Four tips for managing an unexpected increase in money

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Kristen Heaton sold her hairbrush brand Crave Naturals for seven figures in 2021. Here are four tips for managing new wealth and how to make the most of it. investinyou (In partnership with acorns.)

When Heaton sold her brand, she knew she wasn't ready to stop being an entrepreneur. That also helped to inform her next decision about what to do with some of the new wealth.

"So in the summer, after we sold, we started working night and day trying to build this new brand. And now we have the new brand that we're launching, it's called; it's a foot-care line, and it's available on Amazon. And for me, I think that I'm just going to continue to do what I love as long as I can," Heaton said.

 

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