Major lifestyle decisions have a second cost: The savings you give up. 1 (Ryan Haiss, Twitter Sep. ‘26)
$3,000 more per month toward:
- Travel
- Cars
- Bigger house
- More clothes
Is $36,000 per year no longer going somewhere else. That does not make spending wrong, it just means you should understand the trade-off. Good financial planning is not about maximizing your net worth. It is about intentionally deciding what your money should do for your life.
Many people do not need a more complicated investment strategy.
They need a more consistent savings strategy.
- Automate contributions
- Increase them when income rises
- Invest bonuses intentionally
- Avoid interrupting the plan every time markets have a draw down
- Give compounding time to work
The portfolio does matter but behavior usually matters more.
Sincerely,
Mike Busby (1-Oct-26)
THE COMMENTS CONTAINED HEREIN ARE A GENERAL DISCUSSION OF CERTAIN ISSUES INTENDED AS GENERAL INFORMATION ONLY AND SHOULD NOT BE RELIED UPON AS TAX OR LEGAL ADVICE. PLEASE OBTAIN INDEPENDENT PROFESSIONAL ADVICE, IN THE CONTEXT OF YOUR PARTICULAR CIRCUMSTANCES. THIS ARTICLE WAS WRITTEN, DESIGNED AND PRODUCED BY MIKE BUSBY FOR THE BENEFIT OF MIKE BUSBY WHO IS A FINANACIAL ADVISOR FOR BRANDON LINDSAY INSURANCE AGENCIES, A TRADE NAME REGISTERED WITH INVESTIA FINANCIAL SERVICES INC., AND DOES NOT NECESSARILY REFLECT THE OPINION OF INVESTIA. THE INFORMATION CONTAINED IN THIS ARTICLE COMES FROM SOURCES WE BELIEVE RELIABLE, BUT WE CANNOT GUARANTEE ITS ACCURACY OR RELIABILTY. THE OPINIONS EXPRESSED ARE BASED ON AN ANALYSIS AND INTERPRETATION DATING FROM THE DATE OF PUBLICATION AND ARE SUBJECT TO CHANGE WITHOUT NOTICE. FURTHERMORE, THEY DO NOT CONSTITUTE AN OFFER OR SOLICITATION TO BUY OR SELL ANY SECURITIES. MUTUAL FUNDS OFFERED THROUGH INVESTIA FINANCIAL SERVICES INC.
