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Episode description
Rich Girl Roundup: What Would We Do With An Inheritance?
The Money with Katie Show
May 01, 2023
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16 min
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Ep 88
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Transcript available on
Metacast
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Episode description
Whether you receive an inheritance or win the lottery, they can both be treated like receiving new income. Katie and Henah chat through what they would do with a big lump sum, including paying off debts, investing in experiences and companies, and if Katie would continue to rent. 👀 Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. - Mentioned in the Episode Inheritance taxes:
https://turbotax.intuit.com/tax-tips/estates/what-are-inheritance-taxes/L93IUc3sC
Estate taxes:
https://www.irs.gov/businesses/small-businesses-self-employed/estate-tax
Treading lightly on unexpected income:
https://podcast.moneywithkatie.com/how-to-deal-with-unexpected-expenses/
- Read Money with Katie:
https://moneywithkatie.com/
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Rich Girl Roundup: What Would We Do With An Inheritance? | The Money with Katie Show podcast - Listen or read transcript on Metacast