| Name/ID | Why/Desc/Context |
|---|---|
| Define your savings goals (amount and deadline) (101) | emergency fund, downpayment for new house, retirement, vacations, college savings, gifts, career-investment conferences, etc. |
| Turn each goal into a monthly saving schedule (102) | (amount divided by months-until-deadline) |
| Review current cash flows, decide where flow for savings will come from. Adjust budgets. (103) | |
| Set up Savings sub-account for each goal. (104) | |
| Set up monthly transfers from Checking to each appropriate Savings goal-account. (105) |
| Member | Note | Posted |
|---|
| Type | Name | Description | Price |
|---|---|---|---|
| Article | John Ameriks Does the 4% rule hold up? |
Note that the '4% rule' implies that your liquid savings at retirement be 25x your target annual spending. | $0 |
| Book | Chilton, David Wealthy Barber Chapter 8 |
$9 | |
| Book | Sethi, Ramit I Will Teach You To Be Rich Chapters 4, 5 |
$11 | |
| WebApp | DinkyTown DinkyTown Savings Calculators |
Show the benefit of increasing your savings. | $0 |
| WebApp | Planwise Planwise |
Allows you to see and understand the impact of current and future financial decisions. | $0 |
Family Financial Future