Just got a bonus? Here's how to (smartly) spend a windfall.

A simple guide to avoiding the fate of sports stars, lottery winners, and spendthrift heirs everywhere

windfall
(Image credit: (Thinkstock))

Coming into a big sum of money might seem like the perfect problem to have. But at the risk of throwing cold water at you, it's also a big responsibility. It's also perfectly O.K. to be nervous or maybe even scared that you'll do exactly the wrong thing with your big bonus, inheritance, or tax refund.

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