This chapter emphasizes the importance of understanding your goals and priorities when it comes to saving and spending. It discusses the challenge of balancing different financial priorities and the need for open communication. The chapter also introduces the concept of mice (money, ideology, compromise, and ego) and how it guides financial decisions.
Money management is all about setting priorities.
Maybe you have the twin goals of sending your kids to college while also saving enough for retirement.
And maybe you’re struggling to figure out how to balance the two.
Today, Bryan Kuderna, a certified financial planner, shares a framework for helping us set priorities.
We talk about the importance of economic literacy, in addition to financial literacy. We discuss how retirement has changed throughout history. And we apply those broader lessons to how you think about retirement.
For more information, visit the show notes at https://affordanything.com/episode468
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