: Once you define what you value (e.g., "time with family" or "financial independence"), use this as a filter. If an expense doesn't align with these values, it shouldn't "pass the gate". 2. Assess Your Starting Point

: Richards suggests "guessing" your future needs (like retirement spending) while accepting that these will change. Be Specific

A Billfold Book Review: Carl Richards’ ‘The One-page Financial Plan’