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Clean Code, Clean Finances — Software Principles in Personal Finance

  • Implementing S.O.L.I.D principles in personal finance can lead to a structured and effective approach to managing finances.
  • Applying Single Responsibility Principle to budgeting involves assigning specific responsibilities to different accounts like Necessities, Goals, and Fun expenses.
  • Adhering to Open/Closed Principle in finances means creating a scalable financial plan that can adapt to changes like income growth without requiring frequent revisions.
  • Leveraging Liskov Substitution Principle entails creating diverse sources of income to ensure financial stability even if one source diminishes.
  • Following Interface Segregation Principle advises using only financial tools that are well understood and tailored to individual needs and knowledge.
  • Employing Dependency Inversion Principle suggests building income streams independent of a single job function through investments and passive returns.
  • Lastly, embracing the KISS principle (Keep It Simple, Stupid) in investments recommends focusing on stable and understandable business ideas rather than risky and complex ventures.

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