Everything you need to know about simple financial planning (Courtesy of Dilbert)

Make a will.

Pay off your credit cards.

Get term life insurance if you have a family to support.

Fund your 401(k) to the maximum.

Fund your IRA to the maximum.

Buy a house if you want to live in a house and you can afford it.

Put six months’ expenses in a money market fund.

Take whatever money is left over and invest 70% in a stock index fund and 30% in a bond fund through any discount broker and never touch it until retirement.