Mother Nature has not been kind to the Show-Me State this year. Many Missouri families are trying to recover from floods and tornadoes and to put the pieces of their lives back together.
As FEMA and insurance claims are paid, many families will find that they suddenly have money. That might not sound like a problem, but if you’re inexperienced in dealing with large sums of money, a windfall may tempt you to make bad financial decisions, warns a University of Missouri Extension family financial education specialist.
Today’s guest is Janet LaFon, Financial Education Specialist for University of Missouri Extension
For more information check out MU Extension’s Storm and Flood Recovery Information.