You've picked the winning numbers for the lottery. Here's what finance experts recommend you do next

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Lottery Новости

Financial Advice,Lotto,Personal Finance

Winning the lottery could be life-changing if you spend the money right. We spoke to four personal finance experts for their hypothetical tips if you were to receive a windfall.

And yes, each time they have matched. You've just won a life-changing jackpot.But sometimes it's fun to wonder, "what would I do if it was me?"

"And while it's not wrong to do any of these things, you do need to take a step back and define your goals over the short, mid and long-term so you can make the most out of your good fortune.""Were you good at managing your finances beforehand? If not, having a million dollars in your account won't automatically make you financially savvy," Ms Chiswell tells the ABC.

"I also suggest parking the funds in a high-interest-bearing account until you've had the time to really think about priorities, and to avoid impulse purchasing while you're still on the high of seeing your numbers drop.""We would really need to take stock of where you are now and understand that a lump sum of money won't fix all your problems and concerns," Mr Ford said.

"Within your circle of friends and family, there is always bound to be someone who has financial problems and will be asking you for assistance," Ms Bacon says."While they might mean well, their suggestions could be influenced by their own interests."What you intend to leave for future generations 'A snake eating its own tail': Some private health insurance policies have increased up to five times the approved averageVictorian mother found guilty of forcing daughter to marry man who murdered herLeading economist Ross Garnaut says life was much easier for young people when he was their age. Here's why

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