WINDFALL MONEY, NOW WHAT?
Host
Laura Hawley – CFP®, President at Allen & Company
Co-Host:
Kyle Cobia – AIF®, Financial Advisor at Allen & Company
Guest
Susan Bradley – CFP®, CeFT™, Founder of the Sudden Money Institute, and author of Sudden Money: Managing a Financial Windfall
Today’s show will discuss sudden Wealth through a major life event, the loss of a loved one, picking the right Lottery numbers or just becoming wealthy through years of hard work, and how to maintain and protect your new found Wealth. We will also visit with guest Susan Bradley, CFP®, CeFT™, Founder of the Sudden Money Institute, and author of Sudden Money: Managing a Financial Windfall.
In this episode we cover:
- Economic Compass (:51)
- Discuss how to become a Millionaire (6:14)
- The emotional side of becoming Wealthy through a tragic event (9:07)
- Acquiring wealth suddenly and the new money events scenarios (9:38)
- Guest Susan Bradley, CFP®, CeFT™, Founder of the Sudden Money Institute, and author of Sudden Money: Managing a Financial Windfall discussed how to deal and manage sudden Wealth (10:39)
- Importance of having a time of Transition when coming into sudden Wealth (20:43)
- First things to do when you know you have a big Financial change upcoming (23:20)
- The interesting experiences of Susan Bradley seen throughout the years as it relates to sudden wealth (29:43)
Links From the Show:
Tweetable Topics:
Part of the reason the Feds didn’t change or do anything with the interest rates is because of this upcoming Brexit vote. – Laura Hawley, CFP®, Senior Vice President at Allen & Company
What do we know about the Market? It does not like uncertainty. – Laura Hawley, CFP®, Senior Vice President at Allen & Company.
When it comes to managing sudden wealth….at the base of it all actually, is that people think it’s about the money, and it’s really about change. – Susan Bradley, CFP®, CeFT™, Founder of the Sudden Money Institute, and author of Sudden Money: Managing a Financial Windfall.
Personal Finance is 80% behavior and 20% head knowledge. – Dave Ramsey, Author, radio host, television personality.
Connect with:
Laura Hawley – CFP®, Senior Vice President at Allen & Company
Allen & Company – Laura Hawley
Kyle Cobia – AIF®, Financial Advisor at Allen & Company
Allen & Company – Kyle Cobia
LinkedIn – Kyle Cobia
Miami Hurricanes Sports – Kyle Cobia
Susan Bradley – CFP®, CeFT™, Founder of the Sudden Money Institute, and author of Sudden Money: Managing a Financial Windfall.
LinkedIn – Susan Bradley
Sudden Money Institute – Susan Bradley
About LAURA HAWLEY
Laura began her lifelong career at Allen & Company as one of the youngest Financial Advisors in Florida more than 30 years ago.
A CERTIFIED FINANCIAL PLANNER™, Laura joined Allen & Company in 1983 and now serves as Senior Vice President and Chairperson of the Executive Committee. In addition, she was appointed to the Board of Directors in 2001. Laura played a crucial role in establishing the Viera office and served as Branch Manager until 2015. She holds Series 7, 66 and 24 licenses, as well as her Life, Health and Variable Annuities.
Laura’s holistic approach to financial planning, and her passion...