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The Three Wells - Well 3
Nov 21, 2020
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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...
The Three Wells - Well 2
Nov 21, 2020
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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 ...