Financial Planning conversation at Pizza Shop

@Pizza Shop

Client : Can you help me understand Financial Planning?

Advisor : Imagine this full Pizza as your Monthly Income, then allocate

1) 50% for your Needs (Food, Rent, Health, Transportation)

2) 30% for Wants (Hobbies, Entertainment, Shopping, Skill Building)

3) 20% for Savings (Insurance, Investment, Contingency Funds)

Client : Is it as simple as you explained ?

Advisor: Yes, but unfortunately simple things are hard to implement without External Motivation

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