Clients, especially new clients, sometimes ask us how their spending compares to other people’s. There is the sense that if they are doing what other people are doing, then they are probably “okay”. Our response has usually been that there is a very wide range of spending levels, and an “okay” level of spending depends [Learn more…]
sustainable living standard
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.