I believe financial planning is about acting purposefully to ensure you have enough money for what matters most to you.
To help you achieve that outcome one key practice I recommend is to
“save for the significant and minimise the insignificant”
Obviously you first need to know and identify what life experiences are significant for you.
In Ruth Ostrow’s column today in The Weekend Australian she writes about how her jealousy of a friend revealed a life experience which really mattered to her that for various reasons was missing from her life at the time.
If you occasionally catch yourself resenting others for what they have then head on over and read Ruth Ostrow’s tip on how to embrace jealousy and turn it into something useful.
Then head back here to The Money Guide to learn how to ensure money is not the obstacle to you achieving what you really want in life.