Inheritance? Settlement? If you’ve had a big payday: WATCH THIS
A sudden influx of money—the kind that comes from an inheritance, settlement, or similar big money event—can come with emotional strings attached.
How to manage the emotional impact of sudden wealth
A sudden influx of money—the kind that comes from an inheritance, settlement, sale of a business, or similar big money event—can come with emotional strings attached. In fact, large paydays have such an emotional impact that therapists have begun referring to the phenomenon as sudden wealth syndrome. While it isn’t a clinical diagnosis, numerous psychologists […]
You inherited money—now what?
Inheriting a significant amount of money is rarely a bad thing. But it does come with a unique set of challenges that aren’t always apparent. If you don’t have experience with large sums of money, you may not know what questions to ask or the pitfalls to avoid. This guide can help you cover your […]
