Have a well-thought financial plan that is not dependent upon correctly guessing what will happen in the future.
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A good financial plan is a road map that shows us exactly how the choices we make today will affect our future.
Thoughtful financial planning can easily take a backseat to daily life.
The best advice that I can offer is that being proactive and a careful planner is key. Think about the major things that could shake up your financial life, and I'll bet there are some great ways to protect yourself.
The future will take care of itself. My plans have fallen flat. Nothing that I planned has worked for me so far. So I don't plan anymore. I keep short-term plans.
A financial plan is a way to take all of the money advice you come across and figure out how it applies to your specific financial situation.
The last thing you want to do, unless it's a very unusual situation, is to invest money.
I always say don't make plans, make options.
I haven't any sort of plans for the future but I reckon things will work out in some manner.
Do not make grand plans. Be flexible.
I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold.
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