241–250 of 309 posts
Great service! Is there a way to link more than 1 bank account? There doesn't seem to be a button to 'Add Account' once I have linked 1 account already.
Earlier quoted context omitted.
I was told by a high school teacher that he'd subsequently spend said bonds on beer when he was in university.
Can you spend Premium Bonds?
Earlier quoted context omitted.
The point is that my personal happiness level does not only depend on positive expected gain in capital. I gain happiness also from the miniscule hope of the life-altering outcome of winning the lottery. That gain in happiness is occasionally worth the price of a lottery ticket.
Yes, I know the feeling from the times I bought a ticket myself, against rationality. I'm not an expert, but seems to me this feeling is also the main driver leading to gambling addiction, which ultimately leads to addicts saying things like "It's not about the money, but the game itself", after having lost a ton of money. Wonder if Yotta can lead to the same addiction, and if so if it is then solely applied for posi…
Nobody should be "saving" anything beyond ~twice the month income amount. People should invest the rest instead. Putting money on hold means getting the whole idea of money wrong. Money is not a value itself, it's a productivity measurement unit.
Nobody should be "saving" anything beyond ~twice the month income amount. People should invest the rest instead. Putting money on hold means getting the whole idea of money wrong. Money is not a value itself, it's a productivity measurement unit.
This is an awesome idea, and I intend to try it out. I am a mathematician, and at the same time I can't resist the temptation to purchase the occasional lottery ticket. What most people miss about the lottery is that there can be utility to variance - the opposite of ennui. Have you guys read The Lottery in Babylon https://en.wikipedia.org/wiki/The_Lottery_in_Babylon
I'm the same way, I know the lottery is a terrible bet but I still find myself buying a ticket every now and then. This was one of the main motivations for starting Yotta for me. Will definitely check out The Lottery in Babylon!
Earlier quoted context omitted.
I’m highly skeptical of jackpot generation, as there has been multiple high profile examples of corruption in this process. Yotta would have to insure me this is fair before I consider saving with them, but to be fair I’m probably not their target market as high earner that already has established savings practices.
Thanks for this feedback. What could we do that would give you comfort in the number drawing process? We definitely want to address this concern, so your feedback here would be great.