The only constant variable that you can truly rely on is change.
This is what makes financial planning so hard. An actual plan that you put down on paper is outdated before the ink is even dry, because every single piece of new information will throw your charts and your projections and your linear action steps out of whack.
Plus, there's no one variable that you can plug in to account for "change." You cannot pin it down or make it more concrete. It's inherently unknowable, usually unpredictable, and rarely attributable to any one thing.
And yet you have to deal with it anyway. In this episode, we discuss a few strategies for working with change (rather than having it work against your plans), including:
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