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Ask Jesse: What Should You Do with a Life-changing Windfall? episode artwork

Aug 22, 2022 10 min

Ask Jesse: What Should You Do with a Life-changing Windfall?

from The Jesse Mecham Show Hosted by Jesse Mecham

A listener writes the show to ask: what should he and his family do with a life-changing windfall? The listener has a mortgage, and a HELOC, and some savings goals such as saving for his kids' college education. The windfall amount is enough to payoff all these things, and in addition he has recently earned a large raise. While the windfall is a huge gift, he wants to be calm, reasonable, and disciplined with allocating it towards the family's financial goals. Jesse helps walk through the problem, and identify some emotionally driven questions one should ask in this situation. Got a question for Jesse? Send him an email: [email protected] Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

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This episode is 10 minutes long.

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This episode was published on August 22, 2022.

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