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111. How to handle a windfall - protect your future fortune
Manage episode 483595703 series 3473627
Whether it's a lottery win, an inheritance, or a work bonus, a windfall can feel like a dream come true, but mishandling it can quickly turn it into a financial nightmare. We dive into the crucial first steps you need to take, understanding the tax implications, setting meaningful financial goals, and creating a solid plan to protect and grow your newfound fortune. And learn about the common pitfalls that can derail even the best intentions.
Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/111-how-to-handle-a-windfall-protect-your-future-fortune/
116 episodes
Manage episode 483595703 series 3473627
Whether it's a lottery win, an inheritance, or a work bonus, a windfall can feel like a dream come true, but mishandling it can quickly turn it into a financial nightmare. We dive into the crucial first steps you need to take, understanding the tax implications, setting meaningful financial goals, and creating a solid plan to protect and grow your newfound fortune. And learn about the common pitfalls that can derail even the best intentions.
Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/111-how-to-handle-a-windfall-protect-your-future-fortune/
116 episodes
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