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Episode 65: Financial Planning Basics

Jul 29, 2021

When making a financial plan, we like to compare it to building a house.  That is why we call our financial plans the Retirement Blueprint.  In this week’s show we will talk about some of the components of a solid written retirement plan.

Here are just a handful of the things that we'll discuss:

  • EVERYTHING starts with a good plan, that will change over time
  • 80/10/10 rule – Set aside 10% of your monthly income for God/charity, 10% to savings, and then the remaining 80% on your monthly needs
  • Good debt vs bad debt
  • Live within your means

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