The One-Page Financial Plan: A Simple Way to Be Smart About Your Money #1
With a title like “The One Page Financial Plan”, this book sounds pretty appealing. I want to have a financial plan- a good one. I would also love for it to be simple, manageable, understandable. It’s hard to imagine something overwhelming and complicated fitting on just one page.
I found out about this book in a mass email I received. I do read those sometimes. In the email, the book was recommended by someone at YNAB. That’s a company that I genuinely trust, not because they haven’t failed me, but because they’ve treated me exceptionally well. Which made me feel good about the quality of The One-Page Financial Plan.
So I bought it.
I bough the audio version. And I was enough moved by the content that after listening to it, which I would do running, walking, or driving, I would hurry to sit down and take notes. I finished the book within a few days, but didn’t start really following it yet, because I felt it deserved a second reading for me to follow it methodically.
Now I’m starting my second reading.
This time, I’m going to follow his directions to a T. Even if I’m not too sure about them, because this author has gained my trust in both his intentions and his expertise. Whereas I only trust my own intentions. 😂
One of the things Carl tells the reader right off strikes me as insightful. (these are my words, his concept) Imaging you’re faced with a set of directions to build something, like let’s say an IKEA bed frame. All of the information in the directions booklet is probably useful. But if you don’t keep referring back to the picture on the front page, you can easily fuck it up. In fact, you might just need that picture, and reference it over and over. Because knowing your goal can keep you on the right route.
I also love how The One-Page Financial Plan factors in for fuck-up-ery as you go. He’s like “I mess up, you mess up, let’s plan to mess up again” which is nice. Because I do indeed mess up.
According to the author, what he’s asking you to do should take about an hour.
Get yourself a fat marker and some card stock.
In the next entry I’ll tell you what his “PART 1” includes.