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Finance

6 Tips to Manage Sudden Wealth, According to Experts

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A surprised and excited man looking at his cell phone.
GaudiLab / Shutterstock.com

We’ve all pondered how amazing it would be to wake up wealthy, how an influx of cash could change our lives for the better. Being handed a sum of money — perhaps through a successful investment, lottery winnings, a pay raise, bonus or an inheritance — can be life-changing. But all of the shiny new cash you get can disappear before your eyes without proper care. It isn’t easy for most of us to…

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