Personal Budgeting
OUR PHILOSOPHY
Like all areas that we advise on, our approach to personal budgeting is to utilize proven and respected research and best practices, while leveraging technology and automation. Study after study has shown that people who have a budget plan will do better financially, and those that stick to their plan do even better. Have you ever tried to stick with the latest diet or exercise craze that involves very particular details (e.g. calorie counting, food restrictions, or an exact order of things)? Were you able to stick with it (no, not for a week or even a month, but a permanent change to your life)? If so, please stop right now and give yourself a round of applause - you are someone I have never met; I didn't think you even existed. For all of the rest of us, what tends to work best are systems that nudge us in the right direction, or even better, automate our choices towards things that support our goals. With that in mind, we have shared below several of the high-level approaches we use in advising our clients and creating a customized personal budget that aligns with their overall goals.
Like all areas that we advise on, our approach to personal budgeting is to utilize proven and respected research and best practices, while leveraging technology and automation. Study after study has shown that people who have a budget plan will do better financially, and those that stick to their plan do even better. Have you ever tried to stick with the latest diet or exercise craze that involves very particular details (e.g. calorie counting, food restrictions, or an exact order of things)? Were you able to stick with it (no, not for a week or even a month, but a permanent change to your life)? If so, please stop right now and give yourself a round of applause - you are someone I have never met; I didn't think you even existed. For all of the rest of us, what tends to work best are systems that nudge us in the right direction, or even better, automate our choices towards things that support our goals. With that in mind, we have shared below several of the high-level approaches we use in advising our clients and creating a customized personal budget that aligns with their overall goals.
