Friday, July 10, 2015
The One-Page Financial Plan by Carl Richards
I really enjoyed Carl Richards' The Behavior Gap, both the book and his web site, and so I looked forward to reading his new book about financial planning. For me, however, there wasn't anything really new to learn here. I can see how it would be good for a person who was feeling intimidated by the magnitude of the financial planning task, but I really didn't have a lot of takeaways here.
He starts with goal setting concepts, and builds on a very simple framework of just doing the right things a piece at at time to accomplish those goals. What he really tries to do is to make a scary process seem folksy and conversational. You might buy this book for one of your kids who is just getting through college.
Nothing bad to say about the book, but it didn't really float my boat.