Scientific studies show that people get a grip on their finances in stages, instead of trying to do everything all at once. The first stage is cash management, the second is saving, the third is credit management, and the fourth is investment.
I think of these as financial planning “zones” and have assigned cash management to Zone 1, saving to Zone 2, credit management to Zone 3 and investment to Zone 4. Each post in this blog will have at least one Zone tag so, if you want to work in a particular Zone, you can find all the posts for that Zone by clicking on the tag in the Tag Cloud on the lower right side of this webpage.
Source: Jing Jian Xiao (Editor), Handbook of Consumer Finance Research (2008).