Wealth

What Should You Do With Unexpected Income?

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What would you do with unexpected income received from an inheritance or insurance policy — or even a big year-end bonus at work? While it’s not wise to rely on windfalls as part of your financial plan, you need to think ahead and understand what steps to take should this ever happen. Without a plan, it’s easier to use this extra, unexpected money irresponsibly or wastefully.

Original source: https://www.moneyguy.com/2014/10/unexpected-income/

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