How to Handle a Lump Sum

Jill on Money with Jill Schlesinger

Audacy

Investing, Education, Business, Self-improvement

4.6 • 1.9K Ratings

🗓️ 23 July 2021

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Whether it's a settlement or an inheritance, there's no easy answer when it comes to handling a lump sum of money.

Have a money question? Email us, ask jill [at] jill on money dot com.

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

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0:00.0	heard about Magpie, the vegan pie truck that needed a bit of help from GoDaddy.
0:03.3	One day the owners are like,
0:04.8	this business hasn't reached this potential.
0:07.1	And the other one goes,
0:08.1	we need a bigger piece of the pie.
0:09.8	And then it hits her.
0:11.1	We need GoDaddy.
0:12.0	Look, we can get a domain name and create an online store
0:14.8	so we can sell to more customers.
0:16.8	Now they've gone from serving a couple of pies
0:19.1	to a vlogging nationwide.
0:20.9	And now everyone's like,
0:22.3	vegan pies are the new thing around here.
0:25.0	Wait, no me!
0:26.4	Take the next step on your business journey with GoDaddy.
0:33.8	Welcome to the Jill on Money Podcast.
0:36.1	It is Friday, July 23rd.
0:39.2	And we are here to try to take the mystery out of your financial life.
0:43.6	And it may not even be so mysterious.
0:46.0	It might be that you just need some,
0:48.4	I don't know, little handholding.
0:50.3	Maybe you need a little bit of cheerleading or coaching.
	...

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