How do you create a backup budget and how can this exercise lead to a more nuanced risk capacity analysis?
Is It Time to Consider a Backup Budget?
If you are flexible in your spending, creating a backup budget may measure your risk capacity more accurately, illustrating how much stock you can afford.
Sensible Scenarios: A Financial Plan Smoothed the Way to the Open Road
When the Burkes wanted to take some time off and travel, Sensible created a financial plan to help them get on the road.
Sensible Scenarios: Dreams of an Arizona Retirement
A couple plan to retire in Arizona. When they move sooner than originally planned, they contact their Sensible Financial advisor to make it work.
My parents involved me in the financial aid process. It paid off.
While researching financial aid and colleges with my parents, I learned about setting expectations, finances, and planning.