The Economic New Normal

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In today’s economy everyone has pretty much accepted that the “old normal” world of financial planning and the intentional, deliberate and steady way of building wealth may no longer work. The “new normal” is defined by certain facts such as: excessive growth in markets is unsustainable, increasing personal debts need to be reduced or paid off, actual savings needs to be increased, spending needs to be curbed to reasonable and affordable levels along with many other realities of the current economic situation. Mr Fee tells us how this can and will affect us and how to deal with it in your personal financial plan.

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