In this video, I’ll discuss The One Page Financial Plan Book Summary by Carl Richards and we go over the most important ideas in the book.
00:35 – Effective Financial Plan
02:43 – Emotional Balance Sheet
03:17 – Emotional Balance Sheet Reason #1
03:32 – Emotional Balance Sheet Reason #2
05:06 – Tip #1: Prioritise your goals and separate needs and wants.
05:24 – Tip #2: Automate your savings.
05:43 – Tip #3: Take advantage of windfalls.
06:02 – Tip #4: 72-hour test.
06:22 – Tip #5: The spending cleanse.
06:56 – Carl Richards listed a few goals for investors.
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