Five Minute Finance with LVM
Five Minute Finance is a podcast that explores topics that are impacting your money. Join us as we discuss what is moving the economy, markets, stocks, and personal finance. How to reach us:Email: Podcast@lvmcapital.comWebsite: https://www.lvmcapital.com/blog/categories/podcast
Five Minute Finance with LVM
Managing a Windfall
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LVM Capital Management
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Season 1
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Episode 10
Tyler and Sahana talk about managing a windfall. A windfall is a large, and sometimes unexpected financial gain. Common windfalls include inheritance, sale of property or business, salary bonus or winning a lottery. Tyler and Sahana discuss things to think about when receiving a windfall such as savings, potential taxes, emergency funds, charitable and family gifting, paying of debts, long-term savings, and splurging a little on your good fortune. Reach out to us (podcast@lvmcapital.com) and let us know how you would handle an inheritance.