PLANNING

The difference between a good entrepreneur and a great one is that great ones know their next five moves.

Planning is important, but the most important part of every plan is to plan on the plan not going according to plan.

Financial planning without lifestyle planning is just math without meaning.

Most financial advice addresses 10% of the picture. The other 90% is taxes, income, insurance, and legal structures.

The goal of money is freedom. If your financial plan doesn't increase your freedom, it's the wrong plan.

Most people don't have an investment problem. They have a tax problem they don't know about.

The 4% rule isn't a rule. It's a starting point for a much more nuanced conversation.

Risk is what's left over after you think you've thought of everything.

A good financial plan is one you can actually follow when things get scary. Most plans fail that test.

The best financial plan fits on a napkin. If it doesn't, it's too complicated to follow.