5 steps to a stronger financial plan


    Most people don’t know how to accurately assess the probabilities and risks in their financial planning. As a result, their financial plan will likely collapse the moment something goes wrong. What does it mean almost always falls apart because there are a million things in life that we don’t anticipate, don’t take into account, or just forgot to take into account.

    It’s not that planning is pointless. We need to treat planning as a process and not as a one-time event that we set and forget. We also need strategies for building stronger financial plans that can withstand the inevitable bad luck, bad decisions, or poor assumptions that happen along the way.

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