Category: Planning

The Power of Community in Finance

We know that money is highly personal. It isn’t a popular topic for a cocktail party. And for many, it is considered taboo to even discuss amongst friends and family.  Perhaps this is why, when it comes to managing money, we see that most people are trying to go it alone. According to a CNBC

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The Game Everyone Needs to Start Building Plans for Their Goals

At GBI, we believe that rather than asking people to increase their financial literacy, there’s a way that we in the financial sector can make it easier for people to engage with financial problems without the expert knowledge.  The key to accomplishing this? Creating a tacit understanding of financial planning.  We’ve written in previous posts

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The Toolkit to Unlock Financial Planning

It’s widely documented that there is a lack of financial literacy among U.S. adults. FINRA’s State of U.S. Financial Capability study found that only 34% of individuals can correctly answer 4 or more questions on a basic 5-question financial quiz.  And Americans want help. Northwestern Mutual found that 6 out of 10 Americans say their

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Do We Really Need to Increase Financial Literacy?

As we come out of April, which is Financial Literacy Month, we at GBI found ourselves questioning the main problem that so many have been focused on these last 30 days: How to increase financial literacy for individuals so they can more easily engage with financial problems.  While we agree that increased financial literacy is

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Building an Ongoing Relationship with Your Plans

Congratulations, you’ve built a plan! Now what? So often, that is the end. Once you have the plan, the goal is just to stick to it. However, at GoalBased Investors, we don’t believe that building a plan is a one-time activity. A plan should be something that evolves over time. It should be something that

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The Easy Financial Planning Strategy You Probably Don’t Know About: Points

We’ve written previously about the concept of goal-based investing and the fact that every plan to achieve a financial goal shares four common ingredients: a time horizon, current savings, future savings and investment returns.   We believe that reaching financial goals shouldn’t require anyone to become a financial expert. There should be a straightforward strategy for

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How to Build a Financial Plan for the Non-Professional

We believe you should be able to build a plan to achieve your financial goals and easily find professional advice if you want it. In this post we’ll talk about how to build a financial plan that’s focused on goals, not investments.  All of us have goals like retirement income, buying a house, or sending

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What is GoalBased Investors?

Hi!  Welcome to the GoalBased Investors blog. We’re glad you’re here!  We are a group of people who are passionate about building cool, simple tools to solve complex problems. We come from the finance and tech worlds and have seen firsthand how difficult it is for people to build clear plans for their money and

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