Different Seasons, Different Savings (Part 2)

Posted by on Sep 9, 2012 in General | 0 comments

We wrote last time  about the different life stages we go through, and how it affects our finances. It’s based on the work of Nobel-Prize-winning MIT Professor, Franco Modigliani, who separated our financial life into four distinct phases: 1. Before having children there is often a surplus of income. 2. While raising and educating children, […]

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