You have just received a windfall, and you do not know what to do.  Or maybe you have a list of things you want to do and are ready to spend that money starting tomorrow.

Hold on, not quite yet.  First, let’s define instant wealth. Instant wealth is receiving a large sum of money, larger than what you are accustomed to. That amount can range from $5,000 to millions; it’s a relative amount. What isn’t relative is that more often than not, when we are lucky enough to receive instant wealth, we often have no idea how to handle it.

There are too many stories about lottery winners who get it all, then just as quickly lose everything plus more, falling from rich to well below the poverty line.

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