Description

What should you do when you suddenly come into extra money—like a bonus, inheritance, or settlement? Before you rush to spend it, take a pause. In this episode, we talk about how to make the most of an unexpected windfall so it supports your long-term financial goals instead of disappearing quickly.

You’ll learn:

• Why the first step after receiving a windfall is to do nothing—and where to safely park the money
• Guidelines to help you enjoy the money while also advancing your financial goals
• How to decide between paying down debt or investing
• When it makes sense to fund your emergency savings, retirement accounts, or HSA
• Why building wealth means owning assets, not just being debt-free

Whether your windfall is a few thousand dollars or tens of thousands, this episode will help you make intentional choices that build financial freedom and peace of mind.

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Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes

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Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .

You can learn more about Elisa at her website or follow her on social media.

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