Financial Planning | vs. | Prosperity Economics |
| Meets needs and goals only | Maximizes every dollar | |
| Retirement oriented | Abundant/Freedom oriented | |
| Product oriented (only what you buy) | Strategy oriented (what you do) | |
| Accumulate money | Accelerate money | |
| Rate of return focuses | Opportunity cost recovery focused | |
| Institutions control your money | You control your money | |
| Uncoordinated | Integrated | |
| Micro (vacuum) based | Macro (big picture) based | |
| Net worth is measurement | Cash flow is measurement | |
| Money stays still | Money moves | |
| Dollars do only one job | Dollars do many jobs |
A few things to consider…
Financial Planning Issues to Consider
The thing about the typical financial planning industry is that projections and math are used to show people idealistic scenarios without all the proper contexts. For example, a 401k or investment projection can look very promising. However, these projections are often created with a custom rate of return, making projections more or less fictitious. Read more financial planning issues to consider>>
