snoopdog. The subject of OP's content is a Nigerian musician, except I missed it.

I first heard of that gist from ID Cabasa (smart and intelligent dude) on Nedu's podcast and I was like, "what the heck did I just hear?" Anyway, it's the musician's call to make. It's his shinning hour and he's got the world at his feet at the moment. Nonetheless, he shouldn't also forget that the same world he's got now is the same world that will mock him when he begins to dwindle in his fortunes. For me, I think what he did even goes beyond that refusal of his to putting out a persona of him that he's too picky and arrogant. Of course, he's. Judging by his interactions with other celebrities lately, one can't say otherwise.

[jrrsparkles]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

In my opinion, it's not a reckless decision at all and I just see the person prioritizing his self-respect or freedom over money in this case. Do you let someone decide what you want to do or do you want the freedom of deciding on your own?

I consider someone who decide without deep research like investing on crypto without even learning about it's basic things because they see someone who made tons of money in that is the reckless decision or someone who starts a restaurant without having any experience in that particular field and invest tons of money and in just over months went bankrupt.

[electronicash]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

In my opinion, it's not a reckless decision at all and I just see the person prioritizing his self-respect or freedom over money in this case. Do you let someone decide what you want to do or do you want the freedom of deciding on your own?

I consider someone who decide without deep research like investing on crypto without even learning about it's basic things because they see someone who made tons of money in that is the reckless decision or someone who starts a restaurant without having any experience in that particular field and invest tons of money and in just over months went bankrupt.

freedom is costly that's why some celebrities pay for it with their careers. i have no idea why this celebrity prefers to quit all because he can't smoke weed but definitely. he can weed in hiding or just at home that's where he can smoke. it's reckless that could damage his career and his finances, finding another career is the only option for them as social media will bombard him with criticism.

celebrities are often controlled by their sponsors, especially in terms of saying their points of view about politics. hollywood actors are just not able to criticize politicians that is their policy and if anyone does it, it better be with the sponsor's approval.

[Dzwaafu11]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?

I cannot call these reckless financial decisions because the celebrity knows how much he is worth before turning down such an amount of money. Although I know the celebrity you are talking about, it is Burna Boy who turns down 5 million US dollars because he won’t be able to smoke in Dubai, but obviously if you look at Burna Boy, you will know he is worth more than the money he turned down. Furthermore, this is his private life, and maybe he can’t do without smoking weed, so he has to make that decision on his own. However, when you have so much money, you won’t know the value of it, especially when you are very wealthy and have everything you need in your possession. You won’t be willing to turn down some amount of money.

However, the artist who did these is making millions of dollars per show. For him to turn down a single show worth $5 million is nothing for him because he knows he will get more than that in less than a week or day. So I won’t call these reckless financial decisions; he knows why he made them. 

[red4slash]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?

It depends on their perspective because in the end it's not just about financial issues but there could be priorities that come first.
So when their habits are restricted such as not smoking or not drinking alcohol in an agreement but they are cigarette and alcohol addicts I think they will definitely reject it outright because after all when someone who already has an addiction problem to something it will definitely be a little complicated if it is abandoned.
Regardless of whether it is reckless management or not I think in the end it depends on the choice that is made because forcing to follow the rules but in the end it hurts themselves I think it is also not a good deal.
Everyone has a different point of view and situation to decide on this so I guess it comes down to each person's choice in the end.

[Adreman23]

I believe it's an addiction because he can't resist the urge. Even during work or performances, he feels compelled to smoke weed. If it weren't for this addiction, he would have seized the significant opportunity, offering substantial payment and a great boost to his career. Addiction can truly dominate one's priorities, and the only solution when it becomes severe is for the person to seek rehabilitation.

[Yogee]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?

I instantly thought of Snoop here. Is he the one you're referring to? His influence in the industry must be still "high" that's why he's not afraid to turn it down. People who can refuse these kind of deals are probably financially capable or know other ways to make money so it's not entirely reckless.

There was also another actor who turned down a multi-million job because they require him to get a jab first. He refused and I think people who knew that situation were questioning his decision at that time.

[Pi-network314159]

Life is all about decipline, personal decision and objective. Some people chose to represent what they believe or what they think is more important to them than others. Personal decision should be respected no matter the challenges. to the musicians weed gives them inspiration that pass a message across the congregation than a billion dollars. so the message he/ she passes, is the fun and joy he gets. So his decision may be for an important decision to him and not to any body

[franky1]

if a celebrity already has millions, thus his lifestyle is secure.. an extra million achieves no extra benefit..
.. however money that comes with terms/conditions that interrupt someones lifestyle actually has a negative effect and can wreck his lifestyle more than not taking the money

[sekalitas]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

If he already has a lot of money and high demand in his industry, turning down a multi-million dollar deal might not be as bad as being forced to quit smoking weed. Stopping weed use could potentially impact his productivity to a degree that hinders future deals. Ultimately, whether this is a reckless decision depends on his specific circumstances. As long as the potential benefits outweigh the risks and he understands the consequences, it wouldn't be considered reckless.

One example of a reckless financial decision I've heard of is resigning from a secure job to open a business without adequate savings or relevant experience. In this scenario, the individual needs to learn everything from scratch, and the business needs to become profitable quickly to avoid depleting their savings. This is considered reckless because it involves a very high risk of financial failure.

[MarjorieZimmermanGinger]

That's true, I think that is one of the realities of life that happens every day. Hasty decisions regarding financial management are proof that financial management is not useful for him. The aim of managing finances is to avoid financial problems or minimize them, but many people fail to understand this and practice it.

Do you know how important a reserve budget is every time you want to spend money?
Regardless of what your money needs are, a reserve budget must still exist. You should be able to set aside a few percent of that budget for a reserve budget instead of spending all your money on whatever needs. But the opposite may be true especially because they still think that they can get another lot the next day or next month.

Not many people are able to minimize unproductive expenses so they fail to make financial management more precise. Financial problems will be the most crucial now, because if people are unable to keep up, it will have an impact on the course of life. For example, such as living expenses, health and children's school fees. In parts of the world there are many people who suffer from illnesses and children who cannot go to school because they do not have money so they are forced to accept the situation.

Allocate money for several things, apart from meeting living needs, investment, business and other needs in living life. This concept will be very difficult to implement if someone does not have a steady source of income and now one needs to think about how to make money regularly even if it is a little smaller. It is better to have a small but regular income than to have no income to meet all your needs.

[Kakmakr]

It is only a reckless financial decision, if you do not have other opportunites lined up. A lot of these celebrities have loads of offers thrown their way, so they can pick and choose what they want.

It will be seen as a reckless decision, if you are a upcoming star and if you turn down a offer based on that reason. Other companies will not want to work with you, if you do that early in your career.

[naikturun]

I think that was his choice, because maybe from the start he started his career and made an agreement with himself or his team to make a rule that must not be broken.
so maybe that is one of the reasons for the story you mentioned.
there was nothing reckless about refusing that, at least he/she had discipline.

[Fivestar4everMVP]

A celebrity who turns down a multi-million dollar offer or deal simply because he is not allowed to smoke weed is definitely reckless with his or her financial decisions, but this is in my own perspective alone, for there is still the possibility that the celebrity may have other reasons why he or she turned down the deal that is maybe outside the company not allowing him or her to smoke weed.

Personally, I've never done weed, and will never do it, for I detest it, but I don't judge people who are into it, some are addicted to it, and because of that addiction, they can't perform outside or without taking weed, this also may be the reason why he turned down the multi-million dollar offer, maybe he or she is already addicted to weed, and can't perform the deal as he is expected to perform, if he doesn't smoke it, and instead of him or her ending up not meeting to the expection of the company, and also disgracing him or herself in public due to lack of inspiration, which is as a result of not smoking weed, he or she felt it better to just turn down the offer, for in the money, money is not everything, most especially when already have a lot of it.

Multi-million dollar is a huge amount of money, only to those who don't have it yet, the celebrity in question may have multiple of it, and this means nothing to him anymore, so, to him or her, he or she lose nothing by turning the offer down.

[ThePromise]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

It depends on your own decision, as you said, he is an artist so it is possible that he has many other projects, offers and other promotions with a large income, We cannot say that the artist's situation is a reckless financial decision because he is really rich, It's not like if it was offered to a normal person and then it was not accepted, that's when I can only say that it was a reckless decision because you let go of the opportunity that was coming to you, knowing that you are not rich and the money will be big as long as you stay away from the vices that you have.

[pinggoki]

I don't think that it's a reckless financial decision, that celebrity's got a lifestyle that he/she can't live without and so he ends up having to decline it, I guess that celebrity has a principle that he doesn't want to break anytime soon plus he's a celebrity so I don't think that they're going to have a problem finding other million dollar deal, and I don't think that they're going to be offered a million dollar deal if they're not already a millionaire and from what I can deduce from that, these celebrity's probably financially stable and got a lot of income stream so that rejection might not be a big deal to that person, maybe it's just us at the bottom that sees it as a reckless decision and I think that we can learn something from that person.

[tiCeR]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

Well, accepting a deal that has long-term negative consequences down the road could be more reckless than actually accepting the deal. I don't know what celebrity you are talking about, but when you take Snoop Dog as an example, I think any deal that forbids him to smoke weed would probably harm him more than it would do him good financially. If these guys are active in the cannabis industry, their lifestyle is part of their marketing agenda. What good would it be to sign a multi-million dollar deal with whatever brand that has nothing or not much to do with the agenda that these celebrities are pushing otherwise?

I think it is all about the balance between the cons and pros and without knowing which celebrity you are talking about, it is hardly possible to give a more specified opinion on the topic. You could look at this from all angles anyway.

Reckless financial decisions that I remember from the top of my head is something like Ronald Wayne selling his 10% equity share in Apple for a total of $2300 in 1976/1977.

Or Steve Ballmer who refused to look into smartphones when he was still Microsoft CEO.

You could argue that Elon Musk buying Twitter for over $40 billion paid way too much. But since it serves his agenda, he might not have cared about paying a premium.

[Richbased]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

It amazes me how some persons would just turned down huge offers and deals just because of a condition that's attached to it and I think what causes some of this decision is too much ego (high self esteem).

Some people feels that with the wealth they've acquired in life, they can influence how they want their business to go with others.

Pride is very bad for any business person because it will surely lead to one's downfall. Okay let's take a scenario whereby he keeps rejecting deals as a result of the fact that he isn't allowed to smoke weeds, how is he gonna keep growing? It's very bad that some people just feel so full of themselves to the extent of being too ignorant of some nasty decisions they take.

[Kelward]

What an average income earner considers as financial recklessness can be a regular lifestyle of celebrities and the super rich, so it's a relative term, meaning that what you consider a foolish financial decision can be what another person does for fun. So it depends on the financial status of the celebrity that is discussed in the OP, if he's supper rich, perhaps a billionaire, then he can easily give his weed more priority than the deal that he was offered, but if he was not super rich and turned down a money that can increase his fortune, then it's foolishness on his part. Sometimes we need to sacrifice by giving up a habit temporarily in order to achieve something greater,

[kingvirtus09]

It is only a reckless financial decision, if you do not have other opportunites lined up. A lot of these celebrities have loads of offers thrown their way, so they can pick and choose what they want.

It will be seen as a reckless decision, if you are a upcoming star and if you turn down a offer based on that reason. Other companies will not want to work with you, if you do that early in your career.

There are other celebrities who are also careless in their decisions, in fact, and regretted in the end because they made a rash choice that they thought was the right thing to do.

That's why even if I became one of the celebrities and reached the popularity or fame that they have, I will not waste the opportunity that everything I worked for will just go to nothing,

we should not waste everything we worked for.

[Odusko]

A celebrity who turns down a multi-million dollar offer or deal simply because he is not allowed to smoke weed is reckless with his or her financial decisions, but this is in my perspective alone, for there is still the possibility that the celebrity may have other reasons why he or she turned down the deal that is maybe outside the company not allowing him or her to smoke weed.

The negative impact of drug usage in the music industry is high and at that many artists take the drug to be a maguc food for them and for that, they are now so reckless to the point that they turn down almost everything that is outside smoking weed and taking the drug at all time even in public,  the artist may not know the impact and effects of his action now, but wait until there is no more deal for them they will realize the importance of putting business first before pleasure.
Just as you said anyway, it sure is a thing for us to assume that no public smoking is the reason he turned down the offer, but there may be more to that aside from the weed thing.

[Woodie]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?

When it comes to such deals, it's not always about basing everything about financial gain, and considering this is about a celebrity...this means self image, reputation is everything and if you became a celebrity as an activist against drugs..there is no way you will endorse a drug related brand just because they are paying you well. Should you go for the money, expect your celebrity status to go down the drainage!!!

Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

I guess by definition given above, this qualifies to be a reckless financial decision, case closed!

[ancafe]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?

For me it depends on each person's point of view and we also have to look at whether smoking marijuana is prohibited in that country. Decisions are taken based on considerations, whether they are risks or considering other things.

Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

The definition of a decision will be different if it is related to a prohibition, for example in my country smoking marijuana is a crime if caught, therefore the decision not to take the job is a rational choice. Every decision must have consequences that must be taken and these decisions should be considered carefully before everything is done. I've heard of jackpots in lotteries because in my area especially it's banned and has a negative side that the winner's family will tell so they try to ignore it.

But furthermore, I don't know whether he took the winnings because he bought the lottery through someone (agent) and maybe he took it secretly so that people wouldn't know about his behavior. It is based on different definitions and may also have to look at the place and conditions.

[slapper]

What irony. A celebrity wastes a lifetime of privilege on cannabis. Is it reckless? Absolutely. However, it's also a fascinating study of human priorities and how we value short-term gains above long-term ones. Some find this decision confusing, but it illustrates the complicated, frequently conflicting nature of human decision-making

Broaden the lens. Not an isolated instance. The financial world is full of foolishness. Like millionaires who go bankrupt owing to a lack of budgeting or investment. Or egotistical people that invest in failing businesses for no return to maintain an image. These instances demonstrate irresponsibility and a poor misunderstanding of value, risk, and financial management. The puzzling nature of human behaviour and the unpredictable ways we determine what matters to us are evident in these errors

[umbara ardian]

This celeb turned down a boatload of cash to endorse a weed product, huh? Sounds crazy, right? But hold on, there's more to the story than meets the eye. It's not just about the fat stacks of bills. Celebs gotta think about their brand, like their image and reputation. This weed product might not jive with their whole thing, you know? Like, if they're all about being a wholesome family icon, promoting pot might not be the best move.

Plus, there's always the chance of getting backlash from fans or even losing future deals. Gotta be careful about what they attach their name to, kind of like protecting their bread and butter. Now, your uncle with the impulse buying problem, that's a different story. He's not weighing the pros and cons, he's just swiping that plastic like nobody's business! That's where things get a little reckless.

[Juse14]

I think that was his choice, because maybe from the start he started his career and made an agreement with himself or his team to make a rule that must not be broken.
so maybe that is one of the reasons for the story you mentioned.
there was nothing reckless about refusing that, at least he/she had discipline.

Yes, he is a disciplined celebrity, disciplined to continue doing bad things. It is not like that..?

In this case, a celebrity or film actor is free to refuse an offer from any film producer. However, it must be remembered that producers have the right to make terms or conditions of contracts with the actors in their films. and he does this for the smooth and successful making of his film. Including by making a prohibition against smoking and using marijuana for film actors, because it is feared that this could slow down the process of making the film. For the prohibition on smoking, I think that is too much, but for the prohibition on using marijuana, it must be included, because when someone is under the influence of marijuana, they are often unconscious and do not have good control, so this can disrupt the process of making the film, and perhaps This is the reason why the producer made this ban.

and here it is clear that it was the celebrity who was wrong, he was "reckless" because he was unable to read the opportunity that came to him, and he was truly "reckless" because he missed this opportunity just to maintain his bad habits. Which perhaps this opportunity is an opportunity that other celebrities want and dream of.

[Lanatsa]

It is only a reckless financial decision, if you do not have other opportunites lined up. A lot of these celebrities have loads of offers thrown their way, so they can pick and choose what they want.

It will be seen as a reckless decision, if you are a upcoming star and if you turn down a offer based on that reason. Other companies will not want to work with you, if you do that early in your career.

There are other celebrities who are also careless in their decisions, in fact, and regretted in the end because they made a rash choice that they thought was the right thing to do.

That's why even if I became one of the celebrities and reached the popularity or fame that they have, I will not waste the opportunity that everything I worked for will just go to nothing,

we should not waste everything we worked for.

As if we do all share up with the same thinking but we do know that there are people who do make out odd decisions on which you dont even expect that it do really happens on which making up decisions
that you would really be having those thought on what the heck they've been doing? Getting famous and having that fame and tons of money will surely make you dumb in some conditions but shouldnt really be that bad as this. Some are really that trying to fight with their own principle and ego on which on the time that there's someone who wont be allowing or something that will not consider out on what they do
then they do become that sensitive on which it do comes into a point on making this shit decisions and make out those regrets afterwards.

When it comes to money making then all of us would really be doing our very best on trying out to close best deals on which we know that this would be adding up the income flow
but some might be thinking confidently that they wont really be needing it that much.

[jrrsparkles]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

In my opinion, it's not a reckless decision at all and I just see the person prioritizing his self-respect or freedom over money in this case. Do you let someone decide what you want to do or do you want the freedom of deciding on your own?

I consider someone who decide without deep research like investing on crypto without even learning about it's basic things because they see someone who made tons of money in that is the reckless decision or someone who starts a restaurant without having any experience in that particular field and invest tons of money and in just over months went bankrupt.

freedom is costly that's why some celebrities pay for it with their careers. i have no idea why this celebrity prefers to quit all because he can't smoke weed but definitely. he can weed in hiding or just at home that's where he can smoke. it's reckless that could damage his career and his finances, finding another career is the only option for them as social media will bombard him with criticism.

celebrities are often controlled by their sponsors, especially in terms of saying their points of view about politics. hollywood actors are just not able to criticize politicians that is their policy and if anyone does it, it better be with the sponsor's approval.

This reminds me of Air Jordan the man who brought Nike to the level of Adidas, and there are other similar real incidents too like Ronaldo's commission-based contract made a change in the partnership with brands. If a person with that influence try to be responsible as much as they can because their reputation matters more than anything but if a company decides what they should do further in their life is not acceptable and one who can realize their potential will reach more heights than what they are.

[RockBell]

What an average income earner considers as financial recklessness can be a regular lifestyle of celebrities and the super rich, so it's a relative term, meaning that what you consider a foolish financial decision can be what another person does for fun. So it depends on the financial status of the celebrity that is discussed in the OP, if he's supper rich, perhaps a billionaire, then he can easily give his weed more priority than the deal that he was offered, but if he was not super rich and turned down a money that can increase his fortune, then it's foolishness on his part. Sometimes we need to sacrifice by giving up a habit temporarily in order to achieve something greater,

These days you wonder where your money is going because it might not be necessarily that you are spending recklessly, but there are just too many things that we spend how money on now, starting from bills and a lot more and you are right is only when you do not have money you complain about spending if you see were the rich is spending you will know that the poor or even average person is just trying to manage, the rich have luxurious things that they spend there money on starting from cars, yacht plans and houses and lots. and they are always making money even s they are spending. and they don't go broke but average people will be scared of how their lifestyle will be when they spend money any how. but I believe everything is planned and the rich have money assigned to fund their lifestyle. and celebrities will need to keep up with their standard because they will keep spending both on wear and other kinds of stuff. After all, they will need to get people's attention and look expensive so that they will have a good price tag.

[batang_bitcoin]

I don't think that it's a reckless financial decision, that celebrity's got a lifestyle that he/she can't live without and so he ends up having to decline it, I guess that celebrity has a principle that he doesn't want to break anytime soon plus he's a celebrity so I don't think that they're going to have a problem finding other million dollar deal, and I don't think that they're going to be offered a million dollar deal if they're not already a millionaire and from what I can deduce from that, these celebrity's probably financially stable and got a lot of income stream so that rejection might not be a big deal to that person, maybe it's just us at the bottom that sees it as a reckless decision and I think that we can learn something from that person.

For me, that's a reckless financial decision. Yes, they may have their lifestyle but they can't sustain their lifestyle if it's not with these contracts. That's a huge money that's been thrown in the pit if that person can't stop some vices that the company or contract want him to get rid of.
It's not about the principle but that celebrity simply can't let go of his vice because once you're addicted to it, you can't get rid of it and that's what a real swag is, disposing million dollars of contract for a vice.

[Wiwo]

I don't think that it's a reckless financial decision, that celebrity's got a lifestyle that he/she can't live without and so he ends up having to decline it, I guess that celebrity has a principle that he doesn't want to break anytime soon plus he's a celebrity so I don't think that they're going to have a problem finding other million dollar deal, and I don't think that they're going to be offered a million dollar deal if they're not already a millionaire and from what I can deduce from that, these celebrity's probably financially stable and got a lot of income stream so that rejection might not be a big deal to that person, maybe it's just us at the bottom that sees it as a reckless decision and I think that we can learn something from that person.

For me, that's a reckless financial decision. Yes, they may have their lifestyle but they can't sustain their lifestyle if it's not with these contracts. That's a huge money that's been thrown in the pit if that person can't stop some vices that the company or contract want him to get rid of.
It's not about the principle but that celebrity simply can't let go of his vice because once you're addicted to it, you can't get rid of it and that's what a real swag is, disposing million dollars of contract for a vice.

Very currect because the celebrity is a clear example of what addiction can do to anyone how can you let go of a multi million deal because you are not allow to smoke on stage, I don't know what the music industry is turning into with the over usage of drug, and come to think of it, won't this affects his future deals because many companies may buy caught such an artist if they know that he can work on stage without taking a substance such as hard as weed on stage.

I believe that celebrity may comes from my country, where the music industry is polluted with alot nonsense and promoting drugs and other negative vises, any ways, it is such a shame to have such outcome regardless of what the level of the musicians my be, if they keep rejecting offers, very soon they may go broke.

[batang_bitcoin]

For me, that's a reckless financial decision. Yes, they may have their lifestyle but they can't sustain their lifestyle if it's not with these contracts. That's a huge money that's been thrown in the pit if that person can't stop some vices that the company or contract want him to get rid of.
It's not about the principle but that celebrity simply can't let go of his vice because once you're addicted to it, you can't get rid of it and that's what a real swag is, disposing million dollars of contract for a vice.

Very currect because the celebrity is a clear example of what addiction can do to anyone how can you let go of a multi million deal because you are not allow to smoke on stage, I don't know what the music industry is turning into with the over usage of drug, and come to think of it, won't this affects his future deals because many companies may buy caught such an artist if they know that he can work on stage without taking a substance such as hard as weed on stage.

These vices are really addictive and that's what we can see with their images if they're in the entertainment industry. As if that it is making them cool but their influence to the younger generation is certainly odd and crazy.

I believe that celebrity may comes from my country, where the music industry is polluted with alot nonsense and promoting drugs and other negative vises, any ways, it is such a shame to have such outcome regardless of what the level of the musicians my be, if they keep rejecting offers, very soon they may go broke.

I guess that influences every country that have their own music and entertainment industry and that's full of those things. Well, once they're famous, they can do everything that they can and they can get away with it because they have money but going to the main topic if that's a reckless financial decision, it is and that will never change.

[Orekelewa Ade]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

The decision is termed reckless or not depending on who it hits. If it were to be me I wouldn’t turn down the offer but then looking at the potential or should I say the person who turned down the offer it could be because he has more than that or it could be that he can’t make a good performance without smoking.

But then I would also say there’s no need to judge much on the case because what another likes isn’t what the other would like,vice versa. For me I wouldn’t conclude it to be reckless he went for what he chose, our choices differs.

[justdimin]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

If this is a performance related work, then it needs more context. Some celebrity feel they could perform better when they do some rituals like smoking weeds before show or other things. So, if they couldn't perform with their best because they can't smoke weed, and they just turn down the job, then it actually is the right decision, saving them from ruining their reputation that might give them even more potential financial loss because they accept a job that doesn't allow them to perform their best and then could ruin their reputation.

A good financial decision is not just about making the most money at the very moment, but how to keep our business, and our client expand and make our income stable and sutain.

That's the part we are missing, saying no to something g that you do not want to work at is not reckless at all, it's your own freedom to say no to things. It doesn't change just because you are a celebrity and you are offered a lot of money. There needs to be a line that you draw, and if you accept everything then it is not going to be something that you can accept, it is just not going to be all that crazy. We should consider it to be a lot more important on the long run at all.

I believe that we are not going to be all that easy to handle, and it is not going to be simple. We should just simply let it be and we could probably not do anything that would get crazy amount of support. We should probably make it work a lot easier.

[AVE5]

Celebrities ain't like the Investors, whatever they do is hyped and spread in the air for the world to be aware of. If a celebrity turns down such offer that doesn't make him become a financial reckless person. The celebrity already knows his worth and if paraventurely he was his demands was not considered and then he accepts the deal he would become a parasite mockery against his competitors. Unless the celebrity is an upcoming that barley want to make big name and cant even afford the amount of money involved in the deal.
There's a celebrity lifestyle and the first class celebrities maintains to that. He has got nothing to loose.
Even in the real World of investment, it you go seek for a contract and the company doesn't regards your influential personality by offering the chances to a big deal according to your worth I believe the vendor or the contractor would withdraw from the deal because it seems like a slap offering you a job you're worth than in a conditional manner. So the celebrity could be Said to had been bigger than the offer and could not accept the deprivation of his request to smoke.
Keep of from celebrity life because it's one thing we can't just get right as investors.

[puloweh555]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

I think celebrities like that don't make reckless decisions, in fact it's better for them to refuse because they don't have permission. Sometimes celebrities are tempted to make a decision when they get a fantastic offer, especially on products that are still very controversial, such as marijuana cigarettes. In my country there are many artists who promote gambling sites with large contracts but in the end they end up in court. So in conclusion, refusing an agreement of great value is not a reckless decision because a decision will have an impact on yourself.

What other reckless financial decision do you know or have heard of?

In my opinion, this is a reckless financial decision for those who cannot properly secure their bitcoin wallets or sell bitcoins when they know that the bitcoin halving is approaching.

[TheUltraElite]

Musicians and their absurd behavior at times makes me wonder who is actually suffering from the mental illness.

Anyway, it is a personal choice whether one company likes their weed habits or not and they are free to choose the company that they want to work with. It might also have to be about money involved and they are only covering it up with that "weed statement" to make it seem more juicy to the public eye.

You can never trust these celebs, they are always upto no good.

[passwordnow]

But then I would also say there’s no need to judge much on the case because what another likes isn’t what the other would like,vice versa. For me I wouldn’t conclude it to be reckless he went for what he chose, our choices differs.

They're public figures so they're always open in scrutiny of the public and with such actions and decision once publicized, they can't get away with it but to deal with people's criticism if they're being considered as reckless people that are trying to avoid sound money and chooses to do their activities like smoking and can't even get on the deal with it because they can't easily give that up as it's already part of their lifestyle.

What other reckless financial decision do you know or have heard of?

In my opinion, this is a reckless financial decision for those who cannot properly secure their bitcoin wallets or sell bitcoins when they know that the bitcoin halving is approaching.

Those that still don't have a hardware wallet and yet they've got a lot of money invested in Bitcoin. IMHO, that's okay if they're keeping it well through a desktop wallet or a paper wallet. As long as they know how to keep their money safe through bitcoin and the wallets that they're using, that's not being reckless but being practical. But what's more for being practical is that they'll avail a hardware wallet to have a better security for their funds.

[fullhdpixel]

There are many people who make reckless decisions in this world when considering financial decisions and no one knows why they make those decisions. There are risks that need to be risked every day and it's not just celebrities because everyone in this world has their own financial conditions. Basically, using drugs is not a good thing because it can affect people's lives if used excessively and drug addiction can also affect other things for the worse.

It's not about drugs or anything, it's about personal lifestyle choices, and some people would never agree to compromise on that. The choice he made was definitely because of this and not because he takes drugs and he isn't allowed to do that and he is addicted and can't help it, it's about self-respect, he couldn't bear the fact that he was refused to do a certain thing that he usually does in his life, and he probably can afford to do that.

Only a person who can afford to refuse such an offer would do it and for them, it isn't a bad financial decision because they don't need the money and they prefer their self-respect and lifestyle more than the money offered to them, which is why they don't consider it reckless.

[lizarder]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

We will get judgment after deciding something is wrong and usually the judgment starts from the people closest to us. I mean we will be in a difficult condition when we face problems independently and people are present only when our financial condition improves. The decision not to accept the job due to his organization prohibiting marijuana was his choice and indeed people would say it was the wrong decision, but I think he better understands the decision that must be taken.

What other reckless financial decision do you know or have heard of?

Everyone must have made the wrong decision and I just spent some money given to a member of the legislature in the election and unfortunately he didn't win so the money was lost. In fact, if I used it for investment maybe today I would have made a profit, I had considered that decision before, but that's what happened in the end.

[GiftedMAN]

I think I remember a particular Nigeria Musician who recently turned down a multi million naira deal because he was not going to be allowed to smoke weed. I guess Burna Boy (Damini Ebunoluwa Ogulu). If the person is the name I mentioned here I think he has made a statement concerning why he turned down the offer because according to him, he said he can't perform where he is restricted from smoking his weed because that's what make him happy. Secondly, Burna Boy is a celebrity and someone who's in his current level now can't be restricted from doing certain things because he's one of the best artist now in Nigeria and he doesn't lack deals as he's always touring around the world to perform. Guess what, recently a popular comedian by name mr jollof came on social media to say that the same Burna Boy rejected a deal of a million dollars saying the amount is too small they he doesn't charge anything less than 2 million dollars. May be in time to come when he's no longer trending he will regret some of the wrong decisions he made but I think in one way or the other people must make certain decisions that they will always love to regret.

[oktana]

Multimillion? Unless the celebrity is worth Billions of dollars, I don’t see why he/she wouldn’t humble themselves and make some million money. If he/she isn’t worth Billions then it is likely that his/her pride couldn’t let them obey the simple rule. But it’s all personal preference I guess. Maybe the weed is more important than their career and that’s why he/she turned it down. Really disappointing.

[tygeade]

If this is a performance related work, then it needs more context. Some celebrity feel they could perform better when they do some rituals like smoking weeds before show or other things. So, if they couldn't perform with their best because they can't smoke weed, and they just turn down the job, then it actually is the right decision, saving them from ruining their reputation that might give them even more potential financial loss because they accept a job that doesn't allow them to perform their best and then could ruin their reputation.

A good financial decision is not just about making the most money at the very moment, but how to keep our business, and our client expand and make our income stable and sutain.

That's the part we are missing, saying no to something g that you do not want to work at is not reckless at all, it's your own freedom to say no to things. It doesn't change just because you are a celebrity and you are offered a lot of money. There needs to be a line that you draw, and if you accept everything then it is not going to be something that you can accept, it is just not going to be all that crazy. We should consider it to be a lot more important on the long run at all.

I believe that we are not going to be all that easy to handle, and it is not going to be simple. We should just simply let it be and we could probably not do anything that would get crazy amount of support. We should probably make it work a lot easier.

Most many people make mistakes like that, there is no doubt about that. I understand that people may have some questions on how to balance it  and that's why I think we should not really look for anything else. If you can find that then you are going to have pace of mind.

I personally support reckless financial decisions time to time, it makes you feel alive to be fair. I am not saying that you should do it all the time, but when you have a chance, you should. Plus, being in debt, and having a lot of bad decisions that lead you to it, means that it will force you to work harder and make a lot more money. That way we will end up with something that will make a lot of money compared to what we normally make and that's good.

[wxa7115]

There are many people who make reckless decisions in this world when considering financial decisions and no one knows why they make those decisions. There are risks that need to be risked every day and it's not just celebrities because everyone in this world has their own financial conditions. Basically, using drugs is not a good thing because it can affect people's lives if used excessively and drug addiction can also affect other things for the worse.

It's not about drugs or anything, it's about personal lifestyle choices, and some people would never agree to compromise on that. The choice he made was definitely because of this and not because he takes drugs and he isn't allowed to do that and he is addicted and can't help it, it's about self-respect, he couldn't bear the fact that he was refused to do a certain thing that he usually does in his life, and he probably can afford to do that.

Only a person who can afford to refuse such an offer would do it and for them, it isn't a bad financial decision because they don't need the money and they prefer their self-respect and lifestyle more than the money offered to them, which is why they don't consider it reckless.

Once a person has enough money, the last thing they worry about is money, so they can take decisions based only on their personal feelings and beliefs, this may seem odd for people which do not have freedom, but it makes perfect sense for those that are in that situation.

That being said, only the most famous celebrities can remain on the top for long, most other artists have a very limited time in which they can take advantage of their fame, so while they may not regret their decision now, we have no idea if they may change their mind on the future.

[0t3p0t]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

Maybe that celebrity has already had a multi-million dollar asset or even have a better deal with other organization or the deal might provoked his pride and principle so he/she don't bother accepting that deal but I don't really know I could be wrong on this. If that is what makes that celebrity comfortable then he/she has the right to do that as long as he/she do it legally and for me it is not a problem as it is based on personal preferences.

[someone703]

Money matters – it's the fuel that keeps our lives running.  But deciding how to spend, save, and invest can be a tricky tightrope walk.  One misstep, and you could find yourself dangling precariously over a financial abyss. Context matters.  Turning down a lucrative career to pursue a passion project might seem crazy for someone struggling to make ends meet, but for a wealthy individual, it could be a calculated risk worth taking.

It's all about proportionality.  A middle-class smoker rejecting a job for a smoke-free policy might seem like a foolish overreaction.  But maybe they have health concerns or a strong conviction against compromising their values.  The key is understanding the potential consequences and making a decision you can live with

[Y3shot]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

It depends who the person is and how buoyant the person is financially.  If this decision is taken by some who has money already it will be considered not as a bad decision but if it is some that has never made such amount of money I don't think it will make any sense to miss such an amount of money like this,  for sure it is going to be a bad financial decision.

[AmoreJaz]

Maybe that celebrity has already had a multi-million dollar asset or even have a better deal with other organization or the deal might provoked his pride and principle so he/she don't bother accepting that deal but I don't really know I could be wrong on this. If that is what makes that celebrity comfortable then he/she has the right to do that as long as he/she do it legally and for me it is not a problem as it is based on personal preferences.

I can say, maybe, the celebrity doesn't have the dire need of that money. So he just ignored the deal and just want to go on with his lifestyle. The amount may matter to some but for people like him, it seemed he didn't care about it. And that's  his own business.

For us, it is a reckless decision. But for this celebrity, what matters most is he continue what he's doing in his life. He is finding satisfaction with it so be it.

[beerlover]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

Maybe that celebrity has already had a multi-million dollar asset or even have a better deal with other organization or the deal might provoked his pride and principle so he/she don't bother accepting that deal but I don't really know I could be wrong on this. If that is what makes that celebrity comfortable then he/she has the right to do that as long as he/she do it legally and for me it is not a problem as it is based on personal preferences.

This is exactly what I imagined the situation to be. Even I said no to some money in my time, and it did turn out to be a bad financial decision but it required me to quit my work and work for someone else and I love my boss and didn't know them so I decided to reject that offer, turns out it would have made me a lot of money but I never regrated it, because who knows maybe they wouldn't have paid me, I am happy where I am.

That celebrity may have felt like me, he/she is happy where they are, and did not needed the money and could just keep on doing what they are doing, could have been quite normal for a lot of people who already have a chance. You need to offer someone who has nothing and must accept, and if they reject too, then maybe it is a wrong decision.

[wxa7115]

Maybe that celebrity has already had a multi-million dollar asset or even have a better deal with other organization or the deal might provoked his pride and principle so he/she don't bother accepting that deal but I don't really know I could be wrong on this. If that is what makes that celebrity comfortable then he/she has the right to do that as long as he/she do it legally and for me it is not a problem as it is based on personal preferences.

I can say, maybe, the celebrity doesn't have the dire need of that money. So he just ignored the deal and just want to go on with his lifestyle. The amount may matter to some but for people like him, it seemed he didn't care about it. And that's  his own business.

For us, it is a reckless decision. But for this celebrity, what matters most is he continue what he's doing in his life. He is finding satisfaction with it so be it.

While there are some decisions that we can say are mistaken no matter what, when evaluating most decisions we have to take into account the circumstances that surround it.

A person which refused millions of dollars in order to keep a specific lifestyle, and that did not had such an amount on their bank accounts is without a doubt making a mistake, but if another person took the same decision, but that amount of money only represents a fraction of their wealth, then we cannot really say they took a bad decision.

[franky1]

i was asked a couple questions the other day .. and when answering it reminded me of this topic

how wealthy was i
how does it feel to be wealthy

and i summed it up to a single answer
when i am in a position where saying no to money brings more comfort, freedom and autonomy compared to saying yes to money

basically when you are content in the position you are in that you have no need to be rushing to grab more of waste your life/time on some method of earning money that presses against your freedom

you dont need to be a billionaire or a millionaire, but if you can find a level where the finances you have offer you freedom to not stress over bills or worries of debt. where you dont need to chase money. then you are defined as wealthy

[Ben Barubal]

i was asked a couple questions the other day .. and when answering it reminded me of this topic

how wealthy was i
how does it feel to be wealthy

and i summed it up to a single answer
when i am in a position where saying no to money brings more comfort, freedom and autonomy compared to saying yes to money

basically when you are content in the position you are in that you have no need to be rushing to grab more of waste your life/time on some method of earning money that presses against your freedom

you dont need to be a billionaire or a millionaire, but if you can find a level where the finances you have offer you freedom to not stress over bills or worries of debt. where you dont need to chase money. then you are defined as wealthy

    So what you mean is that as long as you feel contentment in life, because you are not poor and you are not very rich either, but you enjoy everything you have now, it can be said that it is rich. And you are happy that whatever you have now is real wealth.

   The true happiness that material wealth can't buy is quite beautiful, and I agree with what you say. It's based on my understanding of what you mentioned, which is why I said it like this.

[Smartvirus]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?

I saw this highlight pop up sometime on the web with a musician haven’t abandoned to deal on a show for not allowing him to smoke weed.
Well, what’s there to understand is, this individual isn’t someone that is going through a tough time and will have far more opportunity to increase his wealth in less than a month. All it takes is to plan another show, a tour or release a song and keep getting money through the various monetized media his got.

It might seem like a pretty bad choice but, for someone to be able to let loose such a huge deal for an outlaw on smoking, you should be talking about an addiction problem and what this drug aid this one individual in archiving on the stage. When this isn’t the case, then you might not get to enjoy the show.

To me it’s a person’s specific decision and he made his. For me, am drug free and with that, it seems it’s not a very good decision. He’s lost a small opportunity to impact lives, gain more fan base and have others benefit on his team.

[Lanatsa]

i was asked a couple questions the other day .. and when answering it reminded me of this topic

how wealthy was i
how does it feel to be wealthy

and i summed it up to a single answer
when i am in a position where saying no to money brings more comfort, freedom and autonomy compared to saying yes to money

basically when you are content in the position you are in that you have no need to be rushing to grab more of waste your life/time on some method of earning money that presses against your freedom

you dont need to be a billionaire or a millionaire, but if you can find a level where the finances you have offer you freedom to not stress over bills or worries of debt. where you dont need to chase money. then you are defined as wealthy

    So what you mean is that as long as you feel contentment in life, because you are not poor and you are not very rich either, but you enjoy everything you have now, it can be said that it is rich. And you are happy that whatever you have now is real wealth.

   The true happiness that material wealth can't buy is quite beautiful, and I agree with what you say. It's based on my understanding of what you mentioned, which is why I said it like this.

This would really falls into someones perception in life on which we do know that contentment would really be definitely be varying into someones personal point of view. Yes, its hard not to have that
financial freedom or simply being wealthy because we know that money does really play a huge role but not everything talks about money. If someone have really that restricted on the freedom
that he currently have then no matter how good the offer is but on the time that he do felt out such restriction then he/she would definitely be rejecting it out no matter how wasteful it would be.

We do have our own decisions in life on which it would really be just that a common approach to have when someone whose really been that struggling on getting millions
but just that been easily be rejected by someone? Its normal to have that kind of reaction but this is something that you would really understand.

[Cookdata]

Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

I don't there is there is health benefits in smoking cannabis, I have not seen any person come publicly to say that this is exactly what I benefits in taking weed except for confidence. Many musicians go on stage when they are high witb something like that, if the musician cannot perform on stage without a weed, then I see no reason why hw decline. It's even difficult to see an actor that is not involved in smoking and drinking expensive shit just to get high.

I just want to point out another thing, the million dollars might be reported as his but I think this decision wasn't rejected alone by only the musicians because if he get paid, what he might have at the end of the show might be 50% depending on what they deal on th contract between the celebrity and the rest of crew that are working under him.

Another reckless financial decision I think before underrated is drinking of water expensive alcohol, these lifestyle are the one of the most faster way you can become poor and call for bankruptcy when they grow old without having anything on their accounts.

[batang_bitcoin]

basically when you are content in the position you are in that you have no need to be rushing to grab more of waste your life/time on some method of earning money that presses against your freedom

you dont need to be a billionaire or a millionaire, but if you can find a level where the finances you have offer you freedom to not stress over bills or worries of debt. where you dont need to chase money. then you are defined as wealthy

Exactly, this is a good answer to be honest and this is all about contentment in life. If you're earning just fine and you're not in a rush or pressed in doing your grinds then it doesn't mean that you're poor but you're even better than the others that have been pressed with all of their hours doing jobs all day long. While you, if you're chilled and doing the normal thing day in your life and still gets that income that you need to survive, you'd still be the happiest because no worries with debts, obligations and your bills are paid enough.

[ndutndut]

    So what you mean is that as long as you feel contentment in life, because you are not poor and you are not very rich either, but you enjoy everything you have now, it can be said that it is rich. And you are happy that whatever you have now is real wealth.

   The true happiness that material wealth can't buy is quite beautiful, and I agree with what you say. It's based on my understanding of what you mentioned, which is why I said it like this.

Actually, the purpose of life is to enjoy life, what's the point if you keep looking for money until you don't have time to enjoy life? I understand what he means, being rich is actually simple, all you need is enough, there are no shortages and not having bills or debt is already happiness in life.

Indeed, on the one hand, money can buy happiness. That's clear. With money we can provide for the people we love and that will give us happiness. However, happiness itself can actually be obtained without needing money, aka free, namely by being grateful and learning to enjoy what is there. But still, money helps increase happiness. However, if money is not used wisely, it can actually bring sadness and even disaster. Basically, we all have to avoid rash decisions in our finances, because wise decisions will make us rich.

[Gormicsta]

Spending too much, gambling, and lending can all lead to risky financial decisions, putting people in essential financial problems and making them impoverished without their knowledge. And sometimes there is an absence for learning or assets accessible to help people learn about financial matters, and they will need to learn about the basics of private finance, such as money management, budgeting, and deploying funds which can help them know and make better financial decisions, and they can learn this in school, as well as from their parents. If they are not considered early on, the consequences will be negative in the long run.

[Fara Chan]

    So what you mean is that as long as you feel contentment in life, because you are not poor and you are not very rich either, but you enjoy everything you have now, it can be said that it is rich. And you are happy that whatever you have now is real wealth.

   The true happiness that material wealth can't buy is quite beautiful, and I agree with what you say. It's based on my understanding of what you mentioned, which is why I said it like this.

A person who is able to feel satisfied with what he has is indeed worthy of being considered a rich person, because apart from that, that person has not experienced any difficulties in his life. Such a person can always enjoy what he has so far without caring about other people's possessions or comparing them with what other people have.

Because the only thing that most people have is that they continue to compare what they have with what other people already have so that they continue to consider themselves poor. In fact, if only he could still be grateful for what he currently has, of course he should be considered a rich person because he doesn't make many comparisons with what other people have.

[hyudien]

Actually, the purpose of life is to enjoy life, what's the point if you keep looking for money until you don't have time to enjoy life? I understand what he means, being rich is actually simple, all you need is enough, there are no shortages and not having bills or debt is already happiness in life.

Indeed, on the one hand, money can buy happiness. That's clear. With money we can provide for the people we love and that will give us happiness. However, happiness itself can actually be obtained without needing money, aka free, namely by being grateful and learning to enjoy what is there. But still, money helps increase happiness. However, if money is not used wisely, it can actually bring sadness and even disaster. Basically, we all have to avoid rash decisions in our finances, because wise decisions will make us rich.

In fact, I think it's very likely that we have bills that have to be paid every month, such as water, electricity, and maybe wifi. Indeed, life should be enjoyed, because of course if we continue to earn money there is a chance that the mind will become stressed, therefore when the holiday time comes we must be able to pamper ourselves because in my opinion it is a must also because it is a way to calm the mind. by going on holiday or by shopping with the money earned from our work, it doesn't matter.
It's true what you say that money can help increase our happiness, but even so, I don't think everything can be bought with money. I agree with you that if we can't manage our finances well then it will probably be a problem for us too, when the money runs out what will happen is confusion. Therefore, when we have money we must be able to manage it well, including expenses. so that there are no regrets at the end.

[TheUltraElite]

If they are not considered early on, the consequences will be negative in the long run.

A musician refusing a deal is nothing out of the blue, these things happen every few days and with the record labels and their predation on the music industry, we are bound to see these things happen but not every one of them makes the headlines out there.

You never know the full story - there are many under the table deals being done in the music industry it is one of the most corrupt things in this world behind all the glitz and glam.

Reckless or not, they will end up dealing with another label.

[mvdheuvel1983]

    So what you mean is that as long as you feel contentment in life, because you are not poor and you are not very rich either, but you enjoy everything you have now, it can be said that it is rich. And you are happy that whatever you have now is real wealth.

   The true happiness that material wealth can't buy is quite beautiful, and I agree with what you say. It's based on my understanding of what you mentioned, which is why I said it like this.

A person who is able to feel satisfied with what he has is indeed worthy of being considered a rich person, because apart from that, that person has not experienced any difficulties in his life. Such a person can always enjoy what he has so far without caring about other people's possessions or comparing them with what other people have.

Because the only thing that most people have is that they continue to compare what they have with what other people already have so that they continue to consider themselves poor. In fact, if only he could still be grateful for what he currently has, of course he should be considered a rich person because he doesn't make many comparisons with what other people have.

Sometimes comparing yourself with others helps you to understand that you still have a long way to go if you are into some kind of investment, if you are a celebrity and so on but that doesn't mean that you won't appreciate the level that you are or what you are doing at the moment but you will always strive to get better and do more knowing that so many people are still ahead of you in your area of specialization.

When what you have can't match what others have it doesn't make you poor rather it helps you to go back and put in more effort because everyone wants to be the best and being the best you must be at the top always.