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Snippet: First Steps To Financial Planning, Emergency Funds and Understanding Your Risk Tolerance
For anyone who is looking to improve their financial situation, I think this is a good first step - increasing your financial literacy. By knowing everything basic about financial planning, one can then go on and work on emergency funds. Once the fund is ready, I believe it enables a very different world view once blinded by the lack of preparation and planning.
In this snippet, we talked about the different risk tolerance each individual has and how one has to cater their financial planning to this risk tolerance.
Listen to the full conversation here: https://open.spotify.com/episode/316D6XHPfNjH0CombiPfcW?si=J_Ayu4BpSnixwa6spj-ukg
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By Ray LowFor anyone who is looking to improve their financial situation, I think this is a good first step - increasing your financial literacy. By knowing everything basic about financial planning, one can then go on and work on emergency funds. Once the fund is ready, I believe it enables a very different world view once blinded by the lack of preparation and planning.
In this snippet, we talked about the different risk tolerance each individual has and how one has to cater their financial planning to this risk tolerance.
Listen to the full conversation here: https://open.spotify.com/episode/316D6XHPfNjH0CombiPfcW?si=J_Ayu4BpSnixwa6spj-ukg