What to Do If You Get an Unexpected Inheritance

This week, Sim and Maia dive into expert strategies for managing windfall money, like inheritances or bonuses. They share crucial tips on staying calm, avoiding impulsive decisions, and securing your funds in a reputable bank account. Tune in for insights on paying off high-interest debt, building an emergency fund, investing wisely, and understanding tax implications to maximise your windfall’s potential.Watch the episode on Youtube hereFor more Friends That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! We’ve rebranded from Girls That Invest to Friends That Invest—same mission, new name. Thanks for growing with us. Hosted on Acast. See acast.com/privacy for more information.