Reported 2 days ago
Winning a $120,000 lawsuit can be both exciting and overwhelming, especially when considering how to allocate the funds wisely. First, prioritize paying off $5,000 in debt to free up monthly payments, followed by establishing an emergency savings fund of three to six months' expenses. When purchasing a car, consider a reliable used vehicle to avoid depreciation and additional costs. Finally, invest the remaining funds, possibly in a diversified portfolio or a Roth IRA for long-term growth. While it's important to be prudent, allowing for a small indulgence can enhance your overall experience.
Source: YAHOO