Okay, to sum it up, I was involved in an incident back in 2012 (When I was 12 years old), and ultimately reached a $20,000 settlement in court. This was money that I never knew about, until today, and it has been in a CD account for the past 6 years accumulating petty interest. Today, my father told me about the money, and my first reaction was shock, but I will get the money after my birthday on Saturday (September 8th). Now this is a lot of money, and I really don't want an opportunity like this to go to waste buying something crazy like a car, clothes, etc. What is the smartest way to approach this situation to maximize ultimate success, and to take full advantage of the situation? I am open to all recommendations and suggestions. If you have any questions, feel free to ask.
Edit: I am currently employed, yes, and the company does offer 401k plans, etc, but I honestly don't know much about any of that.
Submitted September 06, 2018 at 10:25PM by EBinsight https://ift.tt/2CoN9UB
