Managing a Financial Windfall: What to Do When You Come Into a Large Sum of Money

What Is a Windfall?A windfall is similar to coming across unanticipated good fortune—particularly of a monetary nature. It might be anything ranging from winning the lottery jackpot to receiving money in an inheritance, selling a company, or selling stocks. But the catch is this: although it may seem as if you’re rich overnight, the actual sum may not be as revolutionary as imagined. And that’s where things can become treacherous. […]

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How to Build Credit From Scratch

We all know the one friend or relative who’s a little different—someone who survives off of cash, has never had a credit card, and bragged about shunning loans. They swear on their independence, believing life is better without owing “the man” a cent. No one desires bad credit, but is having no credit truly the better choice? Why […]

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