Eric Coon Episode #3 – A Financial Budget
Manage episode 308483033 series 2815404
Eric Coon, Financial Planner, explains how to overcome habits of near-term thinking to transition to long-term thinking for financial success. Statistics show too many people are not planning for long-term fiscal choices. That is, not enough people are saving for emergencies and retirement. This is a result of being fiscally out of balance. A budget listing all fixed and variable expenses along with long-term savings while living on approximately 70% of your income is one model to help overcome short-term planning.
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