Monday, January 31, 2011

Elegant Explanations

I was just deciding what to post this week, when this link showed up in my in-box, sent by a client.  It is a series of napkin drawings by Carl Richards which appear in the New York Times Bucks Blog.  I think they are fabulous, as I always prefer simple, elegant explanations to financial topics.

Here is one I particularly like (click on picture to see the blog post):  

No matter how much we plan, the future will always be filled with surprises.  Good financial planning is about understanding this fact and making plans that can adapt to these inevitable changes.