Nah, spend some of that cash. He clearly stated he wants to get out of his current rut. Tomorrow’s not given lol. But seriously tho…Address your immediate concerns by allocating around 20% in cash for emergencies, held in a high-yield savings account. Let the remaining inheritance grow through existing investments for a decade. Research financial responsibility, consider a small property in a affordable area, and use part of the 20% for a mortgage down payment to build equity. Establish credit with a secured credit card, pay off loans, and invest in skill-building certifications to enhance your career or start a side hustle. Balancing immediate needs and long-term growth is way better than risking it on some business
Nah, spend some of that cash. He clearly stated he wants to get out of his current rut. Tomorrow’s not given lol. But seriously tho…Address your immediate concerns by allocating around 20% in cash for emergencies, held in a high-yield savings account. Let the remaining inheritance grow through existing investments for a decade. Research financial responsibility, consider a small property in a affordable area, and use part of the 20% for a mortgage down payment to build equity. Establish credit with a secured credit card, pay off loans, and invest in skill-building certifications to enhance your career or start a side hustle. Balancing immediate needs and long-term growth is way better than risking it on some business