Simple Financial Planning

6 key principles

In the world of financial planning, there is an endless amount of advice. Because of this never-ending list of advice, it might be hard to get started with your financial plan.

However, financial planning can be distilled down into six key principles:

  1. Awareness of your financial situation
  2. Optimize your spending
  3. Establish an emergency fund
  4. Save for retirement
  5. Get out of debt
  6. Protect what you have

Are there ways to do each of these better? Yes. Are there layers to each of these? Yes… but don’t let that prevent you from starting. Take action on these six key principles and you will be doing great.

Ready. Set. Go.


Do you want to understand how to make your money work for you and keep more of what you have earned? 

Reach out to me at or schedule a free consultation.


Disclaimer: This article is provided for general information and illustration purposes only. Nothing contained in the material constitutes tax advice, a recommendation for purchase or sale of any security, or investment advisory services. I encourage you to consult a financial planner, accountant, and/or legal counsel for advice specific to your situation. Reproduction of this material is prohibited without written permission from Nate Byers a Madison, WI CPA Financial Advisor,  and all rights are reserved. Read the full Disclaimer in the footer below.