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Fundamentals of Finance

(The following content is for educational purposes only, and is not meant as individualized advice.)

Infographics

The Power of Compounding

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Compound interest is the key to supercharging your wealth.

The Savings Cascade

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Ready to start saving? Know where to put your money to have the most impact.

Videos

Blog

5 Portfolios That Are Better Than Yours

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When investing, keep it simple, low cost, and learn from the best.

Technique and Interpretation

(The surprising parallels between art and finance)

    Resources 
    (downloadable and customizable)

Book Recomendations

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Psychology of Money by Morgan Housel

My favorite book about money. The Psychology of Money explores how personal biases, ego, and emotions—rather than mathematical formulas—drive our financial decisions and determine long-term wealth.

-"Controlling your time is the highest dividend money pays."

-"Wealth is the money you don't spend"

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The Boggleheads Guide to Investing by Lindauer, Larimore, and Leboeuf

A comprehensive, DIY-friendly roadmap that teaches how to build wealth through a simple, low-cost strategy of diversified index funds, tax efficiency, and long-term discipline.

-"Ignore the noise. Financial news is designed to make you trade, not to make you wealthy."

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The Simple Path to Wealth by JL Collins

The Simple Path to Wealth simplifies financial independence into a single, potent strategy: spend less than you earn, avoid debt, and invest every spare dollar into a total stock market index fund (VTSAX) to buy your freedom.

-"Complex investments exist only to profit those who create and sell them. Further, not only are they more costly to the investor, they are less effective."

Podcast Recomendations

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Advisory services are offered through Sound Financial Planning, LLC an investment adviser registered with the state of Michigan. Advisory services are only offered to clients or prospective clients where Sound Financial Planning, LLC and its representatives are properly registered or exempt from registration.

 

The information on this site is not intended as tax, accounting or legal advice, nor is it an offer or solicitation to buy or sell, or as an endorsement of any company, security, fund, or other offering. Information provided should not be solely relied upon for decision making. Please consult your legal, tax, or accounting professional regarding your specific situation. Investments involve risk and have the potential for complete loss. It should not be assumed that any recommendations made will necessarily be profitable.

 

The information on this site is provided “AS IS” and without warranties either express or implied and the information may not be free from error. Your use of the information provided is at your sole risk. 

 

Email: pmccaffrey@soundfinancialplanning.org

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