Thursday, May 7, 2015

Why we believe in setting up “Tripwires” in your financial life…

Presented By Mark Phillips

Carl Richards, one of our favorite thinkers on the art of planning and advice – not all financial, shares a great reminder of the value of the “tripwire” in his latest post on his blog site (Behavior Gap). Using a story about a medical procedure he underwent Carl relates, with his typical elegant simplicity, the beauty of the well-designed tripwire.
We believe in a huge way in the tripwire tool. After all we are only human, life is ever more busy and complicated, and mistakes, especially those not caught for a long time, can be expensive.
Please give yourself a well “invested” five minutes to enjoy and think about Carl’s article.
Click here to read the article.                                                                                                                 
Please jot down 2-3 tripwire opportunities in your life to share with me at our next meeting. They need not be explicitly financial in nature. After all, we have all discovered that the non-financial problem eventually often becomes a financial problem as well.

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