4 ms·
> > Your net worth would skyrocket, but your credit score wouldn’t budge. Seems fishy, doesn’t it? Not at all. 1) no one knows I inherited that money unless I
by delinka 7y ago
> > Your net worth would skyrocket, but your credit score wouldn’t budge. Seems fishy, doesn’t it?
Not at all.
1) no one knows I inherited that money unless I tell them (ok, the bank and the IRS do - the bank can't announce it, the IRS doesn't announce it...)
2) my instant change in net worth does not affect my ability to handle my finances month-to-month
- nopriorarrests 7y ago>2) my instant change in net worth does not affect my ability to handle my finances month-to-month idk man, if I inherited 1M USD, it would definitely affect my ability to handle my 3K USD monthly expense.
- delinka 7y agoSure, you have the money to cover those expenses. But will you? Simply inheriting the money doesn't answer that question. Receiving the money speaks nothing about your ability to manage it correctly.
- sigstoat 7y agoplenty of lottery winners get bigger piles of cash, and would be very poor folks to loan money to.