Use Buckets To Improve Your Financial Strategies - Episode 288

Buckets for different financial purposes can create clarity and improve your financial strategies. Ken Greene, discusses the concept of 'buckets'. He refers to these buckets as categorized allocations of personal finance, likening it to how you might fill several different physical buckets with water. 

 

Links and Resources from this Episode

DISCLAIMER For resources and additional information of this episode go to http://engineeroffinance.com Connect with Ken Greene http://engineeroffinance.com Office 775-624-8839 https://www.linkedin.com/in/ken-greene https://business.facebook.com/GreeneFinance  

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Episode Highlights

How 'buckets' help in retirement planning, definition of financial independence and freedom Concept of every dollar having a purpose and using different categories to allocate funds Using 'buckets' for specific purposes such as mortgage and expenses related to house, auto loans and their maintenance Having a bucket specifically designed for acquiring real estate, impact of current mortgage rates Diversifying income streams for retirement including rental income, pensions, and annuities Using the stock market as a 'play check money' during good years, spending it on vacations or fun toys

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