So last year I was in an accident with a distracted motorist, I've still got a bit of recovery ahead of me, but we're now far enough along now that my lawyers have begun the process for settlement. I am told I could be looking at a settlement in the mid to lower six figure range, as we have a rather solid case. A little about myself, I'm 27, have a full time job, but no real assests, or savings, as I'm currently living in California, and spent what I had saved to get through this road back. On the upside I am relatively debt free, and free of any major financial strings suchs as children. I grew up with a single mother, (no siblings) who did the best she could, but ultimately we lived paycheck to paycheck, as I had up until this accident. I've taken a few financial mgmt classes but they were more in line with household budgetting then wealth mgmt, on this level. I'm hoping to use this money to finally break that cycle, and get ahead. Lately everybody around me has an opinion on how to do that with the new funds, but I'm coming to you Reddit for some unbiased guidance on how to actually set myself on a path of financial security, and ideally growth.
TL;DR: Poe boy from a Poe family coming into some money, (roughly in the mid to lower six figure range), looking to invest, and budget the money for financial security, and ultimately growth.
Submitted June 27, 2019 at 08:11PM by mynameisarrgh https://ift.tt/2Xc93Vd
