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Reply to "Coming into money"
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[quote=Anonymous]One idea ~ whatever 10% of your net worth is, consider that your fun money. Otherwise, keep your lifestyle the same, mostly. You can breathe easier re: college/retirement savings, ramp up those contributions if you should. The 10% is so every decision does not need to be maximized. Maybe you didn't happen to get the best deal on airfare to visit family, or the best deal possible on that new car. You hoped to but didn't. Don't sweat it. You'll have less stress. When you come-into money, some things that were stressful before, don't need to be. [/quote]
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