Part I: Building a Snowman

Your income is where we’ll begin to demonstrate how personal finance is as simple as building a snowman. We’ll compare money earned to a fresh snowfall and discuss the similarities in next steps. The section ends with the first analogy I used to help my brother years ago. We’ll compare inflation and its impact on your money to a snowman stuck in the blistering sun.

Along the way, we’ll cover:

  1. Setting aside money as it’s earned to pay off debt or to save

  2. Investing your savings to help them grow

  3. Choosing the right investments for your needs

  4. Taking on the right amount of risk to reach your goals

  5. Protecting your savings from unexpected expenses

Steven ArnottComment