Mr. Money Mustache Advises Against Gambling for Wealth
Mr. Money Mustache emphasizes that gambling and lotteries are not viable ways to achieve wealth. He argues that these activities rely on luck and superstition, and statistically, players are likely to lose money, enriching the operators instead.
The tape
3 quotes
“You never, ever gamble if your goal is to get richer.”
Mr. Money Mustache
“Every single person on the planet is equally lucky and just as likely to lose money in rigged games of chance.”
Mr. Money Mustache
“The only way to win is to not play.”
Mr. Money Mustache
Heard on Optimal Finance Daily — “3622: [Part 1] Wealth Advice That Should Be Obvious by Mr. Money Mustache on Smart Money Habits”, published Wednesday, July 8, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.