The mistakes people make with a windfall. Podcast by Smart Money featuring Nick Crawford.
We've all found ourselves day dreaming about where we'd spend a big Lotto win at one point or another.
Realistically, many of us will come into a major windfall - but it's likely to come in the form of a bonus at work, or an inheritance.
Is it okay to buy a new car and go on holiday? Or should we invest it all?
Listen to Nick Crawford, Managing Director at The Private Office discussing Sudden Wealth with Tim Beveridge on Newstalk ZB’s Smart Money show. Nick offers practical advice on how to handle new-found wealth whether from an inheritance, property sale, business exit, divorce settlement, bonus or Lotto win.