The One-Page Financial Plan Book Review

by Sherrian Crumbley on May 1, 2015

in Reviews

I enjoy learning and discussing personal finance. The day-to-day things like budgeting, credit decisions, debt repayment. Where I start to get a bit intimidated is matters of investing. So, I admit, when I learned that The One-Page Financial Plan was written by financial planner, Carl Richards, I was a bit apprehensive about reading it.

Once people start talking stocks, bonds, derivatives (blah blah blah), I totally shut down, and I had no clue how to avoid the ‘shut down’ when I have to review the book!

I think I spent a few days just poking it with a stick. Once I finally got over my fear of touching it, upon a quick glance, the first thing that stood out to me was that One-Page Financial Plan was around 200 pages long. That alone made me feel a little less intimidated.

Also, as I flipped through the pages, I noticed there were a lot of very simple sketches and some on napkins (Yes – even less reading) and I felt even a little more comfortable taking it on.

One-Page Financial Plan Book

What was really helpful was actually reading the books tagline: A Simple Way to Be Smart About Your Money. As I read through the pages, the one thing I felt very confident about, is that the author delivered on the tagline.

The author says:

My goal in writing this book is to pull the curtain back a bit: to show you how real financial planning works, to give you an experience of what it’s like to work with a real financial advisor. Whether you’re working with an advisor or on your own, this book will help you understand the basic steps for creating a personalized plan that takes into your account your unique values and goals.

One-Page Financial Plan Review

Boy was I pleasantly surprised and never more happy to be wrong! It is evident from my fear that I had no idea how real financial planning works … I mean, they don’t just start talking about stock options? Firstly, I really like the author’s writing style. It is very simple, making the subject matter approachable.

Secondly, he does a great job of walking the reader through the steps of making an individualized  financial plan without making it seem like a rudimentary to-do list. Each step is wrapped in relevant stories and makes sure to delve into the reasoning behind making choices.

In One-Page Financial Plan, the author talks about his own financial missteps, and I really appreciated the humility and openness. And I have to tell you, he does eventually get to the bad ‘i’ word – investments, and it wasn’t painful! I didn’t scratch my eyes out and I didn’t just close the book and figure I’d ignore writing about it in this review.

Just like the rest of the book, what he does share is done in such a way that anyone can understand. It wasn’t bogged down with jargon and really helped me to feel more confident with investments going forward. Also, he doesn’t tell you what to do, but he does give the reader really good guidelines to do what’s best for their unique situation.

One-Page Financial Plan – Takeaways

A couple of things I learned:

1. It is important to know why money is important to me. (And not in a generic way, but to really get to the root of it)

2. I want to make sure my values and my goals align. It’s clear to me know how those bump up against each other in my life.

3. As with everything else … as we’ve always known … discipline is key.

If You Need Some Guidance

A lot of times, in areas like finances, the problem is that we know we need to get to point B but we just need some guidance to get there. For anyone, in any financial state, One-Page Financial Plan will help you to do that. After reading it, I felt like some of the jumbles in my mind got sorted out. I guess that’s what a financial advisor is supposed to be able to do for a client. Mission accomplished.


Carl Richards Carl Richards is a CERTIFIED FINANCIAL PLANNER™ and the director of investor education for the BAM ALLIANCE, a community of over 130 independent wealth management firms throughout the United States. He is the creator of the weekly Sketch Guy column in the The NY Times, and a columnist for Morningstar Advisor. Carl has also been featured on Marketplace Money, The Leonard Lopate Show, and


Groupon Coupons: Introducing A New Way To Save

by Khaleef Crumbley on March 30, 2015

in Deals

By now, most of us have heard of, and possibly used, Groupon – the website that specializes in offering deals on just about everything that you can imagine. I know so many people who have been able to try a new restaurant, taken dance lessons, joined a gym, found a new spa or salon, and even taken day trips for a fraction of what they would normally have to pay for such things.

Using Groupon is a great way to try out services/businesses for the first time or save money on a product or service that you already love. So you can imagine my excitement when I learned about Groupon Coupons!

What Is Groupon Coupons

Unlike the traditional Groupon service which is a great way to take part in local activities and services or find smaller, more regional businesses; Groupon Coupons provides a way for us to save money when shopping at larger stores.

They have partnered with over 8,600 national retailers to provide a completely free way for you to find thousands of coupons and exclusive promo codes from stores like Macy’s, Nordstrom, Best Buy, and Target. You can also enjoy deals on things like tax preparation with Turbo Tax, airfare with Hotwire, and flowers with FTD.

Groupon Coupons

Groupon Coupons: Use It Or Lose It?

One of the other ways in which this new feature is different than the “traditional” Groupon offerings is that you do not have to put out money in advance of getting the service. Typically, a Groupon deal is purchased ahead of time and then redeemed by the deadline, and if you don’t take advantage of the deal, you will lose your money. So, if you get a deal for $300 worth of dance lessons at $75, you have to pay the $75 up front and if you fail to use the offer by the deadline, then you are out $75!

But as they specify with this new feature, “At Groupon Coupons, you don’t need to purchase anything to use these great savings offers. Choose from a database of over 55,000 completely free coupons from more than 8,000 stores.” So unlike the typical way of buying a discount in advance, this is a discount that you receive at the moment you actually buy a good or service.

In addition to the stores and services I listed above, they also have great deals set up with Sports Authority and Home Depot, so I would definitely suggest checking out Groupon Coupons before you purchase anything…we plan to!

Reader Questions:

Have you used either Groupon deals or the new Groupon Coupon before? If so, how did you enjoy the experience?

Have you ever purchased something because it was a great deal, but then you never or rarely used it?

Do you expect to visit the Groupon Coupons site before making your next purchase?

photo credit: Coupon Pile Stock Photo via photopin (license)

{ 1 comment }

5 Things To Do With A Windfall

March 10, 2015

Even though tax season has come and gone for some, many people are still facing the prospect of getting a lump sum of money in the near future. Events such as graduations, birthdays, and unfortunately, deaths can lead to one getting their hands on a decent amount of money at one time. Here are 5 […]

read more

Interview With Dorethia Conner of #MoneyChat

February 20, 2015

A few days ago we posted a review of #MoneyChat The Book, by Dorethia Kelly Conner. This new personal finance book was born out of the popular ‘money chats’ that Dorethia hosts each week on Twitter. To coincide with the launch of the book, we are posting a Q&A with the author about the book […]

read more

#MoneyChat THE BOOK by Dorethia Conner Kelly – Book Review

February 16, 2015

I was excited to read and review my copy of #MoneyChat having been a part of the author’s twitter chats in the past, anonymously following the ‘money chat’ hashtag as the conversations rolled down my screen. #MoneyChat The Book, by Dorethia Conner Kelly, is the result of the recurring topics that have come up in […]

read more

Debt Is Not Forever

January 29, 2015

I have talked to hundreds of people about the topic of debt and their plans to pay it off. The one thing that I have found is common among most of them (probably 95%) is the belief that they will be in debt until they die, and all they can do for now is manage […]

read more

3 Ways To Keep God In The Center Of Your Financial Chaos

January 26, 2015

With the beginning of a new year, the internet is a-buzz with resolutions about saving money and getting out of debt. We have a few of our own goals, and since our savings challenge went well last year, we are doing it again this year with a few changes. As Christians, we share a lot […]

read more

5 Tips That Can Help You Find High-Quality Life Insurance Coverage

January 21, 2015

Many Round Rock-area insurance underwriters offer high-quality life insurance policies that are designed to help you protect your family from the financial risks that occur when a loved one dies unexpectedly. Here are five tips that can help you choose one of these life insurance policies which suit your needs. Ask About Death Benefit Options […]

read more

3 Old School Tips to Save on Heating Costs This Winter

January 16, 2015

Before the days of the internet, where one could find out how to do just about anything, there were things that were passed on by tradition, word of mouth, and trial-and-error. As I think back, there were a few things people did in their homes to keep them warm in the colder months that I […]

read more

How To Teach Your Kids About Money

January 14, 2015

Teaching kids about money can feel overwhelming since it can be such an emotional topic. But, starting early is a great way to ensure that your little ones get a head start on a healthy financial future. If you are stuck on ways to teach your kids about money, Low Income Financial Help has provided […]

read more