Know Your Money with Bronwyn Waner and Craig Finch

41. Navigating the Waters of Financial Windfalls: A Deep-Dive into Money Mindset and Management


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What happens when you stumble upon a financial windfall? Your ship comes in, and you're suddenly left with a considerable sum of money - perhaps from a house sale, a disability payout, or an inheritance. This episode is your guide through the unexpected twists and turns that accompany an influx of wealth. We share real-life experiences of our clients who've navigated their own financial windfalls, exploring how being a saver or spender can dramatically influence your decisions.

The journey doesn't stop at mere practicalities. We dive deep into the psychological realm, discussing how underlying mindsets and beliefs about money play a crucial role in managing a windfall. At Growth Financial Planning, we've identified seven unique relationships with money, understanding which can significantly shape how you handle your finances. It's more than just a money talk; it's a deep-dive into the importance of mindset, financial planning, and the occasional lottery win. So join us, as we peel back the layers of financial psychology and help you prepare for that potential pot of gold at the end of the rainbow.

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Know Your Money with Bronwyn Waner and Craig FinchBy Know Your Money