logo
episode-header-image
Sep 2024
28m 11s

What to Do If You Get an Unexpected Inhe...

Girls That Invest
About this episode

This week, Sim and Maia dive into expert strategies for managing windfall money, like inheritances or bonuses. They share crucial tips on staying calm, avoiding impulsive decisions, and securing your funds in a reputable bank account. Tune in for insights on paying off high-interest debt, building an emergency fund, investing wisely, and understanding tax implications to maximize your windfall’s potential.


For more Girls That Invest:

'Til next week, team! 💖


Hosted on Acast. See acast.com/privacy for more information.

Up next
Oct 6
How She Built Wealth With a 9 to 5 Job | Shilpa Maniar
This week, Sim chats with Shilpa Maniar, a former Google executive who built her wealth and career over 15 years in a traditional nine-to-five, proving you don’t have to start a business to achieve financial freedom. They dive into the money lessons Shilpa learned growing up in a ... Show More
38m 26s
Sep 29
How Much Money to Save at Every Age
This week, Sim breaks down exactly how much you should have saved at each decade to hit a comfortable retirement, from 1 to 2 months of expenses in your 20s to 1x your salary in your 30s, 3x in your 40s, 6x in your 50s, and 8x in your 60s on the way to 10x by age 67. She explains ... Show More
23m 44s
Sep 22
7 Money Traps that All Women Need to Avoid
This week, Sim breaks down 7 quiet money traps that cost you thousands a year from hoarding cash instead of investing to chasing fashion trends, FOMO stocks, and overspending on housing. She explains how living beyond your means, relying on credit cards you can’t clear monthly, a ... Show More
28m 14s
Recommended Episodes
Jul 2024
2814: How to Save Money and Still Invest by Christine Sato with JenHayes on Financial Advice
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.Episode 2814:Christine Sato, in collaboration with JenHayes.Me, explains how to save money and invest simultaneously, even on a low ... Show More
11m 9s
Sep 25
Boost my Budget: Achieving your goals on a low income
How you structure your cashflow is the key to achieving your savings goals, no matter your income. Becca dreams of sipping cocktails in Fiji, but her budget feels messy. With a small mortgage, investment properties, and even some shares- she’s built a strong base. But a recent dr ... Show More
27 m
Jan 2025
MASTERCLASS: How To Build Generational Wealth & Never Worry About Money Again
"Money is a tool—use it wisely, and it can work for you for generations." What if you could stop worrying about money and create a legacy that lasts for generations? In this episode, Jaspreet breaks down the 10 steps to building real wealth—covering everything from mindset to inv ... Show More
35m 12s
Jan 2025
Trick Your Mind To Become Wealthy
"Your wealth starts in your mind before it grows in your bank account." Feel empowered as Jaspreet shares how to break free from limiting beliefs and unlock the mindset of the wealthy. Learn actionable strategies to reshape your relationship with money and set yourself on the pat ... Show More
20m 1s
Sep 2024
3313: How Not to Invest $100,000 by Chris Reining on Investing & Building Wealth
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.Episode 3313:Chris Reining illustrates the pitfalls of active investing through the story of a man who lost money by constantly tink ... Show More
11m 9s
Feb 2025
What will happen to markets in 2025?
What will the next year bring for global markets? What impact will Donald Trump’s tariffs have? Will inflation rise? Katie Martin is a markets columnist for the FT and host of the Unhedged podcast. We often discuss how long-term investors must be prepared to weather economic cycl ... Show More
1h 20m
Aug 28
How Much Should You Really Have in Savings? And What To Do If Your Financial Advice Feels Wrong
So… what is the magic number you should have when it comes to savings? Is it a neat percentage, a chunky dollar figure, or three months of bills sitting pretty in your account? This week we’re spilling the tea on how to work out your number, so you can stop guessing and start sav ... Show More
33m 39s
Sep 26
I’m Nervous About Having $1.8 Million in One Stock
💵 Sign up for EveryDollar today - Create a free Budget!⁠⁠⁠⁠ Listen to how ordinary people built extraordinary wealth - and how you can, too. You’ll learn how millionaires live on less than they make, avoid debt, invest, and are disciplined and responsible! Next Steps: 💰Need he ... Show More
9m 37s
Sep 22
Ask an Adviser: 3 enduring principles to build long-term wealth - Charlie Viola | Viola Private Wealth
Charlie Viola is the founder of Viola Private Wealth and is a regular at the top of the lists of Australia's best financial advisers. Today on the podcast, we wanted to unpack the process he walks through with every client at Viola Private Wealth. From understanding who the clien ... Show More
44m 39s
Oct 3
Is Real Estate Taking Up Too Much of My Net Worth?
💵 Sign up for EveryDollar today - Create a free Budget!⁠⁠⁠⁠ Listen to how ordinary people built extraordinary wealth - and how you can, too. You’ll learn how millionaires live on less than they make, avoid debt, invest, and are disciplined and responsible! Next Steps: 💰Need he ... Show More
7m 10s