Financial Planning
@financialplan.bsky.social
Simplifying personal finance and helping others grow their wealth. Sharing tips on investing, saving, and financial wellness.
**Posts are strictly for education and are not financial advice. All posts are opinions only**
**Posts are strictly for education and are not financial advice. All posts are opinions only**
Life happens. Build an emergency fund with 3-6 months of expenses. It’s your first line of defense against financial stress
January 30, 2025 at 3:13 AM
Life happens. Build an emergency fund with 3-6 months of expenses. It’s your first line of defense against financial stress
Your budget is your roadmap. Spend less than you earn, save for the future, and give every dollar a purpose. Clarity today builds wealth tomorrow.
January 27, 2025 at 12:06 PM
Your budget is your roadmap. Spend less than you earn, save for the future, and give every dollar a purpose. Clarity today builds wealth tomorrow.
It’s easy to feel tempted to sell underperforming positions, but more often than not, that’s a mistake.
Ask yourself what gave you the conviction to buy in the first place? Has anything fundamentally changed? In most cases, staying the course is a smarter move than falling to FOMO or loss aversion.
Ask yourself what gave you the conviction to buy in the first place? Has anything fundamentally changed? In most cases, staying the course is a smarter move than falling to FOMO or loss aversion.
December 23, 2024 at 4:28 AM
It’s easy to feel tempted to sell underperforming positions, but more often than not, that’s a mistake.
Ask yourself what gave you the conviction to buy in the first place? Has anything fundamentally changed? In most cases, staying the course is a smarter move than falling to FOMO or loss aversion.
Ask yourself what gave you the conviction to buy in the first place? Has anything fundamentally changed? In most cases, staying the course is a smarter move than falling to FOMO or loss aversion.
Weekly book recommendation: The Intelligent Investor by Benjamin Graham.
This book emphasizes smart, long-term investing. It says don’t let emotions drive your decisions and always leave room for error.
“Mr. Market” shows how unpredictable the market can be, and warns not to get caught in noise.
This book emphasizes smart, long-term investing. It says don’t let emotions drive your decisions and always leave room for error.
“Mr. Market” shows how unpredictable the market can be, and warns not to get caught in noise.
December 20, 2024 at 2:30 PM
Weekly book recommendation: The Intelligent Investor by Benjamin Graham.
This book emphasizes smart, long-term investing. It says don’t let emotions drive your decisions and always leave room for error.
“Mr. Market” shows how unpredictable the market can be, and warns not to get caught in noise.
This book emphasizes smart, long-term investing. It says don’t let emotions drive your decisions and always leave room for error.
“Mr. Market” shows how unpredictable the market can be, and warns not to get caught in noise.
A common mistake is caring about short term fluctuations of accounts when you have long term goals.
December 20, 2024 at 11:03 AM
A common mistake is caring about short term fluctuations of accounts when you have long term goals.
People often find investing overwhelming.
When should I buy? When should I sit on the sidelines? When are markets too high… won’t the rug get pulled out?
These are real, HUMAN, questions to ask.
Truth is, there’s no crystal ball.
The best answer?
Make a plan. Stick to it. Period.
When should I buy? When should I sit on the sidelines? When are markets too high… won’t the rug get pulled out?
These are real, HUMAN, questions to ask.
Truth is, there’s no crystal ball.
The best answer?
Make a plan. Stick to it. Period.
December 6, 2024 at 12:08 AM
People often find investing overwhelming.
When should I buy? When should I sit on the sidelines? When are markets too high… won’t the rug get pulled out?
These are real, HUMAN, questions to ask.
Truth is, there’s no crystal ball.
The best answer?
Make a plan. Stick to it. Period.
When should I buy? When should I sit on the sidelines? When are markets too high… won’t the rug get pulled out?
These are real, HUMAN, questions to ask.
Truth is, there’s no crystal ball.
The best answer?
Make a plan. Stick to it. Period.
Reminder: procrastination is the silent killer of compounding.
It doesn’t have to be all or nothing.
Start with something and start sooner rather than later.
It doesn’t have to be all or nothing.
Start with something and start sooner rather than later.
December 5, 2024 at 5:50 AM
Reminder: procrastination is the silent killer of compounding.
It doesn’t have to be all or nothing.
Start with something and start sooner rather than later.
It doesn’t have to be all or nothing.
Start with something and start sooner rather than later.
Weekly book recommendation: The Psychology of Money by Morgan Housel.
Master your mindset, not just your money. The Psychology of Money reveals wealth is about behavior, not math.
Planning is great, but numbers in a spreadsheet only get you so far without your mindset aligned to the plan.
Master your mindset, not just your money. The Psychology of Money reveals wealth is about behavior, not math.
Planning is great, but numbers in a spreadsheet only get you so far without your mindset aligned to the plan.
December 4, 2024 at 5:34 PM
Weekly book recommendation: The Psychology of Money by Morgan Housel.
Master your mindset, not just your money. The Psychology of Money reveals wealth is about behavior, not math.
Planning is great, but numbers in a spreadsheet only get you so far without your mindset aligned to the plan.
Master your mindset, not just your money. The Psychology of Money reveals wealth is about behavior, not math.
Planning is great, but numbers in a spreadsheet only get you so far without your mindset aligned to the plan.
Investing is designed to be simple: buy companies you believe in and hold for the long term.
ETFs make it even more simple, buy 100s of companies at once and hold them for the long term.
The key is having the discipline to consistently invest over time.
ETFs make it even more simple, buy 100s of companies at once and hold them for the long term.
The key is having the discipline to consistently invest over time.
December 1, 2024 at 1:34 PM
Investing is designed to be simple: buy companies you believe in and hold for the long term.
ETFs make it even more simple, buy 100s of companies at once and hold them for the long term.
The key is having the discipline to consistently invest over time.
ETFs make it even more simple, buy 100s of companies at once and hold them for the long term.
The key is having the discipline to consistently invest over time.
3 ways to organize investments:
1) Consolidation - Just get all of your funds on one or two platforms if possible.
2) Automation - Take the thought out of contributing to accounts. Set them up so they invest automatically.
3) Optimization - Align your goals with your portfolio. Diversify.
1) Consolidation - Just get all of your funds on one or two platforms if possible.
2) Automation - Take the thought out of contributing to accounts. Set them up so they invest automatically.
3) Optimization - Align your goals with your portfolio. Diversify.
November 23, 2024 at 12:07 AM
3 ways to organize investments:
1) Consolidation - Just get all of your funds on one or two platforms if possible.
2) Automation - Take the thought out of contributing to accounts. Set them up so they invest automatically.
3) Optimization - Align your goals with your portfolio. Diversify.
1) Consolidation - Just get all of your funds on one or two platforms if possible.
2) Automation - Take the thought out of contributing to accounts. Set them up so they invest automatically.
3) Optimization - Align your goals with your portfolio. Diversify.
Timing the market is tough. Dollar-cost averaging is simple. Invest consistently, regardless of market highs or lows, and let time do the heavy lifting for your portfolio.
November 22, 2024 at 1:22 AM
Timing the market is tough. Dollar-cost averaging is simple. Invest consistently, regardless of market highs or lows, and let time do the heavy lifting for your portfolio.