We’re more likely to face an extreme financial event than we believe.
In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses how we never exactly know the “what” or the “when.” Faced with this uncertainty, we’d tend to avoid thinking through different worst-case scenarios involving our money.
But as in a flash flood, relying on “higher ground” can help to minimize the disruption to our lives. And with our finances, higher ground can be found in room for error and room for disappointment. Room for error requires prudence when our financial lives feel stable. Room for disappointment, meanwhile, requires us to make financial choices that emphatically reflect our values and priorities.
Welcome to Financially Well, the finance podcast for Millennials.
What You Know About Your Future Retirement
No One Taught You to Use an HSA
Monet & the Reality of Luck
Bluey & The Limits of Structure
Artificial Financial Decisions
Moneyball
15-Minute Finances
Natural Finance
Arbitrary Stupid Goals
Parting Ways With Country Music
The Money Challenge
Embracing a Third Place
Life in a Spreadsheet
Financially Unreasonable
The Rules of Financial Improv
What Rocks?
Shadows or Spotlight
The Greatest Show on Turf
Stuck in Traffic
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