The Philosophy Of Personal Finance
Eastern philosophy is based on the concept of balance. The symbol of Yin/Yang illustrates the theory. (If you can't visualize this symbol, a Google search will lead you to several illustrations of the Yin/Yang.) Day and night, good and evil, pleasure and pain, inner strength and physical strength are examples of opposites that need each other in order to maintain equilibrium. The approach commonly used in personal financial planning focuses on a rigid set of rules that works well in business budgeting but fails too often when used by individuals. In developing a business plan the primary day-to-day expenses, such as rent and utilities are identified first. ...
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