Asking for a Friend - I've spent the last year nailing down my spending plan; what would you recommend I focus on next to improve my financial health?

January 22, 2024

Question:

I've spent the last year nailing down my spending plan; what would you recommend I focus on next to improve my financial health?

Answer:

Focus on your savings buckets.

  • We recommend that you look at saving for any large purchases so that you don't have to borrow, or you can borrow less.

  • We then also recommend that you save in different types of tax focused accounts (such as a pre-tax retirement account, tax-free retirement account, and brokerage account).


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