On the East Coast, Mr. Vakil says his clients typically work in the finance and consulting sectors; on the West Coast, most are working in the tech industry. “These individuals completely feel and understand and recognize the pain of the last year, but now they’re being given an opportunity to come out of that," Mr. Vakil said. “The piece of advice I find myself giving over and over again is actually a best practice in the world of what’s called ‘sudden money’: Don’t do anything that’s not necessary. Next, plan for your immediate needsFor those unsure about what step to take next, Mr. Vakil recommends handling immediate concerns to buy yourself some more time. Now vs. laterMr. Vakil and Ms. Behr say most of their clients don’t kick up their heels and sail off on a yacht.

Source: Mint May 29, 2021 15:56 UTC