Today, Amy Walls from Thimbleberry Financial joins Jon Gay to talk about windfalls – money that comes to you suddenly, often unexpectedly. This can be an inheritance, a settlement, or even lottery winnings.
70 percent of people who come into sudden money deplete those funds within a few years, so today, Amy walks us through steps to avoid windfall pitfalls.
- Plan ahead
- Be honest, not manipulative
- Put a strong team in place
- Make a wish list
- Keep quiet!
- Save appropriately
- Take responsibility for mistakes.
To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com. The ThimbleberryU Podcast is produced by JAG Podcast Productions – https://jagpodcastproductions.com/
