“Principles are what guide us if you want to say it’s your conscience.”

Principles make life easier. A principle is something that doesn’t change. It’s something that always points in a certain direction.

“The most important thing he learned was to live his life based on principles that teaches him what is true and what to do about it.” - Ray Dalio, author of Principles: Life and Work.

Look up the definition of retirement. A Traditional planning approach is designed to lead people to retirement. Retirement has an age associated with it.

Almost 67% of Americans who are currently retired say that social security retirement income is a major source of income.

Financial freedom is a capability. Financial freedom means that you can do what you want when you want without restrictions financially.

“An asset is something that puts money in my pocket. The difference between an asset and a liability is based on the direction of the cash flow.” - Robert Kiyosaki

Kyle J Christensen, founder of Fiveth, founder of Unique Advantage, and author of Principle Based Planning: A Better Approach to Financial Planning | LinkedIn

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