Picture this—it’s Friday afternoon, your work is done, and you have the weekend ahead of you. But what makes this weekend different than any other weekend is that two-week vacation following it. You wish your colleagues well, they express similar thoughts, and you head toward freedom.

I recently came across a definition of financial literacy in Wikipedia that I believe sums up the term well. I’ll paraphrase: “It refers to the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources.”

In today’s blog, I would like to discuss coming into financial windfalls. Be it a large inheritance, a pension payout, life insurance proceeds, DROP monies for those of you who work with the county, settlements of all kinds and for the extremely lucky and rare lottery winners.