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What to do with $100,000 windfall or spare cash?

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While it may not bring you instant gratification, using an unexpected windfall strategically might set you on the path to fulfilling a long-held financial goal.

While it may not bring you instant gratification, using an unexpected windfall strategically might set you on the path to fulfilling a long-held financial goal.

ST ILLUSTRATION: CEL GULAPA

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SINGAPORE Landing a surprise windfall after years of skimping and saving to get by would likely spark a wild spending spree for many of us, but the smart move would be to hold fire.

That initial euphoria could lead you to splurge it all – lavish meals, a down payment on that dream car, travel or the home renovation you have been wanting to do for years.

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