There are some basics concepts that just about everyone should live with in terms of the finances. These ideas as I’ll put them forth here are part of the philosophy of the Alliance of Cambridge Advisors. (If you’re looking for an ethical capable financial advisor in your area, www.cambridgeadvisors.com is a great place to look.)
The Five Fundamentals of Fiscal Fitness are:
– Saving 10%
– Sufficient Liquidity
– Fund Pensions
– Having a Right Size House
– Controlling Consumer Debt
Over the next few postings, I’ll give you my version of these concepts and how the average person can apply them in their life.
Filed under: General Personal Finance | Tagged: debt, Fiscal Fitness, house, liquidity, pensions, saving | Leave a comment »
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