Top 3 Financial Strategies in 2022: Incorporate These Changes Into Your Financial Plan!

Is your financial strategy adjusted for the changes that happened in the last couple of years? How you should manage your money and plan your retirement in the light of recession (and inflation)?

In this video, James Conole is talking about the best financial strategies in 2022 and how you can take to opportunity to get the most out of your personal finance management, and how to achieve financial success in these hard times.

⏰ TIMESTAMPS
00:00 - Introduction to Financial Strategies
2:41 - Financial planning and changes in 2022
6:11 - Money Management Tips
8:15 - Financial Planning Changes
9:59 - How To Achieve Financial Success

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[randolphh]

Having a positive attitude, and looking for good in bad is helpful for sure.
Mostly good advice, especially the will advice.
Im not so sure about the “less stressful job, making less money advice”
Unless you couple that with a major reduction in your budget, you are just trading one stress for another.
Also if you are older then, the 10% compounded returns may not materialize in time

[claudiobarbosa]

..great things to consider as usual and very clear explanation supported by example! one thing i have been doing is roth conversion. very useful strats! thanks!

[TWills-oehn]

Overall, great advice. Simply wish I could find that consistent 10% return! 🤣

[larryjones]

See Investopedia's Why Emergency Funds Could Be a Bad Idea. I've decided I carry too much money in my checking account. I'm working to get it down to just above the required amount to avoid the monthly fee. 'Cash drag' can pull down a retiree's investment rate of return, especially if we've got a bunch of money sitting in a checking account earning .01%. And don't most retiree's already have fixed income investments that could be called 'emergency funds'?

[pensacola]

"When You're A Jet, You're a Jet to the End. From your first Cigarette to your last dying Breath". ... West Side Story...

[frankkeel]

I need at the age of 77 a tax free investment. What do you have?