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What to do with an unexpected financial payout

 

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Consider this: You’ve just received a nice payout or windfall. It may be a bonus, a sizeable tax refund, workers’ compensation for an accident or a payment from the Stolen Generations Reparations Scheme. What do you do with the large sum of money?

While it may be tempting to use the money to try and gain more, this factsheet from the First Nations Foundation explores some positive ways to use the payment to support your future.

Like every article on this website, this is not personal financial advice. See the phone numbers above for guidance on where to go for help about your money situation if you’re in trouble. 

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