Easy Money's Hard Lessons

Wall Street Journal - It isn't easy having lots of money—especially when it comes as a windfall.

It isn't easy having lots of money—especially when it comes as a windfall.

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Deena Katz, an associate professor of personal financial planning at Texas Tech University, recommends the newly wealthy "set aside a certain amount of their money—it could be 10% or 20%—to do some of the things they always said they would do if they came into money."

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