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FINANCIAL LIFE PLANNER

Step 1: Prep for Success
Step 2: Stockpile Cash
Step 3: Doctor’s Orders
Step 4: Aim to Retire
Step 5: Shed Bad Debt
Step 6: Protect Your Pay
Step 7: Buy a House
Step 8: Plan Your Estate
Step 9: Make Projections
Step 10: Educate the Kids
Step 11: Revamp Insurance
Step 12: Pay Off Debt
Step 13: Quitting Time

PORTFOLIO BUILDER

Step 1: Ask Why
Step 2: Pick Your Provider
Step 3: Cover Cash Needs
Step 4: Off the Shelf
Step 5: Build Your Own
Step 6: Fend Off Inflation
Step 7: Tilt Your Portfolio
Step 8: Add Alternatives
Step 9: Keep Your Balance

BASICS

Top Priorities?

TOO MUCH CHOICE CAN be paralyzing. This is the reason many 401(k) plans have winnowed the list of funds they offer: Thanks to the smaller selection, participants are less likely to feel overwhelmed—and more likely to make an investment decision, rather than leaving their cash to languish in the plan’s money market fund.
I think this is a good strategy for other areas of our finances. For instance, you may make smarter investment decisions if you limit your choice by,

Articles
BELOW ARE LINKS to (relatively) recent articles, podcasts and videos from HumbleDollar’s editor, Jonathan Clements, that have appeared on other sites. Also included are articles by others devoted to his financial advice.

Concentration Risk (podcast, July 31)
Keys to a Happier Life (podcast, June 30)
10 Lessons from Jonathan Clements (video, June 19)
“The Payoff Is Huge” (video, June 3)
The Federal Budget Deficit (podcast,

CONFRONTED BY a complicated financial world, the temptation is to fall back on rules of thumb. But are these rules any good? Here are five of the most popular:
1. Save 10% every year. There are two knocks on this rule of thumb. First, the 10% of pretax income is the sum you’re meant to save for retirement—which means those who have other goals, like buying a house and paying for a child’s college education,