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Flow Financial Planning, LLC
  • Home
  • About
    • About
    • Flow in the Media
    • FAQs
  • What We Do
  • Blog
  • Contact
  • Schedule a 15-min intro call
  • Home
  • About
    • About
    • Flow in the Media
    • FAQs
  • What We Do
  • Blog
  • Contact
  • Schedule a 15-min intro call
Schedule a Consultation

Tag: expenses

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Save Up for Big Expenses Ahead of Time. It Forces You to Prioritize Your Goals.

Block Woman surveys 3 piles of coins next to 3 objects: a building; a car; a dog.

This last March, I took my family on a trip to Europe (London and Paris), a trip that I’d first envisioned in January 2020. Enter pandemic, recovery from pandemic, negotiation of elementary- and middle-school schedules, my own hangups, and I finally did it, four years later.

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expenses Financial Independence joyful spending portfolio withdrawal saving savings plan withdrawal rate

Changing your financial behavior is hard. Leverage your community!

Changing your behavior is essential to accomplishing anything great in your life, right? Skip your traditional Sunday brunch so you can train more for that triathlon. Study every night instead of hanging with friends so you can get an MBA.

And when you start working on your personal finances, you’re going to be asked to change your behavior, at least in some small way.

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behavioral finance community expenses

A Tesla won’t scotch your financial prospects. Your recurring expenses will.

A lot of my clients fret over a large one-time expense–a once-in-a-lifetime vacation, a huge home remodel, a fancy electric car–and waste much less angst on their monthly expenses. Turns out, they’ve got it backwards.

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behavioral finance cash flow expenses time value of money
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