Before Breakfast What to do with a small windfall
Jul 29, 2025
Discover savvy strategies for managing a small financial windfall. Learn the importance of intentional spending and how to make your money work for you. Explore options like paying off high-interest debt, boosting your emergency fund, and investing in experiences that matter. Plus, find out how charitable giving can make a positive impact on your community. Make your extra cash count!
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Intentional Use of Windfalls
- Use any small windfall intentionally instead of letting it disappear in regular expenses.
- Consider paying high-interest debt first, then funding emergency savings or spending on enriching experiences.
Extra Paychecks as Mini Windfalls
- Getting an extra paycheck some months can feel like a small bonus if budgets are based on two-paychecks monthly.
- This variability creates an opportunity to treat that paycheck as a windfall.
Spend Windfalls on Experiences
- Spend a windfall on experiences rather than things, to create lasting memories.
- Use it for trips, outings, or memberships that bring ongoing enjoyment.