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Spend that windfall wisely (even if you didn't win the Powerball lottery)
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Huge windfalls, like Wednesday's $580 million Powerball lottery drawing, get all the attention, but every day Americans get smaller surges of money – an annual bonus, for example, or a tax refund. You might be tempted to use it to pay off your credit card balances. Not so fast. There might be better ways to use it to improve your overall financial position. Here are five questions to ask yourself before you decide what to do with that windfall:
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By Michael Germanovsky , Contributor
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Yes
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No
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Count Up
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