Graphic Plan for a windfall

Do you know what you would do if you received some cash you didn’t see coming?

Create or increase your emergency fund

Saving 3-6 months' living expenses gives you confidence in taking on unexpected costs

Reduce or pay off high-interest debt

Paying down higher-interest credit card debt gives you flexibility for future goals

Invest toward short- and long-term goals

With everyday finances in order, you can turn your eye to the future you imagine

Whether you're expecting an influx of cash or not, thinking ahead can help you make the most of this opportunity. Splurging is tempting—but it's wise to take a breath, step back and decide on a deliberate approach for these funds to ensure you're making informed decisions. Don't know where to start? Here are some ideas to consider.