Evolving Personal Finance » Entries tagged with "visualization"
Money Management Systems Visualized
There are three basic money management systems that couples use: pooling, partial pooling, and independent. Those are the academic terms – I prefer to refer to them as joint, partly joint and partly separate, and separate. In this post I have visualizations of each of these money management styles, plus a variation of joint that I call joint with allowances. The main distinctions among the styles are into what type of account (joint or individual) … Read entire article »
Filed under: budgeting
How Can We Plan Our Retirement in Our Twenties?
Basically any reading on the topic of retirement emphasizes the necessity of visualizing what we want retirement to be so that you can set a goal for a certain amount of savings/passive income to achieve by retirement age. I totally understand the utility of this exercise for 1) actual planning for people approaching retirement (in their 40s or 50s, say) and 2) motivation for young people to start saving (aggressively). But, really? I don’t know about … Read entire article »
Filed under: retirement
Recent Comments
- Adam on Home Equity Is Funny Money
"Hi Emily - I just stumbled upon your blog. Great post! Up in Canada this is a…" - Emily on Home Equity Is Funny Money
"I agree that an appraisal is the best number to work with. I can't think of why …" - JL on Home Equity Is Funny Money
"I only note it as round numbers, in $50k or $100k estimates. I also usually upda…" - We Maxed Out All Our Retirement Accounts for the First Time! - Evolving Personal Finance | Evolving Personal Finance on Avoiding an Expensive 401(k) Plan through Self-Employment
"[…] was the first year that we contributed to Kyle’s expensive 401(k…" - Business Goal Tracking for Week 8 of 2022 - Evolving Personal Finance | Evolving Personal Finance on Business Goal Tracking for Week 6 of 2022
"[…] Done as of two weeks ago! […]…"