Notes

What Is A Financial Plan?

We’ve grown accustomed to a 40-page binder with charts, graphs and a bunch of words as the hallmark of a financial plan. But, what if I told you a financial plan could be 4 or 5 pages, or even 1?

Well, it’s true.

But the truth is, it’s not the size of the document that determines if a financial plan will be a success or not; size does not a successful plan make. Instead, it is the contents of the plan–the areas of your financial life covered, the analysis, and the recommendations that lead to a successful plan.

Yes, the charts and graphs are helpful visuals, but they do not help you make progress toward your goals.

HRA? VEBA? What are those?

  If you are a teacher in Indiana, there is a very good chance that you have a HRA (Health Reimbursement Agreement) […]