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Barri Segal on Muck Rack

Barri Segal

Verified
Glendale
As seen in: nudge-Global, MSN, MSN Canada, MSN Singapore, Yahoo News New Zealand, Aol, Yahoo Finance, Yahoo Finance Canada, Yahoo Finance Singapore, Yahoo Finance UK, Money US News and
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Articles

9 Ways to Spend a Windfall Wisely

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By Erica Sandberg Verified, Barri Segal Verified, Tanza Loudenback Verified
| U.S. News and World Report Verified
Key Takeaways When you get a windfall, try not to make emotional or rash decisions with the money. Be careful who you tell about the money, and consider turning to a professional to help you decide what to do with it. Paying down debt and preparing for the future are excellent ways to use the extra funds. Splurge on what you really want after you've properly planned. Unexpected windfalls can come in many forms, from gambling winnings to a larger-than-average work bonus to an inheritance.
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How to Budget When Your Income Is Irregular: Advice From the Experts

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By Dawn Papandrea Verified, Barri Segal Verified, Tanza Loudenback Verified
| Money US News
Key Takeaways Freelancers, gig workers, seasonal workers and commission-based workers all have irregular income, which can make budgeting more complicated. A variable-income budget requires more discipline during high-income months because you also need to prepare for slower periods. Building a larger emergency fund, setting rules for allocating lump sums, setting money aside for taxes and basing your budget on the low end of your income range can help create financial stability.
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Is a 60/40 Portfolio Appropriate for Retirees?

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By Rachel Hartman Verified, Barri Segal Verified, Liisa Rajala Verified
| Money US News
Key Takeaways A 60/40 portfolio consists of 60% stocks and 40% bonds. The strategy gained popularity because stocks historically drove growth while bonds helped dampen volatility. Recent market conditions have led some investors to reconsider whether a 60/40 allocation is suitable for their retirement needs. Sequence-of-returns risk can be especially important for retirees who begin withdrawals during a market downturn.
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