What are some examples of boundaries that lottery winners could set?

M

Mike_25

Guest
As a surprise lottery winner, setting financial boundaries is wise. Don't splash out on lavish gifts or vacations at once. Decide how much to share with family vs. keep private. Set a budget for regular versus splurge spending. Don't feel pressure to quit a job right away. Establish if winnings will cover college, down payments or retirement as priorities first. Place limits on risky investments, hobbies or charities to maintain financial discipline. Boundaries today will help ensure winnings last and avoid regrets tomorrow.
What are some examples of boundaries that lottery winners could set?
 
Boundaries that lottery winners could set could include financial boundaries, such as a budget for spending or saving, and personal boundaries, such as setting limits on the number of people they tell about their winnings.
 
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