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Navigating a lump sum of money after an unexpected event can be overwhelming. This episode discusses the psychological challenges, budgeting strategies, and essential mindset shifts required to manage newfound wealth effectively.

• Discusses the challenges of sudden wealth
• Highlights the significance of creating a budget
• Emphasizes the need for an emergency fund
• Explains the concept of the 90-10 rule for saving
• Shares personal insights on managing finances post layoff
• Mentions the importance of taking measured steps before investing
• Explores the impact of mindset on financial decisions

To lean more, feel free to contact me
www.nwminc.ca
Jacqueline Correia

Visit Amazon to purchase "My Farewell and Final Wishes" planning book to help organize your estate information in one place.

https://www.amazon.ca/Farewell-Final-Wishes-Organizer-Important/dp/1778203507/ref=sr_1_1

For more information, feel free to contact us at https://nwminc.ca/
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YouTube https://www.youtube.com/ ⁨@moneyis4u⁩
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