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Received an unexpected payout? Navigating financial boundaries with those close to you isn’t easy, but these tips can help you avoid common pitfalls.
Coming into unexpected money—a windfall, inheritance, or lucrative new job—can bring great opportunities. But it can also attract unwelcome attention. Friends and family may come to you with financial requests, from small loans to investment opportunities. Setting boundaries is critical. You don’t want to damage relationships, but turning down these requests is often necessary to protect your…
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