Foundational Facts

There are foundational facts to consider on your financial journey that serve as boundaries to keep you on course. They include the following: all debt is not equal, your rate of return on paying down debt is exactly equal to your after tax cost of debt, companies value liquidity and you should too, Sh*t happens, it is possible for most households to save money, we can take a balanced approach to savings, compounding matters to the upside and to the downside, the past is the past, nobody knows the future, we are not entitled to anything and behavioral economics matter.