Monday, July 18, 2022 – Planning for lump sum cash payments

Chances are, at some point in your life, you will get a per-capita payment, an insurance payout, or an inheritance. Even a tax refund can be a large amount of cash for most people. A larger-than-usual payout offers a chance to buy a car, a boat or some other material item. It can also provide a chance to invest, start a business, or reduce your debt. Today on Native America Calling, Shawn Spruce looks at how to prepare for when you have more money with which you know what to do with Leilani Wilson Walkush (Tlingit), chief compliance officer for Breakwater Investment Group; Miranda Lente (Isleta Pueblo), loan officer for Tiwa Lending Services; and Yolanda Pushetonequa (Meskwaki).