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Financial Feminist

164. Ask Tori: What Do I Do with an Inheritance?

Financial Feminist

Her First $100K

Self-improvement, Education, How To, Business

4.76.2K Ratings

🗓️ 20 June 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

We’re back with another Ask Tori episode! If you’ve ever wanted to know what to do with a huge sum of money like an inheritance or the proceeds from the sale of an asset then stay tuned! In this episode Tori tackles questions on what to do with a windfall from selling a property, strategies for managing a sudden influx of cash, and the best financial products for short-term goals. She also addresses more personal financial dilemmas, such as dealing with a partner's pride in financial education and managing inherited IRAs without triggering high taxes. Whether you're navigating a major life change or simply looking to improve your financial literacy, this episode is for you. Read transcripts, learn more about our guests and sponsors, and get more resources at: https://herfirst100k.com/financial-feminist-show-notes/164-ask-tori-what-do-i-do-with-an-inheritance/ Not sure where to start on your financial journey? Take our FREE money personality quiz! https://herfirst100k.com/quiz. Mentioned in this episode: The Financial Game Plan podcast episode Her First $100K’s favorite money tools Stock Market School Special thanks to our sponsors: Thrive Causemetics Get an exclusive 10% off your first order at thrivecausemetics.com/FFPOD Masterclass Get an extra 15% off any annual membership at masterclass.com/FFPOD Squarespace Go to www.squarespace.com/FFPOD to save 10% off your first website or domain purchase. Hill House Visit hillhousehome.com and use the discount code TORI at check out for 15% off. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode of Financial Feminist is sponsored by Thrive Cosmetics, Squarespace, and Masterclass.

0:04.6

Refresher everyday look with foolproof vegan products made with clean, skin-loving ingredients,

0:09.0

get an exclusive 10% off your first order at Thrive Cosmetics.

0:12.3

Com slash FF PodF. Pod.

0:14.3

Build a beautiful website to get your message out

0:15.9

into the world with Squarespace.

0:17.2

Go to Squarespace.com slash F.Pod to save 10% off

0:20.6

your first purchase of a website or domain.

0:23.0

Masterclass is the only streaming platform

0:24.7

where you can learn and grow with over 200 of the world's best.

0:28.1

Get an extra 15% off any annual membership

0:30.4

at Masterclass.com slash F-P. Pod. If you're that person who is just

0:35.4

trying to survive the summer heat and girl saying because I don't do well in

0:38.8

heat Hill House Home has got you covered they invented the viral nap dress which has the most

0:44.0

flattering and comfortable fit with their signature mocking and their dresses

0:48.1

are easy and versatile. Hill House Home makes fun fashion that makes you feel good and

0:52.0

celebrities like Taylor Swift and Olivia

0:54.5

Rodriguez have been spotted in Hill House dresses. You can wear the same dress

0:58.1

whether you're running errands or whether you're going to a wedding that evening. You can

1:02.0

go to Hillhouse Home.com

1:03.4

and use discount code Tori at checkup for 15% off your purchase. Hello everybody welcome to the show I didn't turn my mic on. So I just had a full

1:28.1

nearly 10 minutes of me talking and doing what I was supposed to do for today's episode and the mic was on, it was just

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