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Costco, Tesla, and Temptation Bundling

Motley Fool Money

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Navigating Financial Windfalls and Behavioral Insights

This chapter explores the challenges and strategies associated with managing unexpected financial gains, including prioritizing debt repayment and establishing emergency funds. It also discusses behavioral concepts like temptation bundling and the impact of environmental factors on decision-making. Furthermore, it emphasizes the importance of self-awareness, sound investment strategies, and building a diversified portfolio for new investors.

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