Where Did It All Go?

Nancy Nealious made some missteps in managing an inheritance

flow management. As much as Nealious would like to put the $2,000 contest winnings toward savings, Dean says she should get an affordable car, as she will need reliable transportation for school and work.

Don’t do it. What Nealious should definitely take off the drawing board is the notion of owning a business. She should revisit that desire after she’s established in her career. Staying focused will be important for Nealious. “She’s thinking far ahead, which is key to being financially successful,” says Dean. “If she takes on one major goal at a time, she’ll do well.”

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