2750: The Four Pitfalls of Financial Planning by Lisa Whitley with Women Who Money on Personal Finance
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Episode 2750:
In "The Four Pitfalls of Financial Planning," Lisa Whitley illustrates crucial missteps in effective financial planning, from ignoring underlying issues to overlooking personal habits that derail financial goals. She urges a holistic, well-rounded approach to planning that accounts for personal risks and life’s unpredictabilities to safeguard future financial security.
Read along with the original article(s) here: https://womenwhomoney.com/financial-planning-pitfalls/
Quotes to ponder:
"If you don’t know where you are going, you’ll end up someplace else."
"It is disturbingly common in personal finance to conflate a specific tactic with an actual, enduring answer to a financial problem."
"A plan is rarely, if ever, perfect. Still, the wrong strategy can leave you someplace you don’t want to be."
Episode references:
Social Security Administration: https://www.ssa.gov/
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