Financial freedom is not something that just happens. It requires a plan.  Carl Richards is the author of The One-Page Financial Plan, A Simple Way to Be Smart about Your Money. I will tell you that the ultimate plan has more than one page, but getting started really is one page.


Richards says that the biggest obstacle in financial planning is getting started. People are just overwhelmed with all of the choices, so they default to doing nothing. Some of the hesitancy is that people are afraid to face the truth about their finances. It is the old, “out of sight – out of mind” mentality. But financial freedom needs a beginning.


Richards suggests a one page starting point with the question of why? Why is money important? What is having money going to achieve in one’s life? Richards and his wife wrote down, “Time with family doing things we love.” The rest of plan was about decisions that relate to the “why.”


Today is a good day to begin a financial plan. Start with why. Then write down two to four major financial steps that will begin to move you there.