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Thursday, September 9, 2010

Soccer and Personal Finance


Soccer, personal finance and creativity - what's not to like? Rupee Manager shows how the different parts of a soccer team relate to the different parts of a financial game plan.

In my opinion, it is a terrific way to turn on the light bulb for many people who focus on only one part of their finances and think they have all the bases covered - like the soccer team with excellent strikers but glaring weaknesses elsewhere.

My posts from the last 2 days are related, especially the bottom line showing the impact of increasing your saving rate, working slightly longer, and getting a bit higher return on your investments. Many times, it's not about just doing one thing well but doing several things in small increments.

I believe Rupee Manager's succinct post is worth sharing in the classroom with young people learning the basics of financial literacy. What do you think?

2 comments:

  1. Good post by Rupee Manager. Helps people visualize asset allocation and the different roles on money management.

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  2. I agree. One of the difficulties people have is they get wrapped up in the minutia of finance (of which there is a lot) and miss the big picture. Rupee Manager does an excellent job of providing perspective.

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