Making Cents

"We’re $8m richer overnight, now what?" Mailbag episode


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Money panic doesn’t always come from not having enough. Sometimes it comes from suddenly having far more than you ever expected - $8 million more, to be exact.

This week’s Ask the Experts letter comes from a couple who spent 40 years dairy farming, living with constant debt and tight cashflow. Now they’ve sold the farm and their financial reality has flipped overnight.

A dream problem? Maybe. But sudden wealth is notoriously risky.

Will White from Heartland Bank is in the expert hotseat, to talk about how you protect a huge cash balance, avoid rushing into bad decisions, and turn a once-in-a-lifetime payout into a secure, comfortable retirement.

If you have a letter you’d like us to answer, please send it through to [email protected] and you might feature on our next episode!

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This podcast was filmed & produced by Fanaticals

Video editing & content production by Lana Byrne

Audio engineering by Tash Chittock

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Making CentsBy Frances Cook