Questions tagged [financial planning]

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DongdaemunTrend DongdaemunTrend Fri Feb 14 2025 | 6 answers 1655

What is the 50-30-20 saving method?

I heard about a saving method called 50-30-20, but I'm not sure how it works. Can someone explain what the 50-30-20 method is and how I can apply it to my finances?

What is the 50-30-20 saving method?
ZenMindful ZenMindful Mon Feb 10 2025 | 5 answers 952

What is the 50 30 20 budget method?

I've heard about the 50 30 20 budget method and I'm curious to understand what it entails. Could someone explain to me what this budgeting approach involves and how it works?

What is the 50 30 20 budget method?
GyeongjuGlorious GyeongjuGlorious Sat Nov 30 2024 | 6 answers 1859

What is the 4% withdrawal rule?

I've heard about a financial strategy called the 4% withdrawal rule, but I'm not sure what it means. Can someone explain this concept to me, including how it works and why it's important for retirement planning?

What is the 4% withdrawal rule?
Giuseppe Giuseppe Tue Sep 24 2024 | 5 answers 832

What is convergent investment?

I don't understand this question. Could you please assist me in answering it?

What is convergent investment?
CloudlitWonder CloudlitWonder Sat Sep 21 2024 | 7 answers 1475

What does a holistic financial planner do?

Could you please explain in simple terms what a holistic financial planner's role entails? I'm curious to understand how they approach financial planning and how they factor in various aspects of a client's life, including their goals, risk tolerance, and current financial situation. How do they differ from traditional financial advisors, and what specific skills or qualifications do they typically possess?

What does a holistic financial planner do?

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