Budgeting, Investing, Personal finance, Savings

Who moved my cheese? How to deal with changes in financial plans

The title is taken from a famous book as below. Even though it is meant to be a management philosophy, it applies to the subject of personal finance as well.  https://read.amazon.com/kp/embed?asin=B004CR6AM4&preview=newtab&linkCode=kpe&ref_=cm_sw_r_kb_dp_tIGqEbZ4SSXY6 Financial Planning does not work?  There is a proverb in the military - Plans are good till the first bullet is fired. Some of… Continue reading Who moved my cheese? How to deal with changes in financial plans

Budgeting, Investing, Personal finance, Savings, Spending

The SAFE plan – Simple, Automated, Flexible and Efficient

Safety in financial world is an oft-repeated word, and is mentioned in contrast to risk and growth. We talk a lot about risk-return trade-off, safety of invested principal in long term and short term investments. There is another way of looking at Financial Safety. The SAFE plan described below is a way of setting up… Continue reading The SAFE plan – Simple, Automated, Flexible and Efficient