Episode 134 – What is Financial Planning? Part II: The Bucket
The previous “What is financial planning?” episode, number 79, is one of the most watched videos on this site. Here's an addendum to that one…
This is a presentation I often use with new clients. I can't claim credit for it, I'm afraid. I believe that credit goes to Paul Armson. The bucket is an analogy for your liquid money, that is, money you can spend, eat and use. The financial planner's job, among others, is to help you manage the level of water in your bucket.
Location: Drift Dam