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As I have mentioned in previous blog posts, we categorise personal wealth in the accumulation phase of life into three 'Wells'.
To recap,
- Well 1 refers to Liquid funds (<12 months)
- Well 2Ā is our Living, lifestyle, and leisure (2 to 5 years).
And lastly is Well 3 which is what I speak more ab...
To continue our conversation on the three Wells, today IĀ get intoĀ further detailĀ on Well 2.Ā
Well 2 is the Living, lifestyle, and leisure well. (2 to 5 years)
It is aĀ second well of money which can also be actively managed to cover upcoming living expenses, holidays and travel, car upgrades, home ...
Thereās no one size fits all when it comes to choosing how to live your life.
And the same applies to designing a career or business, and where and how you are going to live.
Whatās right for one person may not be right for another. Today, a short discussion on some of the ways in which people see...