While the financial crisis of 2008 seems to have negatively impacted everything, some financial strategies seem to be doing better than others. Here are the personal finance approaches that I think have worked well for us during this crisis:
During prosperous economic times, these strategies were considered overly conservative. However, use of these strategies has reduced some of the financial anxiety for us during this economic crisis.
For more on The Practice of Personal Finance, check back every Wednesday for a new segment.
This is not financial advice. Please consult a professional advisor.
Copyright © 2008 Achievement Catalyst, LLC
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Creating a Retirement "Paycheck"
Since retiring in 2007, we typically have withdrawn funds monthly from our taxable accounts to pay for living expenses. Last year, I decid...
Wednesday, November 26, 2008
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