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I'm 36 and my mother died suddenly, leaving me everything. I'm not good with money — how do I avoid a misstep?
Yahoo Finance· 2025-09-26 09:45
Receiving a large inheritance may be a happy daydream for many people, but the reality is not always so pleasant. Managing money isn’t easy for many people, especially if they are used to living on very little. Thomas Shortreed, a behavioral financial advisor in Cortland, Ohio, tells Fidelity, “Money is very emotional. It feels good in the short run to buy things you haven’t had or always wanted” [1]. This is the situation that Cleo, 36, is faced with after her mother passed away suddenly, and she has ...