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Jun 30, 2025 12 min

What to do with a financial windfall

from Ideal Life & Money Academy Hosted by Mike Staunton & Jason Lam

Ever received a financial windfall? What would you do with it? A bonus from work, sold something large, an inheritance, or winning the lottery are all financial windfalls. Have a system in place for your money because you will receive financial windfalls throughout your life! I believe you could look at getting a pay check every week or every month as a financial windfall. He's my system no matter how much the windfall: 10% = Giving Follow the 5 Steps to Financial Freedom! - Pay off all debt - Fully Funded Emergency Fund (3-6 months of expenses) - Invest 10%-20% - Pay off home early Increased lifestyle Be sure to check out the ILMA Budget/Debt Elimination Course: https://www.sentinelcoaching.com/ilmabudget

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What to do with a financial windfall

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This episode was published on June 30, 2025.

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