5 Financial Pitfalls to Avoid When You Come into New Money

Buying-Jewelry

AVOID IMPULSE SHOPPING   	It’s okay to enjoy the finer things in life when you come into new money, but the key is moderation. “Make sure your purchases are thought out,” says Harmony. “You don’t need everything you see just because you can afford to buy it. So many of us are quick to go buy cars and jewelry. In the beginning, I used to pay for dinner everyday of the week, but they all add up.”

AVOID IMPULSE SHOPPING It’s okay to enjoy the finer things in life when…