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Updated almost 5 years ago on . Most recent reply

User Stats

57
Posts
4
Votes
Logan Larochelle
  • Apopka, FL
4
Votes |
57
Posts

Mom received some money need advice

Logan Larochelle
  • Apopka, FL
Posted

My mom received 100k in a life insurance check and I wanted to give her the best advice for what to do with it. She is 60 years old house is paid off, has no debt, no savings besides this money.

what would be some good advice or things she could do with the money. She wants to put it in a savings Or a cd account but I told her it would only earn around 1% it’s not really worth it.

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