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3 Unexpected Windfalls You May Receive in Your Lifetime

May 7, 2015 2 Comments

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Once I bought a lotto ticket for Florida Lottery, when jackpot went up astronomically. I don’t really recall the exact amount of the jackpot. But that’s it I never played lotto again. But, like every one else I sometimes day dream about getting a windfall of money. Some weird thoughts do cross mind sometimes, like a suitcase full of money coming down from the air crafts above or finding a sack full of currency notes. But realistically, we may receive a financial windfall at some point of time.

Financial Windfall You May Receive

Most of us learn to live with a steady amount of money. It usually comes in the form of a paycheck from employer. We are accustomed to it. We can manage our income, budget it, plan for the future, and do everything you’d expect with this sort of arrangement. So how do we handle an unexpected windfall?

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Financial Planning When You are 20 Something

November 5, 2014 5 Comments

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This is first post in the Financial Planning series, over the weeks we will help plan for finances across different age groups. I am starting with an age which sees maximum changes in your life. From college to job, from being single to be in a relationship, from dorm to your first home, and, from student loan to mortgage.

Young Adults

This is also the most challenging time for your finances. First getting a job for living. Then, you start paying off student loans, while using your credit cards and probably also looking for a new home. This is most challenging more so because you are almost inexperienced at managing your finances. Since personal finances are not taught at schools, most in their 20s simply don’t have a financial plan.

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