EPISODE · Jul 29, 2021 · 14 MIN
Episode 65: Financial Planning Basics
from KPC Smart Money Podcast · host Kevin and Karin Christ
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. Takeaways: 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
What this episode covers
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. Takeaways: 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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Episode 65: Financial Planning Basics
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